At a Glance
- Tasks: Provide high-quality legal advice on complex insurance matters and manage external lawyers.
- Company: Join Travelers, a leading property casualty insurer with over 160 years of innovation and collaboration.
- Benefits: Enjoy private medical insurance, generous holiday entitlement, and a wellness programme.
- Why this job: Be part of a supportive team that values professional development and community involvement.
- Qualifications: Must be a qualified solicitor or barrister with UK insurance market experience.
- Other info: Opportunity to mentor junior lawyers and engage in meaningful legal work.
The predicted salary is between 43200 - 72000 £ per year.
Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
What Is the Opportunity? Travelers is seeking a Legal Counsel to join our team in our London office, offering an exciting opportunity to provide high-quality legal advice on complex and financially significant matters within the UK insurance market. This role involves advising senior business clients, managing external lawyers, and providing strategic guidance on professional indemnity, financial lines, and cyber/technology matters. You'll proactively identify and mitigate risks, draft and negotiate legal documents, and stay informed on legal developments to deliver effective solutions.
We're looking for a qualified solicitor or barrister with a current practising certificate and experience of working with or in the Lloyd’s or London market on insurance coverage disputes, primarily in the areas of professional risks, financial lines, and cyber/technology. Strong skills in negotiation, communication, and analysis are essential. The ideal candidate will demonstrate exceptional legal acumen, a proactive mindset, and the ability to manage complex legal issues independently.
If you're ready to join a collaborative team committed to delivering outstanding legal services, apply now and take the next step in your career with Travelers.
What Will You Do?
- Provides high quality, cost effective legal advice and recommendations for action to business clients regarding moderately complex matters which have or may have a financial impact on business activities and operations.
- Researches legal precedents and principles within area of specialisation or expertise.
- Identifies unique issues in assigned matters and recommends appropriate responses to those issues.
- Proactively identifies and communicates risk to internal and/or external customers and provides recommendations on how to mitigate that risk.
- Responsible for managing external lawyers and advising senior business clients on financially significant and complex matters.
- Works with inside and/or outside lawyers to research legal requirements, issues and consults on legal strategies within area of specialisation or expertise.
- Drafts, negotiates and executes legal documents.
- Maintains awareness of judicial climate and legal developments through the review of legal publications, on-line documentation and attendance at seminars and conferences.
- Builds and maintains strong internal and external client relationships.
- May act as mentor and coach to less senior lawyers, paralegal/staff; explains issues, ideas and concepts that are incorporated into work assignments.
- Makes effective use of technology and automation in the practice of law.
- Ensures timely submission of work product as required.
- When required, reviews and approves invoices for retained lawyers to ensure appropriate expenses incurred and compliance with corporate retention agreement.
- Provide advice and training to claim partners and clients.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- UK qualification preferred.
- Articulate presentation skills, with comfort and skill employing technology.
- Strong and persuasive legal writing skills and oral advocacy skills.
- Ability to clearly and succinctly articulate position.
- Ability to effectively understand and utilise technology and automation resources, including, but not limited to, Microsoft Office Products, Voice Recognition Technology, and other office management programmes.
- Independent ability to analyse legal issues with minimal supervision.
- Appreciation for and commitment to delivery of high quality legal work.
- Works collaboratively with team members and others.
- Demonstrates superior legal acumen.
- Demonstrates personal commitment to professional development.
- Personal integrity and adherence to a high degree of professionalism and ethical competency.
- Strong research skills.
- Strong negotiation skills.
- Multi-tasking tolerance and success.
- Decision making and problem solving abilities.
- Sense of urgency/responsiveness.
- A UK qualified Solicitor or Barrister.
What is a Must Have?
- A qualified solicitor or barrister with a current practicing certificate and/or relevant qualifications together with UK insurance market experience.
- Good working knowledge of professional risks, financial lines, marine and/or liability products, business products and services, property and casualty, cyber/technology together with knowledge of the Lloyd's and London Insurance market.
- Legal Degree (or equivalent).
What Is in It for You?
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting.
Claim Legal Counsel employer: Travelers
Contact Detail:
Travelers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claim Legal Counsel
✨Tip Number 1
Familiarise yourself with the latest developments in UK insurance law, particularly in professional indemnity and cyber/technology matters. This will not only enhance your knowledge but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the Lloyd’s and London insurance market. Attend industry events or seminars where you can meet potential colleagues and learn more about the culture at Travelers. Building these connections can give you insights that may be beneficial during the interview process.
✨Tip Number 3
Prepare to discuss specific cases or experiences where you've successfully managed complex legal issues. Highlight your negotiation skills and how you've effectively communicated with senior business clients, as these are key aspects of the role.
✨Tip Number 4
Showcase your ability to work collaboratively by providing examples of how you've mentored or coached less experienced colleagues. This aligns with the team-oriented culture at Travelers and demonstrates your leadership potential.
We think you need these skills to ace Claim Legal Counsel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a solicitor or barrister, particularly your experience in the UK insurance market. Emphasise your skills in negotiation, communication, and legal analysis, as these are crucial for the role.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the position at Travelers. Discuss your relevant experience with professional indemnity, financial lines, and cyber/technology matters, and how you can contribute to their team.
Showcase Legal Acumen: Provide specific examples of complex legal issues you've managed in the past. Highlight your ability to identify risks and propose effective solutions, as this aligns with the responsibilities of the role.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Ensure there are no grammatical errors or typos, as strong writing skills are essential for this position. A polished application reflects your attention to detail.
How to prepare for a job interview at Travelers
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of professional risks, financial lines, and cyber/technology law. Be prepared to discuss recent legal developments in these areas, as well as how they impact the insurance market.
✨Showcase Your Negotiation Skills
Since strong negotiation skills are essential for this role, think of examples from your past experiences where you successfully negotiated terms or resolved disputes. Be ready to explain your approach and the outcomes.
✨Demonstrate Your Proactive Mindset
Travelers values candidates who can identify and mitigate risks before they become issues. Prepare to share instances where you proactively addressed potential legal challenges and the strategies you employed.
✨Build Rapport with Interviewers
This role involves advising senior business clients, so it's important to demonstrate your ability to build strong relationships. Practice engaging with your interviewers, showing your communication skills and ability to connect on a personal level.