At a Glance
- Tasks: Support underwriters by advising on insurance products and drafting policy wordings.
- Company: Join Berkshire Hathaway Specialty Insurance, a trusted global insurance partner.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Other info: Embrace a non-bureaucratic culture that values individual excellence and teamwork.
- Why this job: Make an impact in the insurance industry while developing your legal expertise.
- Qualifications: Qualified solicitor with 5+ years in insurance wordings and strong technical knowledge.
The predicted salary is between 60000 - 80000 £ per year.
Who We Are: 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. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character. We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. 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.
Job Opportunity: Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Product Counsel to join the European Product Advisory team, based in London or Dublin. This role reports to the Head of Underwriting, Europe, and supports BHSI teammates across Europe by advising on property and casualty insurance product wordings and underwriting queries. The position offers meaningful exposure to the business through close collaboration with global Legal, Risk, Compliance, and Governance teams, as well as direct engagement with underwriting and commercial stakeholders. With a strong emphasis on learning and development, this role provides a long‑term growth opportunity to build and deepen technical expertise across a broad range of products, including accident & health, surety, and marine products.
Duties & Responsibilities:
- Assist underwriters in the development of new property and casualty insurance products.
- Draft, negotiate, and amend property and casualty policy wordings and related documentation (including endorsements, quotation documents, and IPIDs).
- Update insurance documentation in response to legal and regulatory changes.
- Lead wording negotiations with brokers and business partners.
- Monitor relevant legal and regulatory developments and proactively advise underwriters.
- Instruct and manage external counsel where specialist legal advice is required.
- Deliver training and coaching to underwriting and claims colleagues to enhance wording quality and consistency.
- Respond to requests for legal support from underwriters, prioritising workload in line with business objectives.
- Build and maintain strong working relationships with key stakeholders, including underwriters, brokers, and service providers, ensuring clear and effective communication.
Qualifications, Skills and Experience:
- Qualified solicitor/legal executive in England & Wales or Ireland, or senior claims executive, with a minimum of 5 years’ experience in insurance wordings/coverage, preferably within property.
- Strong technical insurance knowledge, including experience with international and multinational property insurance contracts.
- Solid understanding of insurance regulatory and licensing requirements within the UK, Ireland, and Europe.
- General legal knowledge of related areas such as GDPR and insurance distribution.
- Understanding of European insurance markets, including the London company market and Lloyd’s market.
- Proficiency in SharePoint, Excel, and Word.
- Excellent communication, organisational, time management, and project management skills.
- Fluent English: an additional European language is desirable but not essential.
BHSI Offers:
- A competitive package and exciting growth opportunities for career‑oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders.
- A purposely non‑bureaucratic organisation that embraces simplicity over complexity and emphasises individual excellence in a team framework.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all‑inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
Product Counsel – Property & Casualty in London employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer, offering a dynamic work environment in London where diversity and inclusion are at the forefront of our culture. With extensive training provided by experienced Senior Underwriters, employees have ample opportunities for professional growth and career progression within the thriving Marine and Cargo insurance market. Join us to be part of a collaborative team that values your contributions and recognises your potential in building a leading insurance company.
Contact Details:
Berkshire Hathaway Specialty Insurance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Counsel – Property & Casualty in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BHSI on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of property and casualty insurance. We want to show that we’re not just interested, but genuinely passionate about the field!
✨Tip Number 3
Practice common interview questions with a friend or in front of a mirror. We need to nail our responses, especially when it comes to our experience with insurance wordings and regulatory requirements.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets seen by the right people. Plus, it shows we’re serious about joining the BHSI team!
We think you need these skills to ace Product Counsel – Property & Casualty in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Product Counsel role. Highlight your experience in property and casualty insurance, and don’t forget to mention any relevant legal qualifications!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit for BHSI. Be genuine and let your personality come through.
Showcase Your Communication Skills:Since this role involves collaboration with various stakeholders, emphasise your communication skills in both your CV and cover letter. Share examples of how you've effectively communicated complex information in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Berkshire Hathaway Specialty Insurance
✨Know Your Stuff
Make sure you brush up on your knowledge of property and casualty insurance. Understand the key terms, recent regulatory changes, and how they impact policy wordings. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Communication Skills
As a Product Counsel, you'll need to communicate effectively with underwriters and brokers. Prepare examples from your past experiences where you've successfully negotiated or communicated complex legal concepts. This will demonstrate your ability to build strong working relationships.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about situations where you've had to draft or amend policy wordings or respond to legal queries. Practising these scenarios can help you articulate your thought process during the interview.
✨Emphasise Your Team Spirit
BHSI values collaboration and teamwork. Be prepared to discuss how you've worked within a team to achieve common goals. Highlight any experiences where you've delivered training or coaching, as this aligns with their emphasis on learning and development.
