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 varied 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

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 workplace.

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.

Benefits

- 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.

#LI-GW1 #LI-Hybrid #LI-Challenger

Employee Value Proposition

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 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

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📌 Senior Legal Counsel – Retirement Product (New South Wales)
🏢 Challenger
📍 New South Wales