
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 –RetirementProduct
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'llenjoy 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,superannuationand investment management businesses - spanning product development, strategic partnerships, regulatoryadviceand commercial transactions.
You'lljoin a small, high-performing Legal, Product team as Senior Legal Counsel, with the Life Product team as your primary client.It'sa 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'llwork on a mix of BAU advisory and project work in a collegiate, autonomous team - with close ties to stakeholders across Product, Distribution,Investments andRisk and Compliance.
Whatyou'llbe doing
This is an opportunity to join a respected legal team that values technical excellence, commercialacumenand a collaborative spirit.
Providelegal advice on the design, development, distribution and ongoing management of retirement income, annuity, life insurance,superannuationand investment products
Advise on new product initiatives, strategicpartnershipsand commercial opportunities, including retirement income solutions developed with superannuation funds,platformsand institutional clients
Advise on financial services regulation including the Corporations Act, Life Insurance Act, Insurance Contracts Act, SIS legislation, APRA prudentialstandardsand ASIC requirements-andmonitoremerging 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,outsourcingand 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
Whatyou'llbring
Approximately 5–10 years PQE, gained in a leading law firm and/or in-house legalfunction, 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 partytransactionsand 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'lljoin a supportive, close-knit legal team where autonomy is balanced with genuine collaboration, working on meaningful retirement income solutions for Australians. We offer competitiveremunerationand 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
Additionalsupport leave (fertility treatment leave, gender affirmationleave).
Extra superannuation contributions.
Access to Fitness Passport
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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

Founded in 1985, Challenger Limited is an ASX-listed investment management company managing $131 billion in assets (as at 31 December 2024).
Challenger’s purpose is to provide customers with financial security for a better retirement. To fulfil this purpose, Challenger leverages capabilities across our two core businesses, Life and Funds Management.
We offer investment strategies that exhibit consistently superior performance and help customers in retirement with safe and reliable income.
For our social media disclaimer statement, visit:
http://www.challenger.com.au/Disclaimer