Legal Counsel - Lockton Re
London, United Kingdom
003322
Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Schedule
Full Time Permanent
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
Lockton Re helps businesses understand, mitigate, and capitalize on risk. We’re pushing the reinsurance industry forward with smarter solutions that leverage new technologies—delivered by people empowered to do what’s right for clients growing to a headcount of more than 450 associates globally across 19 locations.
We’re the reinsurance business of Lockton Companies, the world's largest privately held insurance broker. Fierce independence frees us to deliver an exceptional client service experience, unencumbered by pressure from financial markets, geographical divides or silos, or conflict of interest between organisational goals and our clients’ needs.
As a part of its continued growth, Lockton Re has created this Legal Counsel role where the successful candidate, reporting to the Head of Legal & Compliance, will work with business units to offer support across legal, compliance and regulatory projects.
Job Overview
A lawyer acting in the best interests of Lockton Re International, working to identify, articulate and manage legal and regulatory risk to the business in relation to its commercial commitments and other relevant matters. This will involve providing legal and regulatory advice to an array of internal clients and working on a variety of change and transformational projects.
Key Tasks and Responsibilities
- Advising and working closely with the business to provide a pro-active service on a range of legal issues including, but not limited to, insurance agreements, general contracts, supply agreements, IP, Privacy, NDA’s, TOBAs, File Transfer Forms and BORs, Bank/Broker Comfort Letters, fee service agreements, outsourcing agreements and SLAs, and general business law (see below).
- Keeping up to date on and advising the business on changes in the law and the applicable regulatory framework;
- Advising on employee related matters including those related to restrictive covenants;
- Assisting in the drafting of policies and procedures and training materials and delivering training to business units;
- Act as a legal intermediary between the business and external counsel;
- Assisting in the general queries that arise in the business, including potentially contentious matters;
- Advising on regulatory matters including queries relating to licensing;
- Managing matters where it may involve a claim against the professional indemnity insurance of the business.
Qualifications
With the breadth of responsibility contained within this role, the business are focused on finding the right candidate with the experience to support in this varied business-facing position. Therefore, we encourage applications from all candidates with relevant experience, some examples of which are detailed below:
- Qualified lawyer with knowledge of the (re)insurance industry and (re)insurance law is highly desirable
- Proven technical ability with FCA regulatory knowledge desirable
- Instinctive commercial awareness
- Proven ability to influence internal and external stakeholders
- Able to plan and prioritise own workload to meet deadlines
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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