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Senior Legal Counsel - General Insurance Firm, Chelmsford
Client:
Arthur Recruitment
Location:
Chelmsford
Job Category:
Other
EU work permit required:
Yes
Job Views:
4
Posted:
22.08.2023
Expiry Date:
06.10.2023
Job Description:
Delighted to be recruiting for a leading General Insurance firm, who are seeking to hire a Senior Legal Counsel for their established, growing legal function. This role can be based either one day per week from the office, or fully remote to suit the candidate.
The role will report directly to the Group General Counsel and will play an integral role in shaping legal strategy, as well as assisting on key ad-hoc projects and business-wide initiatives.
As Senior Legal Counsel, you will be responsible for:
* Advising and assisting on Group-wide legal and business projects.
* Drafting, reviewing, and negotiating key commercial agreements, including Insurance (Distribution, TOBAs, Claims Handling) and Non-Insurance contracts (Licensing, SaaS, Supplier Agreements, outsourcing).
* Liaising with key internal functions including Underwriting, Claims, Finance, and Operations.
* Assisting on regulatory queries and liaising with regulatory bodies such as FCA and PRA on new regulatory changes affecting retail insurance.
* Drafting and reviewing policy wordings related to retail insurance, including motor and home insurance.
The successful candidate will have:
* Minimum 5 years+ PQE from Private Practice and/or In-House within Insurance or Financial Services sectors. England & Wales qualified or equivalent.
* Experience in the insurance industry, preferably within retail insurance environments.
* Experience in drafting commercial contracts, both Insurance and Non-Insurance, with Insurance Distribution experience being a major plus.
* Strong knowledge of the regulatory environment and experience liaising with financial regulators like PRA and FCA.
* Excellent collaboration and communication skills, with the ability to convey complex legal issues to stakeholders across the business.
My client offers a very attractive salary and package, including fully remote working.
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