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.

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