£80,000 - 100,000
Commercial/ Regulatory Insurance Associate/ Senior Associate - City of London - Private Practice
Top Tier, National, law firm is actively seeking to recruit a talented and ambitious Associate Solicitor due to continued expansion.
Standout insurance-focussed practice that combines corporate and transactional expertise with
in-depth industry knowledge and market-leading insurance commercial and regulatory advice.
One of the largest dedicated non-contentious insurance teams in the market. Work is at the cutting edge - in addition to day-to-day commercial and regulatory advice, insurers, reinsurers and intermediaries rely on us for guidance on key regulatory issues, such as business and capital structuring, operational resilience and ESG matters. The firm's clients range from some of the world's largest insurers to innovative insurtech start-ups but our approach remains the same: to provide clear, commercial and practical commercial, regulatory and transactional advice and solutions for our clients.
The highly rated Insurance Commercial, Regulatory and Transactions team sits in our Corporate group and is at the heart of our wider cross-firm insurance sector, regulatory and technology pillars. The team advises insurance sector clients on a broad range of commercial, regulatory and transactional matters, working on many exciting and cutting-edge advisory mandates, commercial deals and transactions.
The team is widely seen as one of the very best in the market. The quality of work is second to none. We are looking for team members who are keen to work on mandates involving the highest profile clients but who wish to handle market-notable work in a supportive, collaborative, focussed, environment.
The role involves supporting an exciting range of insurance sector clients, including:
UK and international (re)insurers (general insurance and life)
Insurance brokers and MGAs
Insurance sector start-ups and Insurtechs
Private equity and other investors into the insurance sector
The firm is looking to hire two associates, one at around 2-4 PQE and another at around 4-6 PQE.
You will have solid experience in the (re)insurance sector and a commercial approach to negotiations, resolving issues, together with experience across some/ all of the following:
· Insurance focussed commercial matters, including insurance distribution and administration arrangements such as delegated authorities, TOBAs, appointed representative, introducer, affinity and claims handling/third party administration agreements
· Regulatory advisory mandates, including advice to insurance sector clients on the application of the FCA and PRA rules and Lloyd's requirements
· Reinsurance agreements
· Policy wordings
· Part VII insurance business transfers
· Regulatory and internal investigations and reviews
· Structuring transactions, business structures and commercial arrangements
· Insurance Linked Securities
You will typically have an opportunity to work on a selection of the above as well as providing insurance regulatory support to our market-leading corporate insurance transactions team. Candidates with a mix of insurance-focussed commercial, regulatory and transactional experience will be of particular interest. They are also interested to speak with candidates looking for greater variety and/or looking to develop in a particular area.
- Tier 1 firm
- Highly competitive salary structure
- Attractive benefits package
- First class training and career development programme
To apply for this position, please contact Richard Coward at BCL Legal