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Legal Counsel
2 months ago
Legal Counsel – Insurance – London - Competitive Salary plus bonus
Are you ready to apply Make sure you understand all the responsibilities and tasks associated with this role before proceeding.
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.
