Senior Legal Counsel (Credit Risk & Political Risk)
Senior Legal Counsel (Credit Risk & Political Risk)

Senior Legal Counsel (Credit Risk & Political Risk)

Milton Keynes Full-Time 78000 - 130000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join us as a Senior Legal Counsel, advising on insurance claims and policy management.
  • Company: We are a leading insurance broker based in London, offering hybrid working options.
  • Benefits: Enjoy a competitive salary of £130K and flexible working arrangements.
  • Why this job: Be part of a dynamic team, shaping insurance practices and making a real impact.
  • Qualifications: Must be a qualified solicitor with at least 4 years of experience in insurance or finance.
  • Other info: Diversity and inclusion are at our core; all qualified candidates are encouraged to apply.

The predicted salary is between 78000 - 130000 £ per year.

Insurance Broker

£130K

London - Hybrid working

Key Responsibilities:

  • Policy management advisory function: supporting the broking team and Head of Claims following the occurrence of circumstances that may give rise to a claim. E.g. advising on the Insured's obligations, monitoring loss minimisation developments (including lengthy transaction restructuring negotiations, for example) in order to keep insurers updated, managing relevant time limits.
  • Claims advisory role: working alongside Head of Claims with the presentation of claims and loss adjustment process. Drafting Release and Settlement Agreements. Engagement with clients and insurers regarding recoveries.
  • Insurance policy wording specialist: drafting/revising insurance policy wordings to meet our clients' specific requirements either for a given underlying transaction or as an overarching template. Considering legal issues and insurance practice. Working alongside brokers to support them in discussions with clients and Underwriters.
  • Provision of in-house training: on insurance law matters, wordings, dispute resolution. This takes the form of longer thematic training and more regular short-form informal sessions to share knowledge gained through recent wordings/claims work. Preparing internal briefing notes on key topics. Additionally (less frequently) providing training to clients on insurance law matters and their policy wordings.
  • In-house legal function: advising on a range of contracts to which the company is a party, including client and Insurer NDAs, Terms of Business Agreements as well as non-insurance related commercial contracts.
  • Participating in regular peer reviews of insurance policies placed and contributing to the continuous improvement of legal processes and best practices within the group.

Skills/Qualifications:

  • Relevant professional qualifications - England and Wales qualified solicitor.
  • Minimum 4 years of relevant legal experience in insurance or finance.
  • Knowledge of the workings of banks and their distribution of loans into the insurance markets for capital relief purposes is a plus.
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Contact Detail:

Robert Half Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Legal Counsel (Credit Risk & Political Risk)

✨Tip Number 1

Network with professionals in the insurance and legal sectors. Attend industry events, webinars, or local meetups to connect with people who might have insights into the role of Senior Legal Counsel. Building relationships can often lead to referrals or insider information about job openings.

✨Tip Number 2

Stay updated on current trends in insurance law and credit risk management. Follow relevant publications, blogs, and thought leaders on social media. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.

✨Tip Number 3

Prepare for potential interview scenarios by practising how you would handle specific legal challenges related to claims and policy management. Think about real-life examples from your experience that showcase your problem-solving skills and ability to work under pressure.

✨Tip Number 4

Familiarise yourself with StudySmarter's values and mission. Understanding our culture and how we operate will help you tailor your discussions during the interview process, showing that you're not just a fit for the role, but also for our team.

We think you need these skills to ace Senior Legal Counsel (Credit Risk & Political Risk)

Legal Expertise in Insurance Law
Contract Drafting and Negotiation
Claims Management
Policy Wording Development
Risk Assessment
Client Relationship Management
Training and Development Skills
Attention to Detail
Analytical Thinking
Communication Skills
Knowledge of Financial Regulations
Problem-Solving Skills
Team Collaboration
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant legal experience, particularly in insurance and finance. Emphasise your qualifications as a solicitor and any specific experience with credit risk or political risk.

Craft a Compelling Cover Letter: In your cover letter, address the key responsibilities outlined in the job description. Discuss your experience in policy management, claims advisory roles, and drafting insurance policy wordings. Show how your skills align with the company's needs.

Showcase Relevant Skills: Highlight your knowledge of insurance law, contract negotiation, and training capabilities. Mention any experience you have with banks and their loan distribution processes, as this is a plus for the role.

Proofread and Edit: Before submitting your application, carefully proofread your documents. Ensure there are no grammatical errors or typos, as attention to detail is crucial in legal roles. A polished application reflects your professionalism.

How to prepare for a job interview at Robert Half

✨Know Your Legal Stuff

Make sure you're well-versed in insurance law and the specifics of credit risk and political risk. Brush up on relevant case studies and recent developments in the field, as this will show your expertise and commitment to the role.

✨Prepare for Scenario Questions

Expect to be asked about how you would handle specific situations related to claims management or policy wording. Think through potential scenarios and prepare structured responses that highlight your problem-solving skills and legal knowledge.

✨Showcase Your Communication Skills

As a Senior Legal Counsel, you'll need to communicate complex legal concepts clearly. Be ready to demonstrate your ability to explain legal terms to non-legal stakeholders, such as clients and brokers, during the interview.

✨Highlight Your Training Experience

Since part of the role involves providing training, be prepared to discuss any previous experience you've had in training or mentoring others. Share examples of how you've successfully conveyed complex information in an engaging way.

Senior Legal Counsel (Credit Risk & Political Risk)
Robert Half
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  • Senior Legal Counsel (Credit Risk & Political Risk)

    Milton Keynes
    Full-Time
    78000 - 130000 £ / year (est.)

    Application deadline: 2027-06-15

  • R

    Robert Half

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