At a Glance
- Tasks: Advise on high-value insurance policies and prevent litigation through expert insights.
- Company: Leading global insurer with a focus on innovation and collaboration.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Opportunity to train and influence stakeholders on legislative changes.
- Why this job: Join a dynamic legal team and make a real impact in the insurance industry.
- Qualifications: Qualified lawyer with 6+ years of insurance litigation experience.
The predicted salary is between 70000 - 85000 £ per year.
The client: A unique opportunity has arisen with a leading global insurer for a lawyer with insurance litigation experience. As an experienced insurance litigator, you will support the senior stakeholders with front-end advice on high value insurance and reinsurance policies to identify potential gaps/pitfalls before they are issued. The role will be so much more, see below for details! This individual will become a crucial member of the legal team, advising senior stakeholders across the business globally.
Key responsibilities:
- Engage with the claims team who will seek informal advice on various matters.
- Stay informed about ongoing claims and provide insights to help underwriters prevent similar issues in the future.
- Provide advice, drafting, and negotiating a wide variety of commercial and underwriting agreements, including policy wordings.
- Assist underwriters when they act as insurers for specific accounts by ensuring the insurance agreements are accurately worded in a way to avoid future litigation.
- Provide training to the business on upcoming changes in legislation and how it impacts their products and underwriting/claims processes.
The successful candidate:
- Qualified lawyer with 6 years'+ experience as an insurance litigator gained in-house and/or in private practice.
- Solid understanding of insurance law would be highly preferable but not a prerequisite.
- Please note that PQE is only used as a guide in this case. Candidates outside of this range with the prerequisite experience can apply.
Insurance Account Lead in City of London employer: Taylor Root
At Taylor Root, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters creativity and collaboration in the heart of London. Our commitment to employee growth is evident through tailored development opportunities and a supportive environment where innovative legal solutions thrive. Join us to be part of a forward-thinking team that values your expertise and encourages meaningful contributions to our exciting creative business.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Account Lead in City of London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Taylor Root). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Taylor Root. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Account Lead in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Taylor Root.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Taylor Root. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Taylor Root
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Taylor Root to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Taylor Root, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Taylor Root's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
