Legal Counsel

Description:

Legal Counsel

Hybrid / London

Speciality Insurance

£Excellent + Exceptional Benefits + 30% bonus

The role

Support 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 accountabilities

Provision of legal and regulatory advice to the UK Branch
Provide 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 law
Work in a cross-border team to resolve legal issues
Horizon 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 bank
When required, review and adapt UK policies for local laws and regulations
To provide assistance on non-Claims department disputes and settlement discussions and, where necessary, oversee instructions of external legal counsel
Assist with and where necessary advise the business on HSUB-related corporate legal matters, including Part VII/portfolio transfers and M&A activities
Develop client relationships in conjunction with underwriting functions, including participating in Principal's Meetings where necessary
Escalate 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 technology
Provide training to the business on new and ongoing legal issues
Identify courses and seminars relevant to the legal team and make recommendations for their attendance to ensure CPD maintenanceSkills & experience

Law 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-life
Contract negotiation
Commercial contracts experience required * a must have *
Team working skills
Proactive and highly motivated