Legal Counsel (Insurance)

The UK Insurance Legal Counsel will be part of Wakam Legal Partnerships Team.

The UK Insurance Legal Counsel's scope will notably include the design and/or review of proposed insurance distribution structures, the negotiation of insurance related contracts with both Wakam BtoB clients (insurance distributors - MGAs -, insurtechs, non-insurance-specialists) and BPOs, primarily in the UK, but also across continental European territories where Wakam operates.

The UK Insurance Legal Counsel's mission will also consist of leading on contract reviews and negotiation for Wakam UK business opportunities, and a key contributor for the definition and implementation of legal processes and best practices in relation to Wakam UK (e.g., supervise and review the creation and update of templates of agreements for UK, contribute to the improvement of the Legal Partnerships Team's processes and tools, raise awareness about UK legal/regulatory items to non-expert people…).

The UK Insurance Legal Counsel will also work among the other members of Wakam Legal Partnerships Team and contribute to the team activities regarding Pan-European legal topics.

Main tasks and responsibilities will notably include:

• Managing & leading a wide range of material and/or complex legal, regulatory & contractual matters and deals (including drafting and negotiating agreements, structuring compliant distribution partnerships, and advising on UK legislation and regulation)


• Building and maintaining relationships with, supporting, and reporting and updating key business stakeholders on legal and regulatory matters; understanding the business strategy and tactical priorities


• Translating business decisions into a legal documentation


• Applying a risk based, creative and solution driven approach, while ensuring maximum legal and reputational protection for Wakam


• Assisting with the drive for consistency and efficiency across UK and potentially EU by seeking out & sharing expertise and experiences, information, learnings, knowhow and experiences with colleagues and the business, Wakam is not based on a hierarchy but on a methodology where everyone finds their role and knows their objectives.


• With a flat hierarchical system and a highly collaborative operating model, Wakam is an extremely agile and transparent company.


• Every last Friday of the month, it's Free.day @Wakam, a day without meetings to take a step aside and dedicate ourselves to skills sponsorship or other activities (because we are curious, I remind you).


• Full-remote is a reality at Wakam (there is even one Wakamee who works from his sailing boat ) with our Wakam From Anywhere (WFA) program. Last but not least : we are nice and we have fun! (you'll find out by yourself


• )
  
  UK legal qualification (permission to practise as a solicitor in the UK being a plus)


• High standards knowledge in UK insurance law and contracts drafting and negotiation


• Minimum 4 to 7-years-experience required, including a proven experience in-house (UK insurer, broker, or MGA) and/or in law firm(s) (preferably insurance practice)


• Ability to work in an international and culturally diverse environment


• Strong oral and written communications skills and a good sense of diplomacy


• Ability to leverage deep legal expertise to provide business-oriented recommendations in a heavily regulated environment


• Fluency in English is essential (Fluency in French and/or another European language is a strong asset)


Inter-relational skills

• Acting as a real team player with autonomy, strong inter-personal skills and with the ability and confidence to influence others


• Being highly competent in working in a fast paced and dynamic environment, and in managing competing priorities in a busy and often high-pressured environment


• Explaining concisely complex legal topics and their relevance to non-legal people including management and operational teams, Positive energy, agility, and team spirit are essential to support Wakam in its hyper-growth!


You have the Wakam mindset? Join us!

Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 150 distribution partners. We provide most of our insurance products through API, and hosts white label insurance solutions via our Play&Plug technology platform.

With a footprint spanning 32 countries and revenue of more than €900 million in 2023, mostly generated outside France, Wakam is the European leader in digital and embedded insurance.

Strongly committed to social responsibility, Wakam is a mission-driven company dedicated to "enabling transparent and impactful insurance".

Wakam is a B2B2C Tech insurer that designs white label insurance products for its partners (Insurtechs, traditional insurance brokers, retail players, neo-banks, airlines companies, etc.).
Our insurance products have the particularity of being embedded in the products or services offered to the end-customer (for example, you take a self-service e-scooter , you are automatically insured).Wakam is present in 30 European countries (bonus point if you're able to list them during the interview!). In 2020, we made 58% of our turnover outside France.
We move to a more inclusive and multicultural working environment that's why we are recruiting future Wakamees who master the English language.At Wakam we believe in the formula "for-profit & for good". Since March 2021, we are a Mission-driven company, which means that our mission statement 'Enabling transparent and impactful insurance' is written in black and white in our bylaws.