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- Tasks: Provide legal support on insurance matters across various sectors.
- Company: Join a leading insurer known for its innovative approach.
- Benefits: Enjoy hybrid working and competitive pay of £650 per day.
- Why this job: Make an impact in a dynamic legal team with diverse challenges.
- Qualifications: Must be qualified in England & Wales with 3+ years of insurance law experience.
- Other info: This is a 6-month contract with an ASAP start.
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
Required Experience:
- 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 enhance your knowledge but also demonstrate your commitment and expertise during any discussions with the hiring team.
✨Tip Number 3
Prepare to discuss specific cases or projects where you successfully drafted insurance agreements or provided counsel on regulatory issues. Real-life examples can significantly strengthen your position during interviews.
✨Tip Number 4
Showcase your adaptability and readiness for hybrid working arrangements. Highlight any previous experiences where you effectively managed remote work while collaborating with teams, as this is crucial for the role.
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 Marine, Aviation, Energy, Construction, and Credit Lines.
Craft a Strong Cover Letter: Write a cover letter that directly addresses the requirements of the role. Emphasise your 3+ years of experience and any specific cases or agreements you have worked on that relate to the responsibilities listed in the job description.
Highlight Relevant Skills: In your application, clearly outline your skills in drafting and reviewing agreements such as DUA, TOBAs, and Binding Agreements. Mention your ability to provide counsel on agency and distribution issues.
Showcase Your Qualifications: Ensure you mention your qualifications, specifically being England & Wales qualified or common law qualified. This is crucial for demonstrating your eligibility for the role.
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 about 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 of the role.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's legal team and their current projects. This shows your interest in the role and helps you understand how you can contribute effectively from day one.
