At a Glance
- Tasks: Handle complex D&O/FI insurance cases and advise global insurers on coverage issues.
- Company: Join a leading global insurance firm with a dynamic and collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities for international collaboration.
- Why this job: Make an impact in the insurance industry while working with top clients and experts.
- Qualifications: Qualified solicitor with 4+ years of experience in D&O and FI insurance.
- Other info: Be part of a driven team focused on growth and success in a fast-paced environment.
The predicted salary is between 36000 - 60000 Β£ per year.
Our D&O and FI team is recognised as being a leader in the global insurance market. The D&O and FI team, headquartered in London, forms a key part of our global D&O and FI offering. The team regularly advises insurers and reinsurers on international risks within local jurisdictions and under multinational policies. Our footprint spans UK, Ireland, France, Spain, Italy, Hong Kong, Singapore, North America and Latin America. Through our affiliation with BLD we have access to the German and Dutch Markets. We also have a strategic alliance with Gilchrist Connell, providing access to the Australian market.
Our international D&O and FI teams combine local knowledge with world-class expertise. As a result, the team is involved in advising the firm's insurer clients in respect of some of the largest and most high-profile D&O and FI disputes.
The Role
You will play an active role in the continued growth and success of the team. The team provides coverage advice to global insurers in the D&O and FI arena. This includes advising under D&O, FI, crime, BBB and management liability policies. Most of the work involves advising insurers and reinsurers on complex policy coverage issues. As such, the role requires a detailed understanding of the operation of D&O and FI policies, as well as an in-depth knowledge of the commercial drivers of insurance clients. The role often involves dealing with cases in international jurisdictions and as such you will be expected to work closely with experts in our overseas offices, as well as with specialists in other fields, including corporate, employment and white collar crime.
Key Responsibilities
- Handling a stimulating and complex D&O / FI caseload with an emphasis on advising on insurance coverage.
- The opportunity to interact on a regular basis with leading insurer clients in this area.
- Working collaboratively with other specialists across the firm both nationally and internationally.
- Acting as a point of contact for clients where necessary, demonstrating a level of knowledge and skill commensurate with experience.
- Maintaining an awareness of the firm's strategies and plans.
- Maintaining and developing technical knowledge through attendance at training sessions, reading appropriate publications and being aware of market developments.
- Ensuring full compliance with DAC Beachcroft protocols on billing and credit control and demonstrate a high level of financial management when supporting others in managing files and in relation to own files, where appropriate.
Skills, Knowledge and Expertise
- A qualified solicitor with at least 4 years PQE experience gained in a specialist insurance firm (or in house at a financial lines insurer).
- Good experience in advising on complex D&O and FI policy issues.
- Excellent relationship and client handling skills. Able to deal confidently and professionally with clients on day to day issues.
- Experience on secondment with a leading financial lines insurer would be beneficial.
- The ability to deliver clear, well written legal advice/reports on complex legal/coverage issues.
- Able to demonstrate a high level of self-sufficiency, combined with an awareness of the boundaries of own competence/authority.
- An ability to adopt a client focused and commercial perspective rather than an 'academic' approach to legal issues, coupled with a keen grasp of legal issues, as these arise (demonstrating a clear ability to learn quickly 'on the job').
- Change oriented with a positive, flexible approach towards the implementation of new initiatives.
- Team oriented and collegiate with a willingness to share knowledge with and support other members of the team.
- Willingness to work hard as part of a highly ambitious and driven team to help it continue to develop and to achieve its objectives.
Associate/Senior Associate - D&O/FI Insurance in London employer: DAC Beachcroft LLP
Contact Detail:
DAC Beachcroft LLP Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Associate/Senior Associate - D&O/FI Insurance in London
β¨Network Like a Pro
Get out there and connect with people in the D&O/FI insurance space. Attend industry events, join relevant online forums, and donβt be shy about reaching out to professionals on LinkedIn. We all know that sometimes itβs not just what you know, but who you know!
β¨Show Off Your Expertise
When you get the chance to chat with potential employers or during interviews, make sure to highlight your knowledge of complex D&O and FI policy issues. Share specific examples of how you've tackled challenges in the past. We want to see that you can bring value to our team!
β¨Be Ready for the International Angle
Since our work often involves international jurisdictions, brush up on your global insurance knowledge. Familiarise yourself with different markets and regulations. This will show us that youβre not just a local expert but someone who can think globally!
β¨Apply Through Our Website
Donβt forget to apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us. Letβs make this happen together!
We think you need these skills to ace Associate/Senior Associate - D&O/FI Insurance in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Associate/Senior Associate role in D&O/FI Insurance. Highlight relevant experience and skills that match the job description, especially your understanding of complex policy coverage issues.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of your experience with D&O and FI policies, and how youβve successfully advised clients in the past.
Showcase Your Client Handling Skills: We want to see your excellent relationship and client handling skills shine through. Mention any experiences where you've confidently dealt with clients and provided clear legal advice on complex issues.
Apply Through Our Website: Donβt forget to apply through our website! Itβs the best way for us to receive your application and ensures youβre considered for this exciting opportunity in our global D&O and FI team.
How to prepare for a job interview at DAC Beachcroft LLP
β¨Know Your D&O and FI Policies
Make sure you brush up on your knowledge of Directors and Officers (D&O) and Financial Institutions (FI) insurance policies. Understand the nuances of coverage issues and be ready to discuss recent high-profile cases or disputes in this area. This will show that you're not just familiar with the basics, but that youβre genuinely engaged with the field.
β¨Showcase Your Client Handling Skills
Prepare examples from your past experience where you've successfully managed client relationships, especially in complex situations. Highlight how youβve communicated effectively and provided clear legal advice. This is crucial as the role involves regular interaction with leading insurer clients.
β¨Demonstrate Team Collaboration
Be ready to discuss how youβve worked collaboratively with other specialists in previous roles. Share specific instances where teamwork led to successful outcomes, particularly in international contexts. This will illustrate your ability to work within a team-oriented environment, which is key for this position.
β¨Stay Updated on Market Developments
Research current trends and developments in the D&O and FI insurance market. Being able to discuss these topics during your interview will demonstrate your commitment to continuous learning and your proactive approach to staying informed, which is essential for advising clients effectively.