About the Role
This role supports the Legal function in managing legal risk from engaging vendors, consultants, and outsourced service providers. It involves contract review, negotiation, regulatory scanning, and managing legal templates and playbooks to ensure business contracts are on risk-calibrated terms and ahead of regulatory developments.
Responsibilities
- Review, draft, and negotiate vendor, consultant, outsourcing, TOBAS, and non-disclosure agreements.
- Apply proportionate legal review calibrated to contract risk tier, including under applicable outsourcing/operational resilience regulatory frameworks.
- Liaise with procurement, information security, data protection, and business stakeholders to ensure contracts reflect operational, security, and regulatory requirements.
- Identify and escalate contracts raising material legal, regulatory, or reputational risk.
- Support due diligence and contractual remediation for existing third-party arrangements.
- Monitor and summarise regulatory developments relevant to third party risk management, outsourcing, and operational resilience in the UK and Ireland.
- Produce concise, business-facing briefings on incoming regulatory change and its practical impact.
- Track implementation deadlines and support the legal team in embedding regulatory changes into templates, playbooks, and processes.
- Own and maintain the suite of TPRM-related legal templates and associated negotiation playbooks.
- Keep templates current with regulatory change, business requirements, and lessons learned.
- Support training and guidance materials for procurement and business teams on template use and escalation triggers.
- Maintain accurate records of contract review status, risk logs, and regulatory tracking.
- Contribute to continuous improvement of TPRM legal processes, including standardisation and efficiency initiatives.
Requirements
- Qualified lawyer (England & Wales) with at least 1-year PQE or an experienced paralegal with demonstrable relevant commercial contract experience.
- Experience reviewing and negotiating commercial contracts.
- Familiarity with and willingness to develop expertise in financial services/insurance regulatory frameworks relevant to outsourcing and third-party risk.
- Strong drafting and negotiation skills, with the ability to work efficiently against a high contract volume.
- Good research and summarisation skills, with the ability to translate legal/regulatory developments into practical guidance.
- Highly organised, with strong attention to detail and comfort managing template libraries and structured processes.
- Confident communicator, able to work directly with procurement, risk, information security, and business stakeholders.
- Reinsurance sector experience an advantage but not essential.
Skills
- Contract review
- Contract negotiation
- Regulatory horizon scanning
- Legal template management
- Playbook management
- Risk assessment
- Due diligence
- Drafting
- Research
- Summarisation
- Communication
Location
- London
Work Type
- Full time
- Regular
Experience Level
- 1-year PQE
Education Level
- Qualified lawyer (England & Wales)
About the Company
- Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish.
- We are underwriters of risk, growth, progress and opportunity.
- We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
- EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents.
- With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers.
- The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
Equal Opportunity
- At Everest we are dedicated to building an inclusive and authentic workplace.
- All colleagues are held accountable to upholding and supporting our values and behaviors across the company.
