Job Description
Senior Legal Counsel (Credit Risk & Political Risk)
Insurance Broker
£130K
London - Hybrid working
Key Responsibilities:
1. 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.
2. 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.
3. 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.
4. 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 ...