Legal Counsel - Italian Market

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

About Utmost Luxembourg S.A.

Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset!

Your role – Are you ready for a challenge?

The Legal Counsel is reporting to the Head of Legal and is responsible to provide legal support for the Italian market, prepare legal documents, perform legal researches and liaise with all internal functions and when needed with local authorities, external legal advisors and third-party providers.

The Legal Counsel is accountable for:

Performing research and analysis on a broad range of legal matters and to work on a large number and provide advice on a wide array of legal matters that may arise;

Providing comprehensive solutions to complex problems or needs including negotiating agreements and drafting contracts for services and relationships related to the Company’s insurance and distribution operations;

Drafting and negotiating business arrangements in support of the marketing and sale of the Company’s insurance products;

Providing general legal advice on applicable laws and regulations and on all Company policies and guidelines;

Reading, interpreting and applying to business situations relevant statutes and regulations;

Handling complaints, legal disputes and liaise with external counsels;

Analysing changes to regulatory requirements and proactively manage regulatory developments to ensure compliance with applicable laws and regulations;

Undertaking special projects specific to the function of the department or as needed for the department;

Performing other duties as assigned within the scope of position expectations.

Your profile – Have you got what it takes to become our Legal Counsel?

Master’s degree in Italian Law; at least 5 years of experience in law firms or life insurance companies;

Ability to work autonomously, as well as in a team with other in-house lawyers and the business colleagues in a multicultural environment;

Attention to details, flexibility and experienced in working under pressure and to demanding deadlines

A proven experience with international oriented and demanding commercial, business development and regulatory environments;

Excellent communication and interpersonal skills with the ability to develop strong relationships with key stakeholders;

Proactive approach and business acumen;

Knowledge of Luxembourg legal and regulatory environment is a plus;

Fluent in English and Italian. Any other European language will be an asset.

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.

Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.

Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click here Recruitment Privacy Statement

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