Legal Counsel

Legal CounselHybrid / LondonSpeciality Insurance£Excellent + Exceptional Benefits + 30% bonusThe roleSupport the delivery of the functional strategic plans by being responsible for certain legal activities, which includes planning and organising own workload/resources to ensure responsibilities and commitments are performed to the required standards, timescales and targets.Responsible for ensuring that all activities performed by the UK Branch or those which are co-sourced are conducted in accordance with relevant regulations and to ensure maintenance of required standards of legal compliance.Key accountabilitiesProvision of legal and regulatory advice to the UK BranchProvide legal experience and expertise, including drafting, negotiation and review of all relevant commercial agreements in accordance with regulatory requirements and internal controls (for example: agency agreements, binding authority agreements, third party administrator agreements, agreements for services, SLAs, non-standard TOBAs, run-off agreements, co-insurance agreements, re-insurance agreements, share purchase agreements, software & licence agreements and confidentiality agreements)To maintain knowledge and work with the rest of the legal team on local data protection and privacy lawWork in a cross-border team to resolve legal issuesHorizon scanning and monitoring all relevant legal developments for circulation to the department, business, and in order to strategically advise senior management and Home Office (where applicable)Provide assistance with maintaining the UK legal precedent bankWhen required, review and adapt UK policies for local laws and regulationsTo provide assistance on non-Claims department disputes and settlement discussions and, where necessary, oversee instructions of external legal counselAssist with and where necessary advise the business on HSUB-related corporate legal matters, including Part VII/portfolio transfers and M&A activitiesDevelop client relationships in conjunction with underwriting functions, including participating in Principal's Meetings where necessaryEscalate any issues and inefficiencies identified within the department and assist with revising working methods/processes to enhance effectiveness, quality and processes for the department, including identifying appropriate legal technologyProvide training to the business on new and ongoing legal issuesIdentify courses and seminars relevant to the legal team and make recommendations for their attendance to ensure CPD maintenanceSkills & experienceLaw degree (or equivalent) and admission to practice in a Commonwealth Jurisdiction with at least NQ to 4 years' post qualification experience (obtained either in private practice or in-house)Experience within general insurance, preferably non-lifeContract negotiationCommercial contracts experience required * a must have *Team working skillsProactive and highly motivated Job Info
Job Title:
Legal Counsel
Company:
CV-Library
Location:
Competitive
Posted:
Apr 19th 2024
Closes:
May 20th 2024
Sector:
Legal
Contract:
Permanent
Hours:
Full Time
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