Legal Counsel

Were recruiting a Legal Counsel to support the Institutional Retirement legal team in providing first class legal and governance advice. The role holder will be part of the Institutional Retirement legal team which is a close knit team comprising 9 lawyers. The team delivers corporate transactions (pension risk transfer (PRT) and reinsurance) ranging from up to 100m to 5bn plus as well as a wide variety of post transaction and general advisory support. The transactions we write are often novel and complex and Legal & General is at the forefront of this busy and growing market that in aggregate wrote c45-50bn of transactions in 2024. Transactional experience and interest and enthusiasm for learning new things and delivering deals is essential. Knowledge of the PRT/reinsurance market and regulatory environment in relation to it is useful but not a pre-requisite all training will be provided.

What youll be doing:

• Structuring negotiation execution and management of transactions from small (sub 100m) to our mega deals (5bn plus) taking responsibility for transaction documents including term sheets and other early stage documentation and long-form documentation with assistance from external counsel where required
• Providing day-to-day support to the business in relation to general advisory matters for existing transactions including support for ad hoc requests on transactions. As noted knowledge of PRT/reinsurance is useful but not a pre-requisite
• Providing governance support to Legal & General Group Plc and Group subsidiary companies with respect to transactions including ensuring legal risks are appropriately reported
• Working collaboratively with the relevant internal stakeholders including company secretarial finance/accounting tax treasury risk and board support in order to ensure a joined up approach on transactions and so that the strategic and commercial objectives of the Group are achieved
• Managing external counsel key stakeholders and other third parties and to ensure business costs are kept to a minimum and manage external legal advice to ensure sound and commercially useful advice is provided to the business
• Supporting the on-going development of L&G standard form documentation co-ordinating with external counsel and internal advisory functions for ongoing legal education and training

Qualifications :

Who were looking for:

• Experience in advising on and negotiating executing and managing a range of transactions is essential as well as enthusiasm for new and novel transactions
• Ability to provide clear commercially focussed advice to meet business objectives
• Able to identify potential problems escalating where necessary and contribute to identification of solutions
• Experiences in summarising complex issues in simple easy to understand terms
• Knowledge and understanding of the legal and regulatory requirements for a major financial services group and an understanding of the general business and financial services environment and regulatory business requirements and its impact on the Legal & General Groups strategy would be helpful but is not a pre-requisite. All training will be provided
• Approximately four years of post-qualification experience though strong candidates with slightly less experience will also be considered.
• 2.1 or above degree from a UK university (or a similar level of qualification gained from a non-UK university)

Whatever your role we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual performance -related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday plus public holidays 26 days after 2 years service. Theres also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• There are the many discounts we offer both for our own products and at a range of high street stores and online
• In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information :

At L&G we believe its possible to generate positive returns today while helping to build a better future for all. 

If you join us youll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time term-time and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can. 

It doesnt matter if you dont meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths potential and connection to our purpose. 

Remote Work :

No

Employment Type :

Full-time