The Institute and Faculty of Actuaries (IFoA) wishes to add to the number of experienced lawyers in their existing Legal Advisers Pool, undertaking the role of independent Legal Adviser to the various Disciplinary Panels which consider complaints/allegations of Misconduct under the IFoA’s Disciplinary Scheme.
The role of a Legal Adviser is to act in an independent capacity to support the disciplinary process, the parties to that process and the duly appointed independent decision-making panels in the conduct of their appointed roles.
Tenure
The role holder is appointed on an independent contractual basis. Appointments are made for an initial 5-year period, subject to usual contractual performance monitoring. There will be an option for renewal, at the discretion of the Regulatory Appointments Committee.
Remuneration
The role attracts a day rate of £700 per day. It is expected that Legal Advisers will also attend and/or deliver periodic training events to support those in the disciplinary process. Attendance at training events is not remunerated.
Time Commitment
Legal Advisers will be appointed on a case-by-case basis and may be asked to advise on hearings, which are typically one day hearings, but may on occasion be longer. Legal Advisers may also be required to provide advice on preliminary and post hearing issues and may be required to provide written advice to Panels. Reasonable notice is given, and members of the Legal Adviser Pool are expected to have adequate availability to support the expeditious scheduling of disciplinary matters.
The successful applicant should be able to demonstrate, and show examples, that they have the following skills and experience:
Essential
- Availability to support disciplinary pools
- Significant and demonstrable experience as a qualified practising member of the bench, barrister, advocate or solicitor.
- Ongoing and up to date knowledge and understanding of public law and professional regulatory and disciplinary law.
- A properly grounded understanding of judicial processes and confidence to speak up appropriately to support panels in carrying out their role in accordance with rules of natural justice and principles of good regulation.
- A sound ability to interpret law, apply it to relevant facts and deliver advice in plain language.
- Ability to summarise complex matters clearly and succinctly.
- Ability to support the Panel in its duty to write clear, concise and well-reasoned advice and determinations.
- Strong IT and computer skills.
Desirable
- Experience of advising regulatory panels.
- Experience of online hearings
- International legal/regulatory experience.
- Interest in finance and investment, pensions and/or insurance fields.
The full details of the vacancy are available on https://actuaries.org.uk/ifoa-jobs/legal-advisers-to-ifoa-disciplinary-panels/
How to Apply
To apply, please email clerk@actuaries.org.uk providing the following information by the closing date of 25 February 2025:
- Your CV and full contact details;
- A cover letter (maximum 500 words) with a synopsis of your relevant background and experience, a note of your reasons for applying for this role, and an overview of what you feel you could bring to this role;
- A separate “name blank copy” of your CV and cover letter;
- If your application does not fully comply it may not be considered for shortlisting.