Role Description

Join the Commercial Lines Legal team at Allianz as a Legal Counsel, where you will play a key role in managing legal risk and providing commercially focused legal advice to support the business. This is an excellent opportunity to work on complex insurance distribution, regulatory and commercial matters while building strong relationships across Allianz UK and contributing to strategic business objectives.

This role will ideally be based in our London office however we are willing to consider other locations for suitable candidates. This is a hybrid working role with the expectation that you attend your home office 2 days per week, however, please note that you will also be required to occasionally attend the London office.

Salary Information

This role offers a salary in the region of £75,000 to £125,000 per annum with the final salary offer determined by your experience, skills and location. Salary is only one part of our total reward package.

About You

Provide legal and regulatory advice to support Allianz UK and its Commercial Lines business.
Identify, manage and report legal and regulatory risks in a timely and effective manner.
Draft, review and negotiate a wide range of commercial and insurance distribution agreements.
Support broker distribution arrangements, remuneration agreements and strategic commercial partnerships.
Advise on regulatory requirements including FCA and PRA rules and wider financial services legislation.
Work collaboratively with colleagues across Legal & Corporate Governance and other assurance functions.
Support negotiations with brokers, business partners and other external stakeholders.
Represent the Legal team on management forums, projects and business initiatives.
Instruct and manage external legal advisers where appropriate, ensuring high quality and cost-effective advice.
Contribute to the development of legal awareness across the business by providing guidance, training and practical risk mitigation solutions.
Ensure legal agreements, advice and supporting documentation are accurate, clear and enforceable.
Maintain up-to-date legal, regulatory and commercial knowledge relevant to Allianz's business activities.

Essential Skills

Qualified solicitor or barrister.
Strong knowledge of financial services legislation and regulation, particularly within insurance and reinsurance.
Strong understanding of emerging legal and regulatory developments impacting the insurance sector.
Experience drafting, reviewing and negotiating complex commercial contracts and legal agreements.
Knowledge of FCA and PRA regulatory frameworks, including Consumer Duty, ICOBS, PROD, CASS, SUP and SYSC requirements.
Experience advising on insurance distribution arrangements such as TOBAs, delegated authority agreements, appointed representative agreements, MGA arrangements and co-manufacturing agreements.
Understanding of broker remuneration models, broker service agreements and panel arrangements.
Knowledge of data protection, competition law, intellectual property, confidentiality and agency law principles.
Excellent stakeholder management, communication and relationship-building skills.
Strong negotiation and influencing skills with the ability to balance legal risk and commercial objectives.
Ability to manage a varied workload spanning operational and strategic legal matters.
Experience managing external legal advisers and associated legal spend.
Commercially minded with the ability to provide pragmatic, business-focused legal advice.

Desirable Skills

Experience working within an in-house legal team in financial services or insurance.
Knowledge of reinsurance arrangements and supporting contractual frameworks.
Experience supporting strategic business transformation and change programmes.
Experience presenting legal advice to senior stakeholders, committees and governance forums.
Responsible Artificial Intelligence usage and awareness of legal considerations relating to AI technologies.

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

• Flexible buy/sell holiday options

• Hybrid working

• Annual performance related bonus

• Contributory pension scheme

• Development days

• A discount up to 50% on a range of insurance products including car, home and pet

• Retail discounts

• Volunteering days

Our Ways of Working

Do you need flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.

Inclusive Support & Accessibility

At Allianz, we are committed to fostering building an inclusive, accessible workplace where everyone can thrive. As a Disability Confident employer, we welcome applications from disabled and neurodivergent candidates and offer tailored adjustments throughout the recruitment process and in the workplace, whether that’s assistive technology, ergonomic equipment, flexible working arrangements, mentoring or coaching. We want to encourage candidates to speak with us about any adjustments they may need. We’re here to support you.

If you have a disability or long term health condition and meet the essential criteria, you can choose to be considered through our Offer an Interview Scheme.

Contact our Resourcing team to opt into this scheme or for any assistance with during the recruitment process including larger text, hard copies, or spoken applications. Hr-recruitment@allianz.co.uk

For any inquiries or to submit your application, please contact: Conor McCourt

Closing date August 12th 2026

We reserve the right to close the advert early if we reach enough applications

Join us - Let’s Care for Tomorrow.

#LI-Hybrid

1 Job for Fca And Pra Regulations in the United Kingdom

Legal Counsel