At a Glance
- Tasks: Advise on coverage issues and disputes in a dynamic legal environment.
- Company: Join a growing insurance company with a collaborative legal team.
- Benefits: Competitive salary, generous leave, health cover, and learning budget.
- Other info: Embrace technology and enjoy excellent career growth opportunities.
- Why this job: Make an impact in the insurance sector while developing your legal expertise.
- Qualifications: Qualified lawyer with 2+ years of experience in claims or litigation.
The predicted salary is between 63000 - 77000 £ per year.
Claims Counsel
Department
Legal
Employment Type
Permanent - Full Time
Location
- London, UK
- Description
We are looking for a talented Claims Counsel to join our team.
In this role, you will advise on coverage issues and disputes across a variety of lines of business for both our insurance and reinsurance teams.
Working closely alongside a team of experienced and driven lawyers, we are looking for individuals who are excited to bring their experience and ideas in this exciting stage of Convex's growth.
Key Responsibilities
- Provide technical and coverage advice to the claims team across multiple lines of business at all stages of the claims process, including litigation, arbitration, alternative dispute resolution, and settlement negotiations.
- Manage the instruction of external counsel.
- Provide drop-in/surgery style advice to the claims team and underwriters on a range of coverage and claims-related issues.
- Monitor and marshal management information relating to claims advisory work for the legal team.
- Assist the business in contentious document management exercises.
- Support the business by researching and monitoring insurance and claims-related developments and know-how.
- Provide engaging training to the business on legal and claims-related topics.
- Communicate and negotiate effectively with external parties (brokers, clients, external counsel, regulators, etc.), building strong relationships of trust.
- Utilise modern technology to provide innovative solutions to the legal and claims teams on contentious issues.
Skills Knowledge and Expertise
- Qualified lawyer (at least 2+ PQE) with prior experience advising on claims or litigation either in a general or line-specific capacity.
- Excellent verbal and written communication skills.
- Able to work independently and as part of a team.
- Robust and up-to-date knowledge and understanding of insurance law.
- An understanding of the influences of the insurance market on the negotiation of terms.
- High degree of professional ethics and integrity.
- Sound judgement and ability to analyse complex matters and technical information.
- Well-rounded interpersonal and presentation skills, along with the ability to communicate effectively with others at all levels of the organisation.
- Ability to establish and maintain strong relationships within Convex's legal and claims departments and across all business functions.
- A desire to responsibly embrace technology and AI to focus on strategic, value add and judgement based work.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
- #J-18808-Ljbffr
Claims Counsel employer: Convex Insurance Ltd.
As a Senior Portfolio Actuary at our London office, you will join a dynamic and collaborative work culture that prioritises innovation and employee growth. With competitive benefits including generous annual leave, private health insurance, and a strong commitment to professional development, we empower our employees to thrive both personally and professionally. Our strategic location in London offers unique opportunities to engage with a diverse range of clients and projects, making it an exciting place to advance your career in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Counsel
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Convex Insurance Ltd.). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Convex Insurance Ltd.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Claims Counsel
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Convex Insurance Ltd..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Convex Insurance Ltd.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Convex Insurance Ltd.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Convex Insurance Ltd. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Convex Insurance Ltd., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Convex Insurance Ltd.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
