Legal Intern
Munich RE
Job Description
Job Title Paralegal Grade A Job Family Legal and Governance Department Legal Team and Corporate Office Reporting To General Counsel and Company Secretary About the Role The Legal Department at Great Lakes provides legal advisory and consultancy to the management and all business units to manage legal and regulatory risks and meet Great Lakes’ strategic objectives. The Corporate Office ensures high quality of governance support to the Board of GLLS. The main responsibility of the role is to enhance excellence and the service quality within Great Lakes Legal department in the UK through support in regulatory and legal advice in insurance law and provide support to the Corporate Office in legal, governance and administrative tasks.
Key Responsibilities Contribute to legal and regulatory change tracker with legal updates Assist in corporate governance administration including drafting Board submission Provide support in development, review and negotiating a variety of DUA agreements and other insurance distribution arrangements with third parties and Munich Re Business Units Undertake legal research, developing and maintaining updated legal and contractual documentation and drafting briefing notes and legal research summaries as required; and Assist in coordinating external counsel’s reviews and opinions, if necessary Competencies Business Acumen (we think big): You understand the business’ ambition, your team’s commitments and how your role contributes to this. Plans and aligns (we lead the ‘we’): You plan and prioritise your work to fit with deadlines and longer-term commitments for you and your team and collaborate with others, encouraging diversity of thought. Action oriented (we grow with our clients): You take on new tasks, opportunities and challenges with a keen interest.
You have an appetite to learn and embrace new ways of working in order to improve efficiencies and effectiveness. Self-development (we care and dare): You demonstrate enthusiasm by seeking new ways to grow and be challenged, through both formal and informal development opportunities. Communicating Effectively (we are clear and authentic): You openly listen to the ideas of others, seek regular feedback to develop, consider the best method for communicating and ask for support and advice when unsure.
Key Skills & Experience Essential Ability to communicate, both written and oral, on complex issues in an easily understandable manner to stakeholders Strong interpersonal skills, high degree of personal commitment and competency Analytical, pragmatic thinker and solution orientated Ability to work in large complex projects Desirable Ability to think strategically and take initiative Knowledge of insurance and contract law Qualifications and Educational Requirements Legal graduate with satisfactory grades. Knowledge of English contract law. Fluent business English language.
Thought Leaders You will demonstrate inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture. You will treat your colleagues, sales and business partners fairly and respectfully. Regulatory & Conduct Requirements Satisfying all regulatory reporting requirements in collaboration with the reporting function Liaising with all relevant regulatory bodies in the UK, creating a highly credible reputation and strong, collaborative relationship Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules #J-18808-Ljbffr