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Legal Counsel
2 months ago
Legal Counsel – Insurance – London - Competitive Salary plus bonus
An experienced lawyer is required to join a major insurance sector client working as in house counsel advising the underwriting and claims teams on a variety of issues.
Role Overview
This In-House Counsel position providing specialist advice on a number of business lines including Casualty (Bermuda), Healthcare, Professional Lines and Reinsurance. Duties include:
- Analysing terms of new and renewal business to help identify exposures, document/clarify underwriting intent and ultimately confirm compliance with agreed upon terms and corporate guidelines.
- Considering changes to statute, regulations and judicial decisions and advising on potential impact on the business.
- Review, draft and negotiate a variety of underwriting agreements, nondisclosure agreements and other agreements that comply with company policies and risk tolerance.
- Support the continuous improvement of standard form agreements and legal processes and assist in the development and implementation of company policies and procedures.
- Provide support to underwriters as needed on legal issues pertaining to submissions and related coverage.
- Provide support to claims personnel on coverage and procedural related issues.
- Responsible for the standard policy wordings and endorsements
Candidate Profile
The firm is seeking a qualified solicitor or barrister with the following experience/characteristics:
- Minimum 8 years pqe with strong experience in insurance or reinsurance coverage litigation or arbitration.
- Experience drafting commercial insurance contracts.
- Bermuda Form or US Casualty experience would be advantageous.
- Team player who is able to work in a co-operative environment and engage effectively with others.
- Strong analytical and decision-making ability with sound judgement and decision making.
- Ability to provide commercially focused solutions to the business on a daily basis.
- An adaptable lawyer who is able to advise on a wide variety of areas of law.
What's on offer?
On offer with this opportunity is the chance to be a key advisor to the business. You will have direct access with underwriters, claims managers and those in other business areas on a daily basis.
Salary is competitive with a generous bonus scheme. Hybrid working with 3 days in the office and 2 working from home.
Apply Now
To be considered for this in-house role based in London please get in touch with a recent CV as soon as possible. Full job description available.
