Legal Counsel for a Leading Global Insurance Firm: Commercial -Corporate- Regulatory

Legal Counsel for a Leading Global Insurance Firm

Primarily responsible for drafting, reviewing and negotiating contract terms and conditions, working with General Counsel on regulatory actions and key contact for the mortgage and credit MGA. 

Essential Job Functions

•Drafting and reviewing of binding authority agreements, TOBA’s, claims handling agreements, master policies and a variety of supplier agreements including IT related agreements.

•Providing day to day legal support for 4 UK entities

•Providing support in managing regulatory requests with the PRA, FCA and other regulators as required

•Providing advice and guidance to International entities’ on a range of matters, including legal, compliance, governance, regulation, operational and company secretarial

•Working closely with other Group functions, including Underwriting, Compliance and Risk to deliver the Group’s key strategic priorities

•Providing support to key regulatory and corporate (entity restructuring etc) initiatives as and when they arise

•Managing litigation as necessary

•Communicating with external clients

•Co-ordinating support from other members of the European Legal team

Qualifications

 A minimum of 6 years PQE UK lawyer with strong legal experience in general insurance or financial services

Experience

•Experience in drafting, reviewing and negotiating insurance related agreements

•Experience in implementing new regulation in large insurance groups

•Experience in working with management teams and functional heads

•Experience in managing external lawyers especially in relation to commercial matters

•Experience of dealing with regulators and industry bodies

•Experience in negotiating outsourcing and procurement agreements
City Based