About the Role
This senior legal advisory role provides broad support across Challenger's retirement income, insurance, superannuation, and investment management businesses, focusing on product development, strategic partnerships, regulatory advice, and commercial transactions. You will join a high-performing Legal, Product team, primarily serving the Life Product team, offering exposure to product-side activities, ownership of matters, and growth opportunities.
Responsibilities
- Provide legal advice on the design, development, distribution, and ongoing management of retirement income, annuity, life insurance, superannuation, and investment products.
- Advise on new product initiatives, strategic partnerships, and commercial opportunities, including retirement income solutions developed with superannuation funds, platforms, and institutional clients.
- Advise on financial services regulation including the Corporations Act, Life Insurance Act, Insurance Contracts Act, SIS legislation, APRA prudential standards, and ASIC requirements, and monitor emerging regulatory developments.
- Advise on distribution and marketing matters, including PDS, adviser and platform relationships, licensing, DDO, and disclosure obligations.
- Draft, negotiate, and advise on a broad range of commercial arrangements, including strategic partnerships, distribution, technology, outsourcing, and investment management agreements.
- Support legal risk management and governance, including regulatory interactions, breach and incident management, and enhancement of legal frameworks and policies.
- Build strong relationships with senior business stakeholders across Product, Distribution, Investments, Risk, and Compliance, acting as a trusted adviser.
Requirements
- Approximately 5–10 years PQE, gained in a leading law firm and/or in-house legal function.
- Experience in Life Insurance, Australian Superannuation Legislation, and APRA regulatory requirements.
- Knowledge of annuities or other income stream products.
- Strong working knowledge of the Corporations Act, including directors’ duties, related party transactions, and trust law.
- Demonstrated experience managing legal risk within a corporate or investment environment.
- Bachelor of Laws (or equivalent) and a current Australian practising certificate.
Location
- Sydney
Work Type
- Permanent
- Full-time
- Hybrid
Experience Level
- 5-10+ years PQE
Education Level
- Bachelor of Laws (or equivalent)
- Current Australian practising certificate
Benefits
- Competitive remuneration
- Discretionary bonus scheme
- Employee share plan
- Eighteen weeks paid leave for all new parents
- Flexibility on when, and how, parental leave is taken
- Challenger Day – one extra day off every year
- Subsidised on-site café
- Additional support leave (fertility treatment leave, gender affirmation leave)
- Extra superannuation contributions
- Access to Fitness Passport
About the Company
- Challenger Limited is an ASX-listed investment management firm managing $128.2 billion in assets.
- We are driving to deliver our vision to provide our customers with financial security for a better retirement.
- We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed.
- Our employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen.
- Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career.
Equal Opportunity
- We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.
- Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.
