Astral Legal

Legal & Wordings Counsel - London - Hybrid Astral Legal have partnered with a market leading speciality Insurance group in London as they are recruiting a Legal and Wordings Counsel. You will be part of the Legal team reporting into the Senior Legal Counsel. This role is a generalist opportunity as it offers wordings work, Commercial Contracts, Compliance, Data Protection, and Litigation work. My client has offices globally and is a market leader in their field underwriting a variety of lines across 70 plus global countries. Working within the Legal & Wordings Team, the role will assist in advising all areas of the group on a variety of legal matters as they arise on a daily basis, with a particular focus on advising underwriters on wordings, endorsements, proposal forms, and other client and broker facing documentation to ensure the execution of contracts which are legally and regulatory compliant. You will work closely with underwriters, operations, claims, legal, compliance, and senior stakeholders. The ideal Lawyer will be experienced across the Insurance space with a particular focus on Wordings. Main areas of responsibility: Working with Senior Legal and Wordings Counsel to draft and review manuscript insurance contracts and documents in support of underwriting teams. Ensuring the wording suite is current and up-to-date and communicating with Senior Legal & Wordings Counsel for wholesale and structural changes of the wording suite. Advising underwriters daily on the best and most current wordings and endorsements to use to effect underwriting intent. Providing legal advice to underwriters and senior management on certain risk appetites and regulatory matters along with commercial contracts which affect placement of cover. Supporting the design and implementation of technology solutions to better manage our suite of wordings and legal documentation. Managing outsourcing agreements, software licensing agreements, TOBAs, and TPA agreements. Working with the Compliance Department on compliance issues, including sanctions and data protection laws and regulations. Advising on matters involving litigation and/or arbitration cases. The ideal Lawyer will be between 0-4 years PQE; my client will consider candidates from both In-House and Private Practice Law firms. Please apply now for immediate consideration.

Global Insurance Company - London - Hybrid working - Senior Legal Counsel Astral Legal have partnered with a Global Insurer as they are recruiting a Senior Legal Counsel for their team. The ideal Senior Legal Counsel will be 4-8 years PQE with a solid background working within the Insurance space. Responsibilities: Advise the business written by Lloyd's Syndicate on all legal matters. Advise and support the business on project work and commercial transactions, including providing advice to senior stakeholders and board members as required. Offer advice on related matters such as corporate structure, governance, the establishment of new products and services throughout Europe, and providing legal updates to the business. Manage external counsel instructions on matters around corporate law, general contract law, tax law, and other legal issues relevant to entering European markets. Advise on and co-ordinate provision of advice surrounding (re)insurance law issues, which would include wordings and distribution contracts. Provide advice on commercial and corporate contract issues. Demonstrate strong drafting and negotiation skills to develop standard form and bespoke documentation and contracts. Contracts can range from distribution, SaaS, procurement, to name a few. Work with internal teams including Compliance, Risk, Corporate Secretarial, and Data Protection functions, as well as external legal counsel to ensure compliance with local law and regulations. The ideal Senior Legal Counsel will be around 4-8 years PQE. Candidates from both In-House and Private Practice will be considered. You must have a strong background within the Insurance sector or have supported Insurance Clients within Private Practice. Please apply now for immediate consideration.