Tokio Marine

Description

Position at Tokio Marine HCC

Procurement Legal Counsel (TM HHCI) 

Why TM HCC ? 

Standing still is not an option in the current world of Insurance. TMHCC are one for the world’s leading Speciality Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, Tokio Marine HCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients. We have doubled our gross written premiums in the past 3 year and our plan to do so again in the next 3 years. To support this desire, we need to be forward-thinking and innovative in every respect. That means continually improving our customer-focused business, it means providing system, solutions and technology to enable seamless growth and business innovation, and it means having the best people capability to apply to these challenges. 

Part of our evolution involves growing our team, and bringing in a range of views, perspectives and backgrounds that will allow us to deliver this forward-looking culture. That relies upon open and trusting relationships, and a shared vision for that continual improvement. We aspire to build an environment where new perspectives are encouraged, where resilience, fresh ideas and different opinions are valued. 

About the Opportunity 

At TM HCCI we believe our supplier relationship and approach to procurement is key to supporting our business. With a clear framework, vision and roadmap for procurement and supplier management we can optimise the strengths of our partner relationships and drive the best outcomes for HCCI. Having robust third party agreements is key to making this a success. 

This is a new role within the growing Procurement and Supplier Management team, presenting an exciting opportunity for the right individual to grow and continue building their In-House legal career. 

The role will be to lead on all Legal activity driven through the Procurement function. You will work very closely with the wider team including other professionals from Compliance (Legal Counsel and Data Protection) Security and IT based in the UK, across Europe and in our Corporate Centre in Houston.

The role will be to negotiate a range of contracts and agreements with third party suppliers and advise the business accordingly. Whilst a high proportion of agreements will be IT related the scope of the team is increasing from primarily being an IT based team to supporting the entirety of the business across the UK and Europe and accordingly you will be engaged in an increasing variety of work.

In parallel you will also need to build excellent internal stakeholder relationships with business leaders to ensure Procurement is a key enabler for business success. 

Job Purpose: 

Be the key focal point for all Legal activity relating to a diverse range of contracts within Procurement and Supplier Management. Providing consistent high quality best practice legal advice on contracts including review and negotiation on agreements across operational functions such as IT, HR, Facilities, Marketing, Finance and Speciality Insurance Lines of Business. 

Gaining the trust and confidence of stakeholders in a short space of time through your experience and knowledge. This coupled with the right personal skills and traits means you will quickly become a trusted partner to this business. 

Core Responsibilities: 

• Negotiate a range of commercial contracts and agreements across business functions. For example, within IT this would include Software SaaS, EULA’s and professional service MSA and SoW’s for both on and offshore delivery
• Provide ongoing legal support throughout the contract lifecycle to the business in risk mitigation and value for money from third party suppliers
• Develop standard agreements such as MSA to enable the business to act on own paper/terms
• Mitigate risk to the business through comprehensive agreements addressing areas such as Business Continuity/Disaster Recovery, Sub Contracting and Exit Plans
• Drive Value for Money through use of innovative commercial models and clear SLA and KPI provision
• Ensure compliance with regulatory requirements and company policies in supplier contracts

Skills and Experience Specification: 

• Qualified Lawyer
• Drafting, reviewing and negotiating a range of third party supplier contracts
• Support in meeting contractual regulatory requirements
• Knowledge of the operation of the London insurance market, its various participants and insurance regulatory requirements
• Legal Counsel with experience in negotiating and drafting agreements with demonstrable knowledge of cloud and SaaS based agreements and agreements for professional services in the context of delivering complex projects utilising both onshore and offshore resources.
• Strong commercial awareness with the ability to spot risks and offer constructive solutions, including review of commercial Statements of Work advising on risk management such as operation of milestones, penalties, damages etc.
• Technical knowledge of areas of law and regulation relevant to supplier contracts.
• Excellent oral and written communication and problem-solving skills.
• Ability to work with a degree of autonomy whilst working collaboratively with a wider team based in the UK, Europe and America
• Experience drafting contracts under UK and PRA regulation
• Stay aware of changing regulations and update existing contracts to ensure they meet new regulatory requirements

Skills and Attributes: 

• Develop and maintain strong relationships with internal stakeholders to ensure quality advice is provided in a timely manner
• Strong and confident negotiator at all levels
• Confident and self-assured
• Self-motivated and able to work well under pressure
• Resilient, optimistic and open to change
• Excellent communication, interpersonal and influencing skills
• Results orientated with ability to plan and deliver against business deadlines

“Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist.

The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies. 

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