2 weeks ago Be among the first 25 applicantsGet AI-powered advice on this job and more exclusive features.Looking for your next opportunity in Insurance?360 Underwriting Solutions is in a considerable phase of growth and is excited to be offering a Senior Legal Counsel role based in the thriving Sydney CBD Barangaroo precinct.The successful applicant will be rewarded with a chance to join a high-performing, dynamic and supportive working culture with a competitive salary package, in our newly opened, 5-star harbour view office spaces.About the RoleThis role is key in supporting the Business to ensure its risk and compliance obligations are met. It involves providing expert legal and compliance advice on financial services legislation relevant to general insurance and distribution.Key Responsibilities:Providing advice on financial services legislation (including the Corporations Act, ASIC Act, Insurance Contracts Act) relevant to general insurance and insurance distribution.Drafting and advising on disclosure documents (PDSs, policy wordings, FSGs), client letters, marketing collateral.Drafting, reviewing and negotiating commercial contracts including supplier agreements, software agreements, outsourcing arrangements, NDAs, internal policies, distribution agreements, insurance binders, broker TOBAs, claims management agreements, and other contracts.Supporting the Compliance team with breach assessments, regulatory reporting, and complaints management.Updating the business on relevant regulatory developments and supporting training and education on obligations.Assisting with M&A activities.Supporting Company Secretarial activities.The list above is not exhaustive, and duties may evolve to meet company objectives. Fulfill other duties as requested by management.Successful Candidate Will HaveBachelor of Laws and Graduate Diploma of Legal Practice or equivalent.Qualified legal practitioner of the Supreme Court of an Australian State or Territory.At least 8 years experience as a solicitor, with a mix of private practice and in-house legal work in financial services, working with large insurers, banks, or underwriting agencies.General corporate and commercial experience is desirable.Solid understanding of Chapter 7 of the Corporations Act 2001 and Regulations.Knowledge of APRA and ASIC obligations relating to insurance product distribution.About 360 Underwriting SolutionsFounded in 2017, 360 Underwriting Solutions specializes in providing insurance solutions for the broker market. Partnered with AUB Group Limited since 2020, it has grown to a multi-line agency with 258 staff across Australia and New Zealand, emphasizing people and relationships as key to its success.Our DifferentiatorsOwner Driver Model: Market-leading service and accountability.Market Facing Underwriting Authority: Autonomy for underwriters to work directly with capacity.Group Services Model: Building and maintaining a reputable market presence.Claims Advocacy: Dedicated to efficient and excellent claims settlements.Company CultureWe value our people, fostering genuine connections, work-life balance, and development opportunities, making us an employer of choice.Face-to-face collaboration to build relationships.Recognition of work-life balance.Annual awards to celebrate excellence.Investment in People Development programs.Apply NowFor questions, contact us at hr@360uw.com.auJoin us in the growth of 360 Underwriting Solutions! #J-18808-Ljbffr
Job Title
Senior Legal Counsel