Risk Underwriter
2 weeks ago
Job Description Insurance Litigation/Commercial Litigation 5+
A unique opportunity has arisen at an insurance underwriter, who are a next generation global speciality insurer to add a second ATE insurance underwriter to its London based Professional Liability team (remote working considered). This is a rare opportunity, for an experienced litigation lawyer seeking a new challenge, to work closely alongside our existing ATE underwriting expert applying skills developed in private practice to take a meaningful role in building our global ATE insurance portfolio. The other ATE Underwriter was previously an insurance litigation lawyer at a leading regional law firm.
Responsibilities • Review and analyse ATE insurance proposals (typically including Counsel’s opinions, statements of case, expert reports and inter parties correspondence) liaising with the proposer’s broker and, where appropriate, legal team and experts - to form an assessment of the underlying risk and insurability; • Determine appropriate insurance terms and premium; • Draft and amend ATE insurance policies; •Monitor the progress of bound policies; • Keep detailed and accurate records of policies underwritten and decisions made; • Skills and Experience • Practicing litigation lawyer with minimum 5 years’ post-qualification experience (insurance litigation is preferred); • Ability to review, analyse and assess the merits of litigation; • Competency in legal drafting; • Experience reviewing insurance policies; • Highly focused, enthusiastic and creative thinker; • of bound policies
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