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- Tasks: Provide legal support on insurance matters, drafting agreements and advising on regulatory issues.
- Company: Join a leading insurer known for its innovative approach in the insurance sector.
- Benefits: Enjoy hybrid working options and competitive pay of £650 umbrella per day.
- Why this job: This role offers a chance to work on diverse legal matters in a dynamic environment.
- 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 - 78000 £ 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. Being well-versed in recent changes will not only boost your confidence but also demonstrate your commitment to staying updated in this fast-paced field.
✨Tip Number 3
Prepare to discuss specific cases or projects where you've successfully drafted insurance agreements or provided counsel on regulatory issues. Real-life examples can showcase your expertise and make you stand out during interviews.
✨Tip Number 4
Research the company’s recent activities and challenges in the insurance market. Understanding their position and how you can contribute will help you tailor your discussions and show that you're genuinely interested in 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 your qualifications as an England & Wales or common law qualified lawyer. Mention your familiarity with drafting various agreements and providing counsel on legal issues.
Showcase Relevant Skills: In your application, highlight skills that are crucial for this role, such as your ability to draft and review agreements like DUA and TOBAs, and your experience in advising on agency and distribution issues.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential 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 DUAs and TOBAs. Be ready to explain your experience with these documents and provide examples of how you've handled similar tasks in previous roles.
✨Showcase Your Relevant Experience
Highlight your 3+ years of experience in insurance law, especially any work in Marine, Aviation, Energy, Construction, or Credit Lines. Tailor your responses 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 challenges. This not only shows your interest in the role but also helps you gauge if the company is the right fit for you.
