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Senior Insurance Litigator, Leading Global Insurer
2 months ago
The client:
A unique opportunity has arisen with a leading global insurance and reinsurance firm for a senior lawyer with insurance litigation experience. As an experienced insurance litigator, you will support the senior stakeholders with front-end advice on high value insurance and reinsurance policies to identify potential gaps/pitfalls before they are issued. The role will be so much more, see below for details
This individual will become a crucial member of the legal team, advising senior stakeholders across the business globally.
Key responsibilities
- Provide advice, drafting, and negotiating a wide variety of commercial and underwriting agreements, including policy wordings and endorsements, terms of business, service level agreements, and all other commercial contracts with third parties.
- Engage with the claims team who will seek informal advice on various matters. Stay informed about ongoing claims and provide insights to help underwriters prevent similar issues in the future.
- Assist underwriters when they act as reinsurers for specific accounts by ensuring the reinsurance agreements are accurately worded in a way to avoid future litigation.
- Support the multinational business' underwriters with the "offshoot" policies (based on the master insurance policies) for various locations globally, instructing external counsel in those jurisdictions to provide relevant regulatory or form and content advice.
- Provide training, write memos and educate the underwriting and claims teams on upcoming changes in legislation and how it impacts their products and underwriting/claims processes.
The successful candidate
- Qualified lawyer with at least 6 years' experience as an insurance litigator gained in-house and or in private practice
- Any experience working on Bermuda Form policies or disputes, US insurance litigation/class action lawsuits would be a plus
- Drafting and negotiation skills, and a solid understanding of insurance and reinsurance law would be highly preferable but not a prerequisite
- Detail-oriented, proactive, and able to thrive in a fast-paced environment. Strong analytical, problem-solving, and communication skills.
