At a Glance
- Tasks: Handle complex D&O insurance cases and provide expert coverage advice.
- Company: Join a top-tier professional indemnity team in Newcastle.
- Benefits: Permanent position with opportunities for growth and development.
- Other info: Collaborative environment with a focus on continuous learning and career advancement.
- Why this job: Make an impact in a leading firm while working with top insurer clients.
- Qualifications: 3+ years' PQE in insurance, strong client handling skills, and a proactive approach.
The predicted salary is between 45000 - 55000 £ per year.
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 provide 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.
Skills, Knowledge and Expertise
- 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 employer: Job Search Place Limited
At DAC Beachcroft, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Newcastle that fosters collaboration and professional growth. Our tier 1 ranked professional indemnity team provides employees with the opportunity to engage with leading insurer clients and handle complex D&O cases, all while benefiting from comprehensive training and development programmes. Join us to be part of a supportive culture that values innovation and teamwork, ensuring you thrive in your legal career.
StudySmarter Expert Advice🤫
We think this is how you could land Associate/Senior Associate - D&O/Coverage
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to professionals in D&O insurance. Building relationships can open doors that a CV just can't.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience with financial lines policies and D&O coverage. Share specific examples of how you've tackled complex cases or provided valuable advice to clients.
✨Be Ready for the Interview
Prepare for interviews by brushing up on current trends in D&O insurance and related legal issues. Think about how you can demonstrate your client handling skills and your ability to work collaboratively with other specialists.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our firm.
We think you need these skills to ace Associate/Senior Associate - D&O/Coverage
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Associate/Senior Associate role. Highlight your experience in D&O insurance and any relevant skills that match the job description. We want to see how you can contribute to our top-tier team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about D&O insurance and how your background makes you a perfect fit for our team. Keep it engaging and professional, just like the work we do.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Whether it's a successful case or a client relationship you've built, we love to see how you've made an impact in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Job Search Place Limited
✨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 market. Being able to discuss specific cases or changes in legislation will show that you're not just familiar with the basics, but that you're genuinely engaged with the field.
✨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 tricky conversations or provided clear legal advice. This will demonstrate your ability to maintain strong client relationships, which is crucial for this role.
✨Collaborative Spirit is Key
Since the role involves working with specialists from other teams, be ready to discuss how you've collaborated in the past. Share specific instances where teamwork led to successful outcomes. This will show that you can work well in a team-oriented environment, which is essential for their ambitious goals.
✨Stay Updated and Be Proactive
Demonstrate your commitment to continuous learning by mentioning any recent training sessions or relevant publications you've engaged with. Showing that you exceed CPD requirements and are proactive about your professional development will impress them and align with their expectations for technical knowledge.
