The scoreboard, honestly: the hard targets, how often each one is actually looked at,
and the quiet human signals that never make it onto a dashboard.
Successful Treaty Closures
Number of complex, high-value reinsurance treaties (e.g., LPTs, XoL agreements) successfully negotiated and executed.
Target · 5-7 complex treaties per quarter, valued at over £50M in premium each.In Q2, you successfully closed 6 treaties, including a £75M Property Cat XoL and a £60M Casualty LPT, all within the agreed timelines and without material legal issues.
Arbitration Outcome Efficiency
Reduction in external counsel spend on routine discovery and case management for arbitrations, alongside favourable outcomes.
Target · Reduce external counsel spend by 15% on assigned arbitrations; achieve favourable outcomes (settlement or award) in >75% of cases.On a recent £20M arbitration, you managed the discovery process in-house, saving £150K in external legal fees, and secured a settlement for 60% of the disputed amount, which was a good result given the facts.
Regulatory Compliance & Audit Findings
Ensuring all assigned business unit activities comply with relevant reinsurance regulations, resulting in minimal or no audit findings.
Target · Zero material findings on regulatory examinations or internal audits related to your area of responsibility.The recent PRA audit of our Property Catastrophe book had no findings related to treaty documentation or regulatory disclosures, directly reflecting the quality of your team's work.
Internal Client Satisfaction
Feedback from internal business clients (Underwriting, Claims, Actuarial) on the quality, timeliness, and commercial relevance of legal advice.
Target · >90% satisfaction rating on annual internal client surveys.Your annual feedback showed that the Head of Underwriting praised your team's ability to 'always find a way to get the deal done safely,' highlighting your commercial approach.
Proactive Risk Identification
Anticipating potential legal or regulatory issues before they become problems, and proposing practical solutions to the business.
- You're regularly bringing up potential issues in business unit meetings, not just reacting to them. You've introduced new clauses to treaties to pre-empt emerging risks. Business leaders tell us you're often the first to spot a potential pitfall in a new product idea.
Team Leadership & Mentorship
Effectively guiding and developing your direct reports, ensuring their growth and the quality of their legal output.
- Your junior lawyers are visibly growing in confidence and capability. They're asking fewer basic questions and taking on more complex tasks. You're running regular 1-to-1s, providing constructive feedback, and they feel supported. You're also seen as a trusted resource for other lawyers in the department.
Commercial Acumen & Business Integration
Providing legal advice that genuinely understands and supports the commercial objectives of the business unit, rather than just stating legal risks.
- You're invited to early-stage business strategy discussions, not just brought in at the last minute. Underwriters actively seek your input on deal structuring. Your advice helps the business find compliant ways to achieve their goals, rather than just shutting down ideas. You can clearly articulate the financial implications of legal decisions.
Strategic Influence
Your ability to influence senior stakeholders and contribute to the strategic direction of the Legal department and the business unit.
- You're presenting to senior leadership on key legal risks or opportunities. Your recommendations are often adopted. You're seen as a thought leader in reinsurance law, both internally and potentially externally (e.g., speaking at industry events).