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General Counsel, UK

Location London, United Kingdom Job type Full-Time Work mode Hybrid Job level Management & Leadership Job ID 13506 Company Munich Re Specialty - Global Markets Employment type Regular Area of expertise Audit, Compliance & Legal
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About us

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.  

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.  

Please see our website for more information.

General Counsel

Establish, design and model UK-wide legal team as shared service for the UK based business operations based on the Target Operating Model agreed by the Board of Management.

In addition, lead and manage the Legal function for the MRS-GM business as trusted legal business partner and advise on all legal issues within the MRS-GM group of businesses.

Responsibilities:

  • Form and shape UK-wide legal team based on the business partner principles ensuring high quality functional legal excellence to be supplied to all local lines of business in accordance with highest professional standards.
  • Focus topical expertise in centres of excellence in order to avoid duplication of resources.
  • Ensure clear accountabilities and decision rights of Legal Business Partners and simultaneously foster a culture of collaboration and cross-departmental exchange and representation.
  • Coach and develop individual legal business partners to enable them to assume full accountability for their areas of accountability and enable individual functional growth.
  • Ensure standard best legal practices for comparable topics across UK lines of business.
  • Carefully manage and challenge outside counsel spending.
  • Strive for smart governance taking a lean and proportionate approach.

In addition, the role will act as operational Legal Business Partner for MRS-GM:

  • Ensure and provide state-of-the-art legal advice to all UK based legal entities of MRS-GM, in particular also including its Lloyd’s Syndicate, and work with stakeholders accordingly.
  • Collaborate with other regional Munich Re legal resources and delegate to them legal topics that affect countries outside the UK.
  • Review on a continuous basis, in collaboration with the business, legal support to ensure it meets the emerging needs of MRS-GM and supports the growth of primary specialty business.
  • Oversee provision of wordings advice to entities within MRS-GM and co-ordinate legal and wordings interaction with Corporate Underwriting in order to ensure processes are consistent with MR Group.
  • Manage legal advice in relation to outsourcing contracts both intra-group and externally.
  • Manage interaction with and work with the Claims function to facilitate oversight of litigation reporting within GSI4.
  • Support implementation of the Legal, Risk and Compliance Target Operating Model.

Knowledge and Skills

  • English Law qualified solicitor
  • Current Practising Certificate
  • Senior lawyer with extensive professional experience acquired in private practice and/or in-house, preferably within the insurance industry.
  • Proven track record of ability to effectively and efficiently manage and drive to completion complex legal matters.
  • Understanding of business strategy and the work of the other departments within the organisation.
  • Good motivational and personnel management skills.
  • Negotiation skills

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Diversity, Equity & Inclusion

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Learning and innovating today, striving for sustainable societies and business tomorrow

At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Learn more about sustainability at Munich Re – choose your impact!

#BePresent #BeBold #BeCurious

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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