Challenger Limited is an ASX-listed investment management firm managing $128.2 billion in assets (as at 31 December 2025) . Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement.

We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed. Senior Legal Counsel – Retirement Product Sydney | Permanent | Full-time (part-time considered)

- Looking for genuine variety in your next Senior Legal Counsel role? This position offers broad legal advisory support across multiple business lines - retirement income, insurance and investment management - with a mix of BAU and project work.
- With 5–10+ years PQE, you'll have real scope to take ownership of matters and grow the role well beyond a standard advisory seat, on a platform built for that kind of development.
- Based in our Sydney CBD office (5 Martin Place), you'll enjoy hybrid working - 3 days in office, 2 from home.

About The Role This is a senior legal advisory role providing broad support across Challenger's retirement income, insurance, superannuation and investment management businesses - spanning product development, strategic partnerships, regulatory advice and commercial transactions. You'll join a small, high-performing Legal, Product team as Senior Legal Counsel, with the Life Product team as your primary client. It's a genuinely wide-ranging role: real exposure to everything happening on the product side, ownership of your own matters, and scope to grow in a diverse, challenging seat.

Reporting to the Head of Legal, Product, you'll work on a mix of BAU advisory and project work in a collegiate, autonomous team - with close ties to stakeholders across Product, Distribution, Investments and Risk and Compliance.

What You'll Be Doing This is an opportunity to join a respected legal team that values technical excellence, commercial acumen and a collaborative spirit.





- Provide legal advice on the design, development, distribution and ongoing management of retirement income, annuity, life insurance, superannuation and investment products
- Advise on new product initiatives, strategic partnerships and commercial opportunities, including retirement income solutions developed with superannuation funds, platforms and institutional clients
- Advise on financial services regulation including the Corporations Act, Life Insurance Act, Insurance Contracts Act, SIS legislation, APRA prudential standards and ASIC requirements - and monitor emerging regulatory developments
- Advise on distribution and marketing matters, including PDS, adviser and platform relationships, licensing, DDO and disclosure obligations
- Draft, negotiate and advise on a broad range of commercial arrangements, including strategic partnerships, distribution, technology, outsourcing and investment management agreements
- Support legal risk management and governance, including regulatory interactions, breach and incident management, and enhancement of legal frameworks and policies
- Build strong relationships with senior business stakeholders across Product, Distribution, Investments, Risk and Compliance, acting as a trusted adviser

What You'll Bring

- Approximately 5–10 years PQE, gained in a leading law firm and/or in-house legal function, with experience in Life Insurance, Australian Superannuation Legislation, and APRA regulatory requirements, along with knowledge of annuities or other income stream products.
- Strong working knowledge of the Corporations Act, including directors’ duties, related party transactions and trust law.




- Demonstrated experience managing legal risk within a corporate or investment environment.
- Bachelor of Laws (or equivalent) and a current Australian practising certificate.

Why Challenger You'll join a supportive, close-knit legal team where autonomy is balanced with genuine collaboration, working on meaningful retirement income solutions for Australians. We offer competitive remuneration and a range of employee benefits. We support your growth and development, offer flexibility, and value the unique contributions people bring.

We provide access to a range of exclusive employee benefits that will support you both personally and professionally and a hybrid work environment including.

- Discretionary bonus scheme.
- Employee share plan.
- Eighteen weeks paid leave for all new parents.
- Flexibility on when, and how, parental leave is taken.
- Challenger Day – one extra day off every year in recognition of the effort our people make.
- Subsidised on-site café and fantastic central location a stone's throw from Martin Place Metro
- Additional support leave (fertility treatment leave, gender affirmation leave).
- Extra superannuation contributions.
- Access to Fitness Passport

Challenger's employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen. Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career. We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.

Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.

Job type: Permanent

Posting Close Date : 11/09/2026

📌 Senior Legal Counsel – Retirement Product (Sydney)
🏢 Challenger
📍 Sydney