At a Glance
- Tasks: Handle complex D&O insurance cases and provide expert coverage advice.
- Company: Join a top-tier legal firm known for its collaborative and innovative culture.
- Benefits: Enjoy flexible working, professional development, and the chance to work with leading clients.
- Why this job: Make a real impact in a dynamic team while growing your legal expertise.
- Qualifications: 3+ years' PQE in insurance law with strong client handling skills.
- Other info: Be part of a driven team with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 Β£ per year.
Are you looking for a role that challenges you intellectually while offering industry-leading work quality, client engagement, business development opportunities, and genuine flexibility? An opportunity in our Professional and Commercial Risk team may be for you.
You will play an active role in the continued growth and success of the professional indemnity team nationally. The team is ranked in Tier 1 in both the Legal 500 and Chambers directories, with a number of leading individuals named.
Within the team, the service line specialising in advising on Directors' and Officers' (D&O) insurance is particularly active. This team acts for a number of the leading D&O insurers, both in advising insurers on coverage for a wide variety of claims as well as defending claims against directors and officers/insured companies. This often involves working with specialists from other teams in fields such as employment law and white collar crime. In addition, the team provides coverage advice under a wide range of insurance policies, including Crime and Financial Institutions insurance.
Key Responsibilities- Handling a stimulating and often complex D&O caseload with an emphasis on advising on insurance coverage, but with opportunities to handle a wide variety of claims against directors and officers.
- The opportunity to interact on a regular basis with leading insurer clients in this area.
- Working collaboratively with other specialists across the firm.
- Maintaining an awareness of the firm's strategies and plans.
- Maintaining and developing technical knowledge through attendance at training sessions, reading appropriate publications and exceeding Law Society CPD requirements.
- Ensuring full compliance with DAC Beachcroft billing and credit control protocols, while demonstrating strong financial management across own files and in supporting others.
- At least 3 years' PQE, ideally gained at a specialist insurance firm (or in house at a financial lines insurer).
- Good experience in advising on insurance coverage under financial lines policies and ideally including under D&O/Management Liability policies.
- 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 and reports on complex legal/coverage issues.
- Able to demonstrate a reasonable level of self-sufficiency, commensurate with experience.
- The ability to take a client-focused, commercial approach to legal issues rather than a purely academic one, with a strong grasp of emerging legal issues and a clear ability to learn quickly.
- Change oriented with a positive, flexible approach towards the implementation of new initiatives.
- Team oriented and collegiate with a willingness to share knowledge 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 achieve its objectives.
Associate/Senior Associate - D&O/Coverage in Newcastle upon Tyne 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/Coverage in Newcastle upon Tyne
β¨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant groups on LinkedIn, and donβt be shy to reach out for informational chats. You never know who might have the inside scoop on job openings!
β¨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that youβre genuinely interested in being part of their team.
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. This will help you get comfortable with common questions and refine your answers, making you feel more confident when itβs time to shine.
β¨Tip Number 4
Donβt forget to follow up after interviews! A simple thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Associate/Senior Associate - D&O/Coverage in Newcastle upon Tyne
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your PQE and any relevant experience with D&O insurance to catch our eye!
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 our Professional and Commercial Risk team.
Showcase Your Client Handling Skills: We love candidates who can demonstrate excellent relationship management. Share examples of how you've successfully interacted with clients in the past, especially in complex situations.
Apply Through Our Website: Don't forget to submit your application through our website! Itβs the best way for us to receive your details and ensures youβre considered for this exciting opportunity.
How to prepare for a job interview at DAC Beachcroft LLP
β¨Know Your D&O Stuff
Make sure you brush up on your knowledge of Directors' and Officers' insurance. Understand the key coverage issues and recent trends in the industry. This will not only help you answer questions confidently but also show your genuine interest in the role.
β¨Showcase Your Client Handling Skills
Prepare examples that highlight your experience in dealing with clients, especially in complex situations. Think about times when you successfully navigated client relationships or resolved issues. This will demonstrate your ability to handle the day-to-day client interactions that are crucial for this role.
β¨Be Team-Oriented
Since the role involves working collaboratively with other specialists, be ready to discuss your experiences in team settings. Share examples of how you've supported colleagues or contributed to team success. This will show that you're a team player who can thrive in a collegiate environment.
β¨Demonstrate Your Commercial Awareness
Employers love candidates who understand the business side of things. Be prepared to discuss how legal issues impact clients commercially. Show that you can think beyond the law and consider the broader implications of your advice.