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Senior Legal Counsel, UK Insurance

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Bupa

Oct 23

  • Job
    Full-time
    Senior Level
  • Legal
  • London, +3
  • Quick Apply

AI generated summary

  • You must be a qualified lawyer with significant post-qualification experience, expertise in financial services regulation, strong drafting skills, and proven ability in managing legal risks and negotiations.
  • You will partner with stakeholders, provide legal support for initiatives, develop compliance frameworks, resolve complex queries, negotiate distribution agreements, and advise on product design.

Requirements

  • A qualified lawyer who can demonstrate substantial post-qualification experience and have exceptional commercial awareness.
  • Have in depth experience of working in a regulated Financial Services environment and strong familiarity with the regulatory landscape of insurance and insurance distribution and the FCA Handbook.
  • Build credibility with business function stakeholders, influence outcomes and provide practical and pragmatic alternative solutions.
  • Strong drafting and negotiating skills with a high attention to detail and bring critical thinking and excellent analytical skills to legal problems.
  • Committed to excellence. You have a proven track record of demonstrating proactive ownership of legal risk management, causing continuous improvement and adding value with the ability to manage complex, strategically important, high value and contentious negotiations.
  • Good judgment and discretion and handle sensitive matters appropriately. You achieve results by drawing on a variety of experience to anticipate actions and needs and plan around them. You leverage different viewpoints and insights and have a demonstrated ability to deal with conflict and drive for results.

Responsibilities

  • Acting as a business partner to key stakeholders, including the strategic partnerships, commercial sales and product teams, to achieve commercial outcomes aligned with Bupa's strategy and risk appetite.
  • Providing expert legal and commercial support to the UK Insurance Business to help it achieve its strategic goals, including digital initiatives, new product launches and regulatory compliance projects.
  • Working closely with the UK Risk and Compliance teams to develop and embed legal and regulatory frameworks, policies and processes.
  • Providing an escalation point for complex technical queries, ensuring their effective, timely and commercially sound resolution.
  • Drafting and negotiating different types of (often innovative) insurance distribution agreements with brokers and other intermediaries and third-party distributors, including affinity partners.
  • Advising on product design, drafting and governance, including for new business lines.
  • Dealing with a wide range of "business as usual" requests.

FAQs

Do we support remote work?

Yes, we support remote work in a hybrid format.

Is this position full-time or part-time?

This position is full-time, requiring 37.5 hours per week.

What is the job title and location for this position?

The job title is Senior Legal Counsel, UK Insurance, and it can be based in London, Leeds, Manchester, or Bristol.

Are there any benefits associated with this role?

Yes, the role includes a competitive salary, health insurance, an enhanced pension plan, life insurance, an annual performance-based bonus, and various other benefits such as gym memberships and wellbeing programs.

What experience is required for this position?

A qualified lawyer with substantial post-qualification experience, strong commercial awareness, and in-depth experience in a regulated Financial Services environment is required.

Will I be working with other teams?

Yes, you will act as a business partner to key stakeholders, including strategic partnerships, commercial sales, and product teams.

What kind of agreements will I be drafting and negotiating?

You will be drafting and negotiating various types of insurance distribution agreements with brokers and other intermediaries and third-party distributors.

Does the company encourage diversity?

Yes, the company champions diversity and encourages applications from people with diverse backgrounds and experiences.

Is there support available for disabled applicants?

Yes, as a Disability Confident employer, we offer a guaranteed interview for every disabled applicant who meets the minimum criteria for the job.

What is the company’s primary focus?

The company's primary focus is on helping people live longer, healthier, happier lives and making a better world, with customers at the heart of everything we do.

Our purpose is helping people live longer, healthier, happier lives and making a better world.

Science & Healthcare
Industry
10,001+
Employees
1947
Founded Year

Mission & Purpose

upa's purpose is helping people live longer, healthier, happier lives and making a better world. We are an international healthcare company serving over 38 million customers worldwide. With no shareholders, we reinvest profits into providing more and better healthcare for the benefit of current and future customers. We directly employ around 85,000 people, principally in the UK, Australia, Spain, Chile, Poland, New Zealand, Hong Kong SAR, Türkiye, Brazil, Mexico, the US, Middle East and Ireland. We also have associate businesses in Saudi Arabia and India.