The corporate insurance and pension de-risking team at Macfarlanes comprises two partners, one senior counsel, three solicitors and two trainees. The core focus of the practice is to advise on large and complex defined benefit pension de-risking transactions, usually acting for insurers and reinsurers. Clients include several of the largest and most significant insurers and reinsurers in the sector. In addition, the team handles a broad range of insurance-related matters, including assisting with the insurance aspects of corporate transactions, litigation and restructuring matters, policy wordings and specialist insurance regulatory questions.
Andrew Barton, head of insurance, is a market-leading practitioner in this dynamic and expanding sector and has grown the practice over the past four years. The team has worked on some of the highest profile insurance transactions during that time. We are keen to recruit a solicitor with 1 to 3 years’ PQE to join the team.
The team forms part of Macfarlanes’ highly-regarded Corporate and M&A Group, which comprises 19 partners, 43 solicitors, three professional support lawyers, seven trainees and three paralegals. The Corporate and M&A team covers a broad range of work including private equity transactions, public and private M&A, corporate finance (including equity capital markets) and general corporate advisory.
The role will include working on specialised and technically challenging insurance and reinsurance matters with a particular focus on insurance-based pension risk transfer transactions, alongside more broadly-based corporate insurance work. You will have the opportunity to work on pension buy-ins, buy-outs, longevity swaps and reinsurance arrangements and their associated collateral arrangements. The nature of corporate insurance work means that it often intersects with more general work (e.g. M&A, joint ventures, W&I insurance and D&O insurance).
The right candidate will be self-motivated, have enthusiasm for challenging transactional work and be committed to helping us continue to develop our practice. Strong academics are essential, an eagerness to take on responsibility (as client contact will be encouraged) and to seek to realise their ambitions through the self-development of their technical and soft skills.
Experience in insurance, reinsurance or pensions matters is desirable but not essential as Andrew will mentor and train the successful applicant. Experience (appropriate to the candidate’s level of qualification) of corporate transactions or advisory work is essential, along with a desire to specialise in this key financial sector.
Strong academic qualifications from A Levels are essential, with a minimum 2:1 degree (or equivalent).
We are recognised for the quality of our work, and the quality of our solicitors is an essential element of this – any recruitment will only be made if this high standard is met.
Please note that this job description is not exhaustive and may vary in line with changes in the team’s objectives and firm’s policy.
Our commitment to inclusion
At Macfarlanes we understand the importance of an inclusive culture, the continued development of which has been identified as one of our key priorities. Our focus is to foster an inclusive culture throughout the firm, from entry level to partnership. It is about recruiting, retaining and promoting all groups in the firm fairly, and we are continually reviewing our processes to ensure that everyone has the same chance to develop and advance. An inclusive, forward-thinking culture also enables us to provide innovative solutions to our clients.
We welcome applications from people of all backgrounds, bringing different perspectives and experiences, making Macfarlanes an exciting and stimulating place to work. We seek to recruit the best candidates, regardless of gender, race or ethnicity, background, religion, physical abilities, sexual orientation or any other characteristic.