Insurance - Commercial/Technology - Associate/Senior Associate

Stevens And Bolton

Guildford

JOB DETAILS
LOCATION
Guildford
POSTED
30+ days ago

Description

PQE:3 years +
Term:Permanent
Working hours:Full time/Part time
Practice area:Commercial
Location:Guildford
The Role

We are looking for a great lawyer to join our renowned commercial/insurance practice.  This is a fantastic opportunity to work as part of a highly professional team, advising and assisting on a wide variety of high quality, commercial law projects within the insurance sector.

We recognise that our lawyers value the ability to work flexibly - we have agile working policies to facilitate flexible working and we are happy to consider both full time working and candidates seeking 4 days per week.

What will you be doing?

You will primarily be advising insurers, brokers, MGAs, MGUs, service providers to the insurance industry and policyholders on transactional commercial and technology law matters as well as on data privacy.

You can expect to carry out work for an impressive array of clients, including well-known insurance brands and new entrants.  The role will involve advising our insurance sector clients on product distribution arrangements, including TOBAs, distribution agreements and affinity/corporate partnerships; appointed representative arrangements; technology and business process outsourcings (including material outsourcings); policy administration agreements; commercial/technology joint ventures; InsurTech arrangements; and online trading matters.  Whilst this is not a regulatory role, an understanding of the financial services regime as it applies to the above commercial arrangements would be an advantage. 

Data protection is also a key aspect of our work, and experience of its application in the insurance sector would be useful.   

The firm is very active in insurance related M&A and you will therefore also provide technical support to the corporate team, particularly in relation to broker asset purchases. 

Insurance work at S&B

Insurance work is a key priority for Stevens & Bolton and, as such, the role offers an opportunity to be actively involved in firm-wide business development and to contribute to our strategy for further growth of the commercial law insurance practice.

Representative recent matters include advising:

  • a large UK-based insurance broker network on its TOBAs and commercial arrangements with insurers and underwriters
  • an insurance business on its commercial broking platform arrangements
  • a global life insurance business on its platform and app-related product distribution arrangements
  • a large global insurer on a key complaints handling agreement
  • an insurance technology provider on the development and provision of its policy administration system to one of the UK’s largest insurers
  • an InsurTech business on the role out of its product to a large UK-headquartered insurance company
  • a Lloyd’s MGA on the outsourcing of its back-office functions
  • a Lloyd’s MGU on its agreement with a large UK intermediary group
  • a multinational insurance group on cross-border flows of personal data within its business
Qualifications and Experience

We are looking for a strong team player with good inter-personal skills, good academics and high quality relevant experience.  You will need a commercial approach and excellent technical, communication and negotiation skills.

The Firm

Stevens & Bolton – making a positive difference to your career

Stevens & Bolton is a UK law firm with over 200 staff. Of those around 150 are lawyers, approximately a third of them partners, many of whom chose to join us from City law firms. Our office is based in Guildford and our staff work from here and also flexibly.

We’ve made excellence the hallmark of our firm: in the clear advice we give, in the enduring client relationships we build and in our proactive and highly responsive service.  We seek to recruit people who will help us maintain and build on this, and in return we offer excellent long-term career and development opportunities.

You’ll work with people who listen, and who actively and willingly support one another within a collaborative and engaging environment.  We genuinely care about our people and strive to build and maintain a diverse, inclusive and happy workforce.

Our vision is to be one of the UK’s most successful law firms, offering excellence beyond the city, a supportive culture and the best client experience. Always making a positive difference. We were proud to be named Law Firm of the Year: The Independents at The Lawyer Awards 2020.