Associate Legal Counsel

Job Description - Associate Legal Counsel ()

Job Description

Associate Legal Counsel ( Job Number:
)

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Associate Legal Counsel

London, UK

As Associate 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. You will support the UK &
Lloyd's business. You will be operating in an exciting and dynamic environment with opportunities to learn about and support the business, working collaboratively with the established legal team as well as various stakeholders across the business, both in the UK and overseas.

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What will your essential responsibilities include?

Generally, working with underwriters and various business functions including distribution, delegated underwriting management, compliance, conduct and operations, collaborating with UK and international members of the AXA XL legal team on projects, queries, and continuous improvement across Company and Lloyd's markets;

Focussing on issues arising out of delegated underwriting and delegated claims, and distribution. Also providing wider legal advice and support;

Helping to review and develop arrangements with Irish domiciled internal Service Company. Providing support in relation to outsourcing, in connection with the Service Company and more generally;

Assisting AXA XL's distribution teams in ensuring compliant distribution models with AXA XL's broking partners in a dynamic and fast moving environment often at the forefront of change - considering feasibility of new and novel ways to distribute business and helping to find solutions;

Helping resolvechallenges and disputes with distribution partners where they arise, for instance around potential breach of delegated underwriting authority, mishandling of claims by delegated partners, regulatory issues;

Reviewing various insurance related documents and developing and supporting the ongoing use of document templates, working collaboratively with teams across the business to ensure stakeholder interests are understood and addressed. Covering Claims Administrator Agreements, Broker Service Agreements, TOBAs and various other Service Agreements including for new and novel services;

Collaborating with the business to help support and develop 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;

Horizon scanning for future areas of challenge or change within the insurance regulatory and legal framework as well as the insurance industry generally, working collaboratively to identify and consider approaches to address such challenge or change;

Advising underwriters on underwriting matters, often with short turnaround times. Regular face to face exposure with underwriting teams, considering issues such as policy terms, legal risks and business terms of various deals;

Assisting with various projects and deadlines, working collaboratively with the legal team and wider business as required;

Providing training to the company and its affiliates on legal and regulatory topics, contributing to addressing training and development needs for the business and enhancing legal support;

Participating on internal committees as legal representative, gaining the opportunity to engage with various business functions and understand key aspects of how the business operates, providing legal support as required;

Various BAU responsibilities including supporting the review of NDAs and other common insurance agreements and endorsements, as well as legal review of documents produced by the marketing team.

You will report to Head of Legal - Delegated and Distribution (UK &
Lloyd's).

We'relooking for someone who has these abilities and skills:

Required Skills and Abilities:

Legal qualifications essential - ideally Law degree and qualified Solicitor or similar;

Proven post qualification legal work experience in a relevant field, insurance focus prefereable;

Excellent written and collaborative communication;

Able to communicate effectively with internal and external stakeholders;

Ability to workin an international, multicultural environment within financial services;

An ability to work independently and on own initiative whilst being part of a wider team, bringing energy and enthusiasm to collaborative working;

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 comprehensive 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.

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It's about helping one another - and our business - to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
• Robust support for Flexible Working Arrangements
• Enhanced family friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "
Roots of resilience"
, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

• Valuing nature:
  How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change:
  The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG:
  All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action :
  We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "
  Hearts in Action"
  programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see

AXA XL is an Equal Opportunity Employer.

Location

Location :
GB-GB-London Work Locations :
GB London 20 Gracechurch Street 20 Gracechurch Street London London EC3V 0BG

Job Field

Job Field :
Legal

Schedule

Schedule :
Full-time

Job Type

Job Type :
Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.