About Us

We’re a specialist credit & surety underwriter transforming B2B credit protection solutions with financial technology.

Founded in 2020, we are licensed and operating across the UK, EU, US and Canada with offices in London, New York and Dallas.

Since our commercial launch in March 2022, we are already serving some of the world’s largest companies, providing them with superior credit protection and innovative risk management technology.

About The Role

We’re looking for a motivated and driven individual with a proven track record in the insurance industry to lead Legal and Compliance function. This senior role will play a key part in supporting the next phase of growth for Bondaval.

The successful candidate will serve as a trusted advisor to the CEO, CUO and the rest of the leadership team, offering actionable insights and solutions that support our business activities globally. The ideal candidate is able to switch between strategic thinking and problem-solving to contract drafting and negotiation, heading up the claims function and generally rolling up the sleeves and getting things done when required.

You will report to the CEO and will have one direct report, Junior Legal Counsel.

This is a fantastic opportunity to join a fast-growing business that is disrupting the global credit insurance industry using a unique combination of insurance protection, credit risk expertise and technology.

Key Responsibilities

• Legal Leadership and Strategic Initiatives
• • Lead on a broad range of legal and regulatory matters to support our work with insurers, reinsurers, customers and partners globally
  • Provide expert legal advice to the executive team on a wide range of matters, working with external advisers where necessary
  • Act as the key point of contact for all legal matters with external counsel, regulators, and industry bodies.
  • Work with internal and external stakeholders to scope out strategic initiatives from a legal and regulatory point of view, including supporting with execution where relevant
• Contractual Oversight:
• • Negotiate, draft, and review contracts, including commercial TOBAs and certificates, partner TOBAs, insurance binders, reinsurance treaties, endorsements, employee and third party agreements.
  • Work closely with CEO, CUO and relevant stakeholders to maintain and update binder and reinsurance documentation in alignment with changing business or (re)insurer requirements.
  • Ensure all agreements align with the company’s strategic objectives and adhere to the relevant legal, regulatory, commercial and partner requirements
  • Develop and maintain a global policy and wordings library
  • Ensure accurate documentation of all legal agreements, tracking key contractual milestones, such as renewals and amendments.
• Compliance Management:
• • Establish and maintain a comprehensive global compliance framework that ensures adherence to applicable laws, regulations and industry standards
  • Monitor evolving insurance and reinsurance regulations and provide strategic guidance on compliance implications
  • Ensure ongoing timely reporting to regulatory authorities across all operating regions
  • Represent the company in regulatory and partner audits, inquiries, or investigations, addressing concerns and implementing recommendations
  • Oversee internal audits and risk assessments to identify and mitigate compliance risks
  • Input on policies and training programs to ensure compliance across the organization
• Heading up the Claims Function:
• • Working with the CUO and external loss adjusters to oversee an effective claims management processes
  • Working with fronting insurers and clients to effect an efficient claims approval and payment process
• New and Renewal Business
• • Contract wording negotiation and oversight
  • Working with the commercial team to draft bespoke wordings and endorsements
  • Liaison with the Product team to ensure that contractual documentation is correctly reflected in the client portal
    

You might be a good fit it...

• Experience:
• • You have a minimum of 10 years’ experience, including working for an insurer, reinsurer, MGA or a related business
  • You are a qualified solicitor, barrister, or have equivalent experience
  • You have a proven track record of leading legal and compliance function
  • You have a strong knowledge of the insurance and reinsurance markets and a good understanding of the corporate law across multiple jurisdictions
• Skills:
• • You’re acutely organised and have an extremely keen eye for detail
  • You can balance competing priorities, remaining highly organised and calm under pressure
  • You are able to provide thoughtful and pragmatic counsel, balancing the need for risk management with broader business goals
  • You work effectively in a fast-paced environment, liaising with relevant internal and external stakeholders across multiple locations
  • You are able to digest new complex information quickly and advise on key implications
  • You have exceptional written and verbal communication skills
    

Compensation, Perks & Benefits

• Compensation: Based on experience
• Employment type: Permanent
• Employee Share Option Pool: Available - you will earn a stake in the company you are helping to build
• Location: Hybrid, minimum 3 days in our office on Bermondsey Street, 5-minute walk from London Bridge Station
• Benefits:
• • Private healthcare (MHD)
  • Private pension
  • 25 days annual leave + bank holidays
  • Enhanced parental leave
  • Cycle to work and Electric Vehicle schemes
  • £100/year towards physical challenge of choice