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For Companies At a Glance
- Tasks: Manage professional indemnity claims and client complaints in a dynamic legal environment.
- Company: Join a leading international law firm known for its prestigious reputation.
- Benefits: Enjoy a permanent role with opportunities for professional growth and development.
- Why this job: Be at the forefront of legal risk and compliance, making a real impact.
- Qualifications: UK-qualified lawyer with 5-7 years' experience in civil/commercial litigation required.
- Other info: Ideal for those seeking to work in a collaborative and fast-paced team.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Compliance and Risk Counsel – Professional Liability and Insurance
Permanent | Up to £110,000 | International Law Firm
Our client, a leading international law firm, is seeking a Compliance and Risk Counsel to join their well-established Risk Legal team. This is a permanent opportunity offering up to £110,000.
The Team
The firm’s Risk Legal team is made up of experienced lawyers and paralegals who advise on all aspects of legal risk, including financial crime compliance, claims, complaints, insurance, engagement terms, contracts, data privacy, regulatory compliance, conduct issues, and engagement with regulators.
This role will report directly to the Head of Professional Liability, who is responsible for managing the firm’s claims and complaints, as well as its professional indemnity and non-PI insurance cover.
Key Responsibilities
- Support the Head of Professional Liability with the reporting and management of claims
- Investigate and draft responses to client complaints
- Handle claims, including responding directly to straightforward matters or instructing external counsel on complex cases
- Maintain oversight of complaints and relevant deadlines
- Liaise with the Legal Ombudsman
- Assist with insurance notifications and renewals
- Support the General Counsel on internal and regulatory investigations
- Advise on contentious matters that may arise, including disputes with suppliers
- Ensure compliance with all relevant legal and regulatory obligations, including SRA Standards and Regulations
Skills & Experience
- Qualified lawyer with at least 5–7 years’ experience in civil/commercial litigation
- Ideally experienced in professional negligence work
- Experience with claims against solicitors and/or insurance coverage issues advantageous
- Background may come from private practice or in-house roles
- Previous experience working within a large City or international law firm desirable
Personal Attributes
- Able to work independently and use initiative
- Strong relationship-building skills across all levels of a firm
- Clear and confident communicator, able to deliver difficult messages where necessary
- Resilient, adaptable, and proactive
- Self-motivated, with a track record of seeing matters through to resolution
Compliance and Risk Counsel employer: Career Legal
Contact Detail:
Career Legal Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance and Risk Counsel
✨Tip Number 1
Network with professionals in the legal field, especially those who work in compliance and risk management. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges they face.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in professional indemnity and insurance. This knowledge will not only enhance your understanding but also demonstrate your commitment to staying updated in this specialised area.
✨Tip Number 3
Consider reaching out to current or former employees of the firm to gain insights into their culture and expectations. This can help you tailor your approach and show that you understand what it takes to succeed in their environment.
✨Tip Number 4
Prepare for potential interviews by practising responses to common questions related to compliance and risk management. Focus on articulating your experience with professional indemnity claims and how you've successfully navigated complex legal issues in the past.
We think you need these skills to ace Compliance and Risk Counsel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance, risk management, and professional indemnity claims. Use specific examples that demonstrate your expertise in these areas.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Emphasise your experience with litigation and regulatory compliance, and how it aligns with the firm's needs.
Highlight Relevant Skills: In your application, focus on skills such as investigation, communication, and organisation. Provide examples of how you've successfully managed contentious matters or worked with regulatory bodies.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Career Legal
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the Compliance and Risk Counsel position. Familiarise yourself with professional indemnity claims, regulatory compliance, and the specific responsibilities outlined in the job description. This will help you articulate how your experience aligns with their needs.
✨Prepare for Scenario-Based Questions
Expect to be asked about past experiences dealing with professional indemnity claims or client complaints. Prepare specific examples that showcase your problem-solving skills and ability to manage contentious matters effectively. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Communication Skills
As a Compliance and Risk Counsel, clear communication is key. Be prepared to demonstrate your ability to convey complex legal concepts in an understandable way. Practice explaining your previous work to someone without a legal background to ensure you can communicate effectively during the interview.
✨Research the Firm's Culture and Values
Understanding the firm's culture and values can give you an edge in the interview. Research their approach to compliance and risk management, and think about how your personal competencies align with their ethos. This will help you answer questions about why you want to work there and how you can contribute to their team.
