At a Glance
- Tasks: Support the team in developing insurance products and drafting policy wordings.
- Company: Join Berkshire Hathaway Specialty Insurance, a leader in commercial insurance.
- Benefits: Competitive salary, growth opportunities, and a diverse, inclusive work environment.
- Other info: Collaborate globally and enhance your legal expertise in a supportive culture.
- Why this job: Be part of a dynamic team shaping the future of insurance in Europe.
- Qualifications: Qualified solicitor with 5 years' experience in insurance wordings.
The predicted salary is between 36000 - 60000 € per year.
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized.
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Product Counsel to join the European product advisory team based in London. This role will report to the Head of Underwriting, Europe, and assist the wider Product team in supporting BHSI teammates in Europe on a variety of Property and Casualty lines product wordings and underwriting queries. This role will also involve collaboration with global Legal, Risk, Compliance and Governance teammates and directly with the business.
- Assisting Underwriters to develop new insurance products in Property and Casualty Lines
- Draft, negotiate and amend policy wordings and related documentation (e.g. endorsements, quotation documents and IPID)
- Amending insurance documentation in response to legal and regulatory change
- Keep abreast of legal and regulatory developments and inform underwriters
- Instruct external counsel as appropriate to provide advice on specialist topics
- Deliver training and coaching to underwriters and claims colleagues to improve wordings
- Respond to demands for legal support from underwriters and prioritise work in line with business objectives
Qualified solicitor/legal executive in England and Wales with a minimum of 5 years’ insurance wordings/coverage experience. Knowledge of insurance regulatory and licensing considerations. General legal knowledge of topics such as GDPR and insurance distribution. Proficiency with SharePoint, Excel and Word. Excellent communication, organisational, time management and project management skills. Fluent English. Additional European language is desirable but not essential.
A competitive package and exciting growth opportunities for career-oriented teammates.
Legal Counsel - Commercial and Insurance in London employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer that champions a culture of inclusivity and collaboration, making it an ideal place for professionals seeking to thrive in the insurance sector. Based in London, our team enjoys a competitive compensation package, ample opportunities for career growth, and the chance to work alongside a diverse group of experts dedicated to delivering outstanding service. Join us in shaping the future of property, casualty, and specialty lines insurance while being part of a globally respected brand.
Contact Detail:
Berkshire Hathaway Specialty Insurance Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel - Commercial and Insurance in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and legal sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching BHSI inside out. Understand their products, values, and recent news. This will help us show how you can contribute to their mission and culture, making you a standout candidate.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience with insurance wordings and regulatory changes clearly and confidently. We want to hear how your skills align with the role of Product Counsel, so make it count!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Legal Counsel - Commercial and Insurance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Legal Counsel - Commercial and Insurance. Highlight your relevant experience in insurance wordings and coverage, and don’t forget to showcase your legal qualifications and skills that match what we’re looking for.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team at BHSI. Mention specific experiences that relate to the job description and show us your passion for the insurance industry.
Showcase Your Communication Skills:As a Legal Counsel, excellent communication is key. In your application, demonstrate your ability to convey complex legal concepts clearly. Whether it’s through your CV or cover letter, make sure your writing is concise and professional.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Berkshire Hathaway Specialty Insurance
✨Know Your Stuff
Make sure you brush up on your knowledge of insurance law and the specific products BHSI offers. Familiarise yourself with recent legal and regulatory changes that could impact the role, as well as any relevant case studies or examples from your past experience.
✨Showcase Your Communication Skills
As a Legal Counsel, you'll need to communicate complex legal concepts clearly. Prepare to discuss how you've effectively communicated with underwriters or other stakeholders in the past. Practise explaining legal jargon in simple terms to demonstrate your ability to make information accessible.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific situations, like drafting policy wordings or responding to regulatory changes. Think of examples from your previous roles where you successfully navigated similar challenges and be ready to share those stories.
✨Emphasise Team Collaboration
BHSI values teamwork, so be prepared to discuss how you've worked collaboratively with cross-functional teams. Highlight any experiences where you’ve trained or coached colleagues, as this will show your commitment to fostering an inclusive environment and supporting your teammates.
