About us Interested in this role You can find all the relevant information in the description below.
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this.
At the heart of our success is a strong culture where people are encouraged to be present, bold, and curious, allowing them to achieve their individual goals.
Senior Legal Counsel We are currently looking for a Senior Legal Counsel to be based in our London City office on a full-time basis, reporting into the Head of Legal.
As a senior member of the legal function, you will be a trusted advisor to the business on cross-disciplinary legal issues which include strategic projects, distribution contracts, underwriting, wordings, reinsurance, service contracts, regulatory and compliance support.
Responsibilities Advise on and co-ordinate provision of advice on (re)insurance law issues including wordings, delegation, and distribution contracts.
Expertise in commercial and corporate contract issues to include optimising approach to intra-group agreements and third-party service contracts.
Work with and support Compliance on regulatory and sanctions matters.
Provide legal support to MRSG's distribution channels including international offices and in relation to Lloyd's Europe.
Work with Munich Re Corporate Underwriting and other Munich based lawyers to ensure all relevant group guidelines understood and implemented across MRSG.
Maintain wordings and processes in accordance with group-wide policies.
Develop strategy to enhance processes aimed at achieving consistency and streamlining provision of legal advice.
Support the Legal team in identifying any significant legal exposures, provide legal updates to the business and where appropriate manage external counsel instructions.
Help drive forward good conduct for the business to deliver the best outcomes for customers/policyholders.
Knowledge and Skills Qualified Lawyer – Senior PQE with experience in private practice (insurance) and in-house.
Background and specialisation in insurance law.
Good understanding and experience working with the insurance industry.
Comprehensive understanding of legislative, regulatory and competitive environment including consumer products.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway.
You might just be the candidate we are looking for!
Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better.
Embracing the power of DEI is at the core of who we are.
We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.
Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process.
You can request an adjustment by speaking to your Talent Acquisition contact.
Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment.
Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Benefits 25 days Annual Leave + bank holidays 10% Non-contributory Pension Eligibility for an Annual Bonus Private Medical + Dental Insurance Critical illness insurance + Life Assurance + Permanent Health Insurance Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility) Electric Vehicle Salary Sacrifice Scheme Study & continuing Professional Development Support #J-18808-Ljbffr