Legal Counsel, Regional Unit London

Allianz Global Corporate & Specialty

Based in London and reporting to the Regional Head Legal & Compliance, you will provide legal and compliance support to AGCS management and other functions for AGCS Regional Unit London (incl. Nordics) and for AGCS Global Legal / Compliance.

In this role you will.....~crlf~##Provide legal support of the underwriting area (all lines of business) with a focus on relevant insurance contract law (incl. review and preparation of insurance law wordings, build up in-house knowledge on insurance and general contract law and share across the business)~crlf~##Provide legal support of all other departments, as required, to include contract negotiation and general commercial law issues including 3rd parties contracts involving IT and general service contracts and data requirements (GDPR) and NDAs~crlf~##Provide compliance support for designated activities of Compliance RUL Region~crlf~##Assist in drafting and updating local regulatory documentation in support of the ongoing AGCS UK Branch regulatory status (including Brexit process) ~crlf~##Assist in day to day queries from underwriting and claims relating to AGCS' insurance authorities/licenses worldwide~crlf~##Participate in the Global Practice Group activities on Economic sanctions as a legal expert~crlf~##Provide training and sign offs as a second level support of the Global Sanctions team~crlf~##Participate in other expert groups of AGCS Legal / Compliance as directed from time to time~crlf~##Contribute to legal and regulatory change monitoring in the Regional Unit London Region in a risk-based manner in line with regulatory & AGCS internal requirements~crlf~##Coordinate the use of external law firms and reduce the amount of fees spent on those mandates while increasing or maintaining the level of quality~crlf~

##You will be a qualified Solicitor or Barrister~crlf~##You will have at least 3 years’ experience working in a leading law firm with a strong insurance pratice and/or in a Legal and Compliance department in the insurance industry~crlf~##You will have comprehensive practical experience in insurance contract law with knowledge of the Country market~crlf~##It is essential to have a strong appreciation of risks and controls applicable to insurance business and ideally a good understanding of large risks insurance~crlf~##You will be able to build and maintain relationships across various lines of business and with external cooperation partners~crlf~##You will be familiar with applicable regulatory and compliance regime of UK-based insurance undertaking~crlf~##You will demonstrate negotiation skills and contract drafting experience~crlf~##You will demonstrate strong business acumen and client service mentality with ability to build and maintain relationships across various lines of business and with external cooperation partners~crlf~##You will be able to work towards high standards with a minimum of guidance, and to take initiative and resolve problems~crlf~

At Allianz Global Corporate & Specialty (AGCS) we offer the opportunity to work in a dynamic environment with global challenges at the world’s leading P&C insurer. ~crlf~ ~crlf~Did you know Allianz insures more than half of the Fortune Global 500® companies, or that AGCS insures major movie productions, cyber security threats, and that we are the leading specialist in satellite and space insurance?~crlf~ ~crlf~We have offices in 29 countries and with our extensive Allianz and partner network we help customers in more than 160 countries worldwide. ~crlf~ ~crlf~At AGCS UK we are not only impressive for our clients, but also for our employees as we offer the following generous benefits:~crlf~ ~crlf~-Flexible buy/sell holiday options~crlf~-Bupa private medical insurance~crlf~-Generous pension contributions~crlf~-Enhanced paid maternity, paternity, shared parental leave~crlf~-Sabbaticals~crlf~-Flexible working options~crlf~-Subsidized on-site massages~crlf~-Employee stock purchase plan for Allianz shares~crlf~-Education / study sponsorship~crlf~-Global mobility within AGCS and the wider Allianz Group ~crlf~ ~crlf~…and many more individual flexible benefits to choose from. We pride ourselves on our approach to wellbeing and provide regular seminars, activities, and events devoted towards the overall health of our employees.~crlf~ ~crlf~We are looking for talented individuals who are passionate about what they do – come and find out why AGCS is the place for you!

Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 100 million private and corporate customers and more than 147,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.~crlf~Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.~crlf~For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.~crlf~~crlf~


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