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- Tasks: Manage complex insurance litigation and provide legal advice to senior leadership.
- Company: Join a high-profile Lloyd's Insurance market broker in the heart of London.
- Benefits: Enjoy a salary up to £140,000, hybrid working, and potential 4-day work weeks.
- Why this job: Be part of a dynamic team tackling significant legal challenges in a prestigious environment.
- Qualifications: Must be a UK qualified solicitor with 6+ years PQE and insurance litigation experience.
- Other info: Opportunity to minimise legal risks and manage external legal counsel.
The predicted salary is between 84000 - 196000 £ per year.
We have a new permanent opportunity for a UK qualified solicitor (@ 6 years PQE), with substantial insurance litigation experience gained in private practice or in-house, to work as a Senior Legal Counsel (Litigation) for a high profile Lloyd's Insurance market broker in the City of London. They are offering a salary of up to £140,000 plus an excellent range of benefits. This is a hybrid working role, with the expectation you would be in their London office at least 1 day per week. There is also the possibility of only working 4 days per week (pro rata).
This role requires experience in the insurance industry as you will be providing legal advice to the senior leadership team specifically around Errors and Omissions claims (E&O) and commercial disputes. The aim of the role will be to minimise and appropriately manage legal risk and reputational damage to the business.
A general overview of your duties will include:
- end to end management of E&Os: advising on, managing and resolving notified E&O matters, including reporting to and liaising with insurers, as appropriate
- liaising with Group stakeholders, including the Group legal function, where E&Os require escalation and further reporting
- working with other functions, identifying E&O trends and risk improvement measures, including the evaluation of different risk factors in business structure and operations
- managing and supervising external legal counsel as required and controlling and minimising external legal spend
It is essential that you have in-house experience in the London Insurance market including:
- A proven track record of leading on and managing a wide-ranging portfolio of complex disputes, including cross border jurisdiction.
- Expertise in insurance law and insurance coverage disputes, particularly with a London Market focus, as our client is a London Market Lloyd’s broker.
- Ideally, additional experience in dealing with E&O claims against insurance brokers and/or other insurance professionals.
Therefore, if you are looking for an exciting challenge in a high profile organisation, please apply today for more details.
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Legal Counsel - Insurance Litigation (London)
✨Tip Number 1
Network with professionals in the London insurance market. Attend industry events, webinars, or join relevant LinkedIn groups to connect with individuals who may have insights into the role and the company.
✨Tip Number 2
Research the specific legal challenges faced by Lloyd's brokers, particularly around Errors and Omissions claims. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss your experience managing complex disputes and how you've minimised legal risks in previous roles. Be ready to provide examples that highlight your problem-solving skills and strategic thinking.
✨Tip Number 4
Familiarise yourself with the company's culture and values. Tailor your approach to align with their expectations, showcasing how your background and skills make you a perfect fit for their team.
We think you need these skills to ace Senior Legal Counsel - Insurance Litigation (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in insurance litigation and your qualifications as a UK solicitor. Emphasise your in-house experience and any specific cases or disputes you've managed that relate to Errors and Omissions claims.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the job description. Discuss your understanding of the insurance market, your approach to managing legal risks, and how your background aligns with the needs of the senior leadership team.
Showcase Relevant Skills: In your application, clearly outline your skills in managing complex disputes and your expertise in insurance law. Provide examples of how you've successfully minimised legal risks in previous roles.
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 a legal role.
How to prepare for a job interview at Placed
✨Know Your Insurance Law
Make sure you brush up on your knowledge of insurance law and coverage disputes, especially those relevant to the London Market. Be prepared to discuss specific cases or scenarios where you've applied this knowledge in your previous roles.
✨Demonstrate Your Leadership Skills
As a Senior Legal Counsel, you'll need to show that you can lead and manage complex disputes. Prepare examples from your past experience where you've successfully led a team or managed a challenging case, highlighting your decision-making process.
✨Understand the Company’s Culture
Research the company and its values. Understanding their approach to risk management and legal challenges will help you tailor your responses and demonstrate that you're a good fit for their culture.
✨Prepare Questions for Them
Have insightful questions ready to ask the interviewers about their current challenges in insurance litigation or how they foresee the role evolving. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
