Senior Legal Counsel London, England
Job description
As Senior Legal Counsel you will be a member of a busy broad based Legal insurance / reinsurance team providing general legal and regulatory assistance but with specific duties as set out below.
DISCOVER your opportunity
What might you expect to do at AXA XL?
- Generally, work with underwriters, functional management, and international members of the AXA XL legal team on projects, queries, and continuous improvement across company and Lloyd’s markets;
- Focus on issues arising out of delegated underwriting and delegated claims as well as global programs and wordings;
- Assist AXA XL’s strategic distribution teams in ensuring compliant distribution models with AXA XL’s broking partners;
- Handle disputes with distribution partners;
- Draft various insurance related documents including Claims Administrator Agreements, Broker Service Agreements, Service Agreements for Electronic Placing Platforms;
- Contribute to AXA XL’s governance in relation to consumer products with an emphasis on conduct, including Product Oversight and FCA requirements e.g. Consumer Duty, Fair Value etc;
- Develop complex global programme structuring and reinsurance solutions, coordinating with tax, global program operation teams, and the global program centre of excellence;
- Assist and support underwriters and operations with legal queries with structure and implementation of global programs;
- Draft and maintain contracts with co-reinsurers, captives and other global program stakeholders, liaising with key stakeholders as required;
- Offer ad hoc legal support and analysis where needed;
- Advise underwriters in various jurisdictions on policy terms, legal risks and business terms of various deals;
- Independently manage various projects and deadlines;
- Provide training to the underwriters and staff on substantive legal and regulatory topics;
- Keep abreast of regulatory developments and industry initiatives and advise internal stakeholders accordingly;
- Participate on certain internal committees as legal representative.
You will report to the Head of Global Legal Functions and be a key member of the team, engaged in Global Programs, Delegated & Distribution/Broker matters, and wordings/product development.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Legal qualifications essential – ideally Law degree and qualified Solicitor or similar;
- Proven post-qualification legal work experience in a relevant field;
- Excellent written and collaborative communication;
- Able to communicate effectively with internal and external stakeholders;
- Ability to work in an international, multicultural environment within financial services;
- An ability to work independently and on own initiative whilst being part of a wider team;
- Ability to prioritize conflicting needs and progress matters expeditiously, proactively and follow through on projects to successful completion;
- A proactive approach to problem-solving with good decision-making capability.
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a strong and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Diversity & Inclusion
We know that a diverse workforce and inclusive culture enable business growth and are critical to our success. That’s why we have made a strategic commitment to attracting and retaining the most diverse workforce possible, while creating a strong, inclusive culture where everyone is welcome and can contribute and reach their highest potential.
- Named to the Diversity Best Practices Index – 2017, 2018
- Signatory to the CEO Action for Diversity
- Signatory to the UK Women in Finance Charter
- Twelve Colleague Resource Groups around the Globe
- Robust support for Flexible Working Arrangements
- Enhanced family friendly leave benefits
