Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
The Role
To support the Lloyd’s General Counsel and to provide legal and regulatory advice and support to the Lloyd’s senior management, to Lloyd’s committees, to a range of internal departments within Lloyd’s and to Lloyd’s subsidiaries and overseas offices, including market oversight.
Principal Accountabilities
To be responsible to the Head of the Corporate Team as designated at any time for matters referred to below:
- With support from the Head of the Corporate Team as required, provide expert and strategic legal advice on a wide range of legal matters related to strategic initiatives and other transactional and regulatory matters, identify issues of highest risk and propose/drive solutions to address them and advise on and influence strategic decision making where appropriate.
- With support from the Head of the Corporate Team as required, provide accurate, pragmatic and timely risk-based legal advice on legal issues in relation to Lloyd’s membership, finance (including capital, investment management, tax), regulatory and compliance matters UK and international) [in the case of the Corporate team]
- With support from the Head of the Commercial Team as required, assisting with drafting, negotiating, reviewing and advising on a wide variety of commercial agreements, including but not limited to, services agreements, consultancy contracts, engagement letters, terms and conditions, software licences, maintenance agreements, data transfer agreements, outsourcing agreements, non-disclosure agreements, and providing accurate, pragmatic and timely risk-based legal advice on legal issues in relation to such commercial contracts, and on IT, intellectual property (IP) and data protection matters.
- Identify, monitor and assess legal risks associated with Lloyd’s operations and actively provides proactive and innovative solutions to mitigate those risks.
- Drafts with precision to avoid adverse consequences and exercises good judgment in negotiation of contracts and giving advice.
- Uses knowledge and pragmatism to identify when to involve other business areas.
- Is open to change and adapts and responds positively to it and is willing to challenge and to seek out new opportunities.
- Effectively manages and communicates with clients/stakeholders on individual workstreams and projects. Communicates, explains and presents complex legal or business information and consequences of decisions in a simple and accessible way.
- Effectively plans and prioritises workloads.
- Effectively communicates progress of ongoing matters at regular intervals to clients and to the respective Head and, as appropriate, the General Counsel.
- With agreement and support from the relevant Head, instruct and manage outside firms of solicitors and other external advisers where appropriate.
Skills
- Commercial awareness & an ability to provide clear advice to meet the business objectives.
- Negotiation Skills
- Effective Stakeholder Management and Collaborative Skills
- Legal Research Skills
- Analytical ability
- Strategic thinking and analysis
- Drafting skills
- Ability to communicate effectively at all levels
- Team-player but ability to manage own workload
- Flexible approach
- Articulate, honest and authoritative in finding the right style and words to influence, challenge or motivate others.
- Inquisitive and testing, asks the right questions in the correct circumstances and then (if appropriate) acts on that information.
- Prepared to be the bearer of unwelcome or uncomfortable news with clarity and to seek to find solutions.
- Ability to create and deliver clear and concise written or verbal reports and to advise others on doing so.
Knowledge
- Good understanding of the legal aspects which apply to the work of the specific Legal team(s) the role holder will support (including insurance law, trust law, contract law, competition law, agency law; banking and finance law, regulatory law and Lloyd’s byelaws and requirements in the case of the Corporate Team and data protection law, IP law, company/commercial law, contract law, agency law, trust law, regulatory law and Lloyd’s byelaws and requirements in the case of the Commercial Team).
Experience
- Experience of providing risk based legal advice on a wide variety of commercial, corporate and regulatory matters
- Experience of working with a range of internal and external stakeholders.
- Experience of managing cross-directorate and multi-stakeholder matters and projects.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancy
