Legal Counsel - Insurance

Job DescriptionIn-house Legal Counsel – Insurance Full flexible working arrangements available 5+ PQE with Insurance experienceIn-house legal experience required Our client seeks an insurance lawyer with in-house experience who is interested in working for an award-winning broker in an autonomous leadership position. Being involved in the development of their Risk Register, managing commercial insurance matters and service agreements, TOBA's, and offering advice and support on key regulatory matters with senior stakeholders.Reporting to the Deputy General Counsel, this position will assist management in creating templates and playbooks for the contracts team and assisting the other Legal teams with ad hoc project work. Management opportunities are available for this role. With flexible working, the team is open to considering all working arrangements, including flexible, remote, and part-time work.Your responsibilities will include:Developing and maintaining key standard documentation, including playbooks, policies and precedents for the Counterparty Contracts Teams, as well as various Conduct Teams / certain teams within the business who hold and issue commercial insurance agreements directly.Working closely with the 2x Counterparty Contracts Teams (dealing with Insurance Broking and MGA respectively) to review, update and overhaul their suite of contracts and drafting practices for TOBAs, DUAs, ARs and Introducer Agreements (among others).Advising on insurance regulatory issues, including Consumer Duty, ICOBS etc.Ongoing training and development of the Counterparty Contracts Teams, as part of their dotted line reporting into this role.Drafting, negotiating and amending a wide and varied range of commercial insurance agreements, including TOBAs, DUAs, AR agreements, introducer arrangements, panel services agreements, fee-for-service agreements and overrider agreements, among others. This will involve working closely with colleagues to draft and negotiate contracts in line with the strategy and values of the organisation.Working with the Deputy General Counsel and 3 Commercial Legal Counsel to provide general legal guidance, assistance and advice to the business on a day-to-day basis on wider commercial matters from time to time, including services agreements.Requirements:5+PQE solicitor qualified in England and Wales or equivalent foreign jurisdictionA deep knowledge of insurance regulation and market practices in the UKExperience working in-house either permanently or as a long-term secondment. Strong technical skills and market knowledge in this sector, including differing distribution models (essential), as the role requires someone who is able to work confidently and independently, referring matters to the Deputy GC for escalation where necessary.Experience of reviewing and negotiating a broad range of commercial insurance agreements.For more information, or a confidential conversation about the market, please contact me on 07534087340 at [email protected]