At a Glance
- Tasks: Support underwriters by advising on property and casualty insurance products and documentation.
- 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 a real 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. 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.
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.
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. To apply, please submit your CV, with a cover letter, outlining why this would be the perfect role for you to hr.europe@bhspecialty.com
Product Counsel – Property & Casualty employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer that fosters a values-based culture of respect, integrity, and collaboration. With a strong emphasis on employee growth and development, particularly in the dynamic London or Dublin locations, BHSI offers meaningful opportunities for professional advancement while working alongside a diverse team of experts in the insurance industry. The company prioritises a non-bureaucratic environment that encourages individual excellence and innovation, making it an ideal place for those seeking a rewarding career in property and casualty insurance.
Contact Details:
Berkshire Hathaway Specialty Insurance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Counsel – Property & Casualty
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BHSI on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Dive deep into property and casualty insurance topics, especially those relevant to BHSI. Show them you’re not just a candidate, but a future expert in their team.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Product Counsel. Highlight your legal knowledge and how it can benefit their underwriting process.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the BHSI team.
We think you need these skills to ace Product Counsel – Property & Casualty
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Product Counsel role. Highlight your experience in property and casualty insurance, and don’t forget to showcase your legal expertise. We want to see how your background aligns with what we do at BHSI!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of your past work that relate to the duties listed in the job description. We love seeing your passion for the industry!
Showcase Your Communication Skills:As a Product Counsel, strong communication is key. In both your CV and cover letter, demonstrate your ability to convey complex information clearly. We’re looking for someone who can build relationships and communicate effectively with various stakeholders.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity to join 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 property and casualty insurance products. Understand the key terms, recent regulatory changes, and how they impact policy wordings. This will show that you're not just familiar with the basics but are 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 of how you've successfully navigated complex discussions or negotiations in the past. This will demonstrate your ability to build strong working relationships.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like drafting policy wordings or responding to legal queries. Think through potential scenarios beforehand and be ready to discuss your thought process and decision-making skills.
✨Emphasise Your Team Spirit
BHSI values collaboration and teamwork. Be prepared to talk about how you've worked within a team to achieve common goals. Highlight any experiences where you’ve contributed to a positive team culture or helped others succeed.
