At a Glance
- Tasks: Provide legal support on insurance matters, drafting agreements and advising on regulatory issues.
- Company: Join a leading insurer known for its expertise in Marine, Aviation, Energy, and more.
- Benefits: Enjoy hybrid working options and competitive pay of £650 umbrella per day.
- Why this job: This role offers a chance to impact diverse sectors while working with a dynamic legal team.
- Qualifications: Must be England & Wales qualified with 3+ years of insurance legal experience.
- Other info: This is a 6-month contract with an ASAP start date.
The predicted salary is between 46800 - 62400 £ per year.
A leading insurer is looking to hire an Insurance Lawyer with UK regulatory experience on a 6-month contract. The client is looking to hire a contractor with a minimum of 3+ years of experience to provide legal support to their UK legal team. In this role, you will focus on insurance legal matters across Marine, Aviation, Energy, Construction, and Credit Lines.
The ideal candidate would have a background in private practice or in-house experience advising on UK insurance regulatory frameworks, and experience in drafting insurance agreements. This is an ASAP start, 6-month contract and is hybrid working from the client's City office.
Responsibilities:- Draft and review various agreements including:
- Delegated Underwriting Authority (DUA) agreements
- Terms of Business Agreements (TOBAs)
- Facility Agreements
- Claims Handling Agreements
- Binding Agreements
- England & Wales qualified, or common law qualified.
- Minimum 3+ years of relevant insurance legal experience
- Experience in UK insurance regulatory matters
Interim Insurance Counsel (£650 umbrella p.d) employer: Major, Lindsey & Africa
Contact Detail:
Major, Lindsey & Africa Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Insurance Counsel (£650 umbrella p.d)
✨Tip Number 1
Network with professionals in the insurance sector, especially those who have experience in UK regulatory matters. Attend industry events or webinars to connect with potential colleagues and learn more about the current trends in insurance law.
✨Tip Number 2
Familiarise yourself with the latest developments in UK insurance regulations. This will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 3
Prepare to discuss specific cases or projects where you've successfully drafted insurance agreements or provided legal counsel on regulatory issues. Real-life examples can showcase your expertise and make you stand out.
✨Tip Number 4
Research the company’s recent activities and challenges in the insurance market. Tailoring your conversation to their specific needs during interviews can show that you're proactive and genuinely interested in contributing to their team.
We think you need these skills to ace Interim Insurance Counsel (£650 umbrella p.d)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in insurance law, particularly focusing on UK regulatory matters. Include specific examples of your work with Delegated Underwriting Authority agreements and other relevant documents.
Craft a Strong Cover Letter: Write a cover letter that clearly outlines your qualifications for the role. Emphasise your 3+ years of experience and any specific cases or projects that demonstrate your expertise in drafting insurance agreements.
Highlight Relevant Skills: In your application, be sure to mention skills that are particularly relevant to the role, such as your ability to provide counsel on agency and distribution issues, and your experience supporting legal teams in day-to-day matters.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A polished application reflects your attention to detail, which is crucial in the legal field.
How to prepare for a job interview at Major, Lindsey & Africa
✨Know Your Regulatory Frameworks
Make sure you brush up on UK insurance regulatory frameworks before the interview. Being able to discuss specific regulations and how they apply to the role will show your expertise and readiness for the position.
✨Prepare for Technical Questions
Expect questions related to drafting agreements like Delegated Underwriting Authority (DUA) and Terms of Business Agreements (TOBAs). Be ready to explain your experience with these documents and any challenges you've faced in the past.
✨Showcase Your Relevant Experience
Highlight your 3+ years of experience in insurance law, especially if you have worked in private practice or in-house. Use specific examples to demonstrate how your background aligns with the responsibilities outlined in the job description.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's legal team and their current projects. This not only shows your interest in the role but also gives you a chance to assess if the company is the right fit for you.