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Senior Legal Counsel - Insurance Litigation
Job Posted: 11 hours ago
Salary: £ 140,000 - 140,000 / Annum
Job Type: Permanent
Location: City of London, London
Expire in: a month
Job Description
We have a new permanent opportunity for a UK qualified solicitor (@ 6 years PQE),with substantial insurance litigation experience gained in private practice or in house, to work as a Senior Legal Counsel (Litigation) for a high profile Lloyd's Insurance market brokers in the City of London.
They are offering a salary of upto £140,000 plus an excellent range of benefits - This is a hybrid working role - with the expectation you would be in their London office at least 1 day per week. They is also the possibility of only working 4 days per week ( pro rata)
This role requires experience in the insurance industry as you will be providing legal advice to the senior leadership team specifically around Errors and Omissions claims (E&O) and commercial disputes.
The aim of the role will be to minimise and appropriately manage legal risk and reputational damage to the business.
A general overview of your duties will include:
end to end management of E&Os: advising on, managing and resolving notified E&O matters, including reporting to and liaising with insurers, as appropriate
liaising with Group stakeholders, including the Group legal function, where E&Os require escalation and further reporting
working with other functions, identifying E&O trends and risk improvement measures, including the evaluation of different risk factors in business structure and operations
Managing and supervising external legal counsel as required and controlling and minimising external legal spend.
It is essential that you have in-house experience in the London Insurance market including:
A proven track record of leading on and managing a wide-ranging portfolio of complex disputes, including cross border jurisdiction.
Expertise in insurance law and insurance coverage disputes, particularly with a London Market focus, as our client is a London Market Lloyd's broker.
Ideally, additional experience in dealing with E&O claims against insurance brokers and/or other insurance professionals.
Therefore, if you are looking for an exciting challenge is a high profile organisation, please apply today for more details
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