Pinsent Masons
Insurance lawyer
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Job Description
Insurance Lawyer – at least 2 years PQE
Location
Edinburgh or London
Contract
Permanent
Brief
We are looking to recruit a non-contentious lawyer with insurance and related regulatory experience to join the firm's growing Insurance team in either Edinburgh or London where they will work closely with the firm’s established City practice [ranked as Tier 2 by Legal 500]. We would be interested in hearing from qualified lawyers of all seniorities, but ideally those with upwards of 2 years PQE.
Background
The Insurance team consists of 20 lawyers who focus on both contentious and non-contentious work (the split being roughly 50/50). The Insurance team sits within our wider Regulation, Insurance and Funds team. It also works closely with our Corporate Financial Services team, providing opportunities for close collaboration and cross team/firm working. The Insurance team's primary clients are leading global insurers such as those below as well as other London market entities, life companies and friendly societies, Lloyd's Syndicates, and international insurers with businesses in the UK. Particular highlights are the team's strength of key insurer client relationships and the strategic partnership / bancassurance projects borne out of those relationships. The team is also called upon to advise non-insurer firm clients on insurance related issues.
Clients include major global and UK insurance businesses like Allianz, Aviva, AXA, Bupa, Chesnara, Direct Line (now part of Aviva), Intact, Phoenix, Royal London, Scottish Friendly, Wesleyan and Zurich. We also act for a number of broker groups and leading brand retail distributors.
The work will be both transactional and advisory, based around:
- strategic partnership / bancassurance arrangements
- drafting and negotiating distribution and outsourcing agreements
- advising on retail and commercial product development
- FCA and PRA regulatory issues (including investigations and enhanced supervision projects)
- drafting and advising on regulatory issues (e.g. permitted links) relating to insurer investment arrangements
- cross-border regulatory perimeter issues
- reinsurance agreements (including captive programmes and supporting our Pension De-Risking Team)
- insurance business transfers (including by way of renewal rights)
- insurance sector M&A
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The candidate will ideally have experience and exposure to some of these practice areas. The successful candidate should be able to be flexible in terms of undertaking similar tasks in relation to general insurance and life/wealth insurance products. There will be a need to liaise with other teams such as Corporate with which there will be some overlap on business transfers and M&A matters.
The Candidate Required
The successful candidate will be a qualified lawyer, ideally with upwards of 2 years PQE. They must be technically excellent but, equally important, commercially aware and enthusiastic about business development. They will be a team player with a strong client-focussed approach. They will also have excellent communication and organisational skills.
About The Firm
Pinsent Masons is a global 100 law firm, with over 3,800 employees operating out of 28 locations across Europe, Asia Pacific, Africa and the Middle East. We have a long-standing reputation for delivering high-quality legal advice rooted in a deep understanding of the sectors and geographies in which our clients operate. Our global reach ensures that we are well-placed to advise on complex multi-jurisdictional matters across a full range of legal disciplines.
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Awards
We’re being recognised equally by commentators and other market movers through a plethora of awards spanning every region and culminating in being named law firm of the year by Legal Business, the FT’s most innovative law firm in Europe (for the third time in eight years), winning their sustainability award in Asia Pacific and being ranked as Thomson Reuters’ leading legal brand in their UK index.
We have been recognised as by Stonewall as a Top Global Employer. Recognising that we are a leading employer in advancing LGBT+ inclusion. Pinsent Masons is recognised as a 'Top Ten Employer for Working Families in 2023' for the seventh consecutive year. We are accredited as a Disability Confident Employer by the Department for Work & Pensions and we were the first law firm to sign up the global Valuable 500.
Please click here to view full list of our global awards and nominations - www.pinsentmasons.com/accolades
Please note we only accept applications made via our recruitment portal. Should you require further details, please contact our in-house Lateral Recruitment Advisor Steffy Lam who can discuss the role and requirements.
Contact details
https://www.linkedin.com/in/steffy-lam-715241238/
At Pinsent Masons we value diversity and inclusion. We are committed to creating a better workplace where all our talent can succeed and feel like they belong. We want to attract, retain and develop people at all levels and encourage applications from all suitably qualified candidates whatever your ethnicity, religion, age, physical or mental disability/ long term condition, sexual orientation, gender identity or expression or any other characteristics protected by local law in the jurisdictions in which we operate.
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