Legal Counsel

Location

Munich, Germany

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

11333

Company

Great Lakes Insurance SE

Employment type

Regular

Area of expertise

Audit, Compliance & Legal

As a specialty provider of primary insurance services Great Lakes Insurance SE (GLISE) with its branches in the UK, Australia, Switzerland, Italy and Ireland and its newly founded subsidiary in the UK, is an integral part of Munich Re Group and an important enabler for Specialty Insurance Business (GSI – Global Specialty Insurance) closely connected to Munich Re's reinsurance core business.

Your Job

• Independent legal advice in all areas in accordance with the responsibilities of the Great Lakes Legal Department, in particular general civil law, litigation & arbitration, insurance contract law, insurance distribution law, insurance supervisory law and on all aspects of consumer protection and in relation to all related business opportunities
• Support a team of legal counsels in Germany and the UK in their tasks, support them from a technical standpoint and actively share knowledge
• Develop, review and negotiate a variety of distribution and agency agreements as well as insurance contracts and related documentation
• Legal support for the business throughout all stages of the business lifecycle, from onboarding to offboarding our agents
• Collaborate in global teams with international colleagues
• Cooperate closely with the Regulatory Office and the Compliance team and with relevant stakeholders at Munich Re Group
• Take responsibility for trainings and other knowledge exchange activities to agency business managers and other relevant Great Lakes staff to improve their understanding of wording, coverage as well as general legal, regulatory and licensing issues. Development and training of non-senior team members in the Legal and Compliance teams

Your Profile

• Above-average legal qualification (German state examinations preferentially with distinctions or UK/US equivalent)
• Admission as "Syndikusanwalt" or "Rechtsanwalt"
• Several years of primary insurance/distribution law experience preferable within a primary insurance company
• Thought leader
• Strong contract drafting and negotiation skills
• Proven knowledge of the primary insurance regulatory environment
• Interest in the wider business environment and technical issues
• Analytical, pragmatic thinker and solution orientated
• Ability to work in large complex projects
• Ability to communicate complex issues in an easily understandable manner
• Exceptional communication and team working skills
• High degree of personal commitment and intercultural competence
• Willingness for regular business trips, in particular to GLISE's London branch
• Fluency in German and English; any other languages are beneficial

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That's why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements.

• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

• Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft

Vesselina Markova
• HR Consultant

Königinstraße 107
• 80802 München
• GERMANY

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.