Insurance Solicitor
Full job description
First Recruitment Services
Salary: £66,000 – £72,000 per year
We are looking for an experienced Insurance Solicitor to join our client based near Sevenoaks.
Within this role you will assist the General Counsel providing legal advice and assistance to the Group.
Responsibilities:
• Reviewing, updating, drafting and advising on general insurance matters including binding authorities, claims handling agreements, Broker TOBAs, co-insurance & reinsurance agreements, AR and IAR agreements, outsourcing arrangements, aggregator and software house agreements
• Providing advice on FSMA and FCA regulatory requirements
• Reviewing, updating, drafting and advising on general commercial and other contracts for the supply and/or sale of goods or services agreements
• Review, update and improve procedures to ensure compliance with regulations
• Conducting legal research as required
• Keeping up to date with changes in legislation that may impact the Group
• Assisting with and advise on all other legal matters relating to Group companies
• Providing support on projects and legal issues as and when required
• Providing general assistance to the Group General Counsel
• Providing general assistance to internal business clients with legal related queries
• Liaising with internal clients in a timely, professional and courteous manner
• Dealing with contentious matters as and when required, including but not limited to drafting letters before action, settlement agreements and attending court or tribunal hearings
• Providing other general assistance as required
• Undertaking other reasonable responsibilities and projects as instructed by their line manager
• Where applicable, to adhere to Company processes with regard to FCA compliance and Treating Customers Fairly
• Where applicable, to ensure that DPA, FCA, FSC and other regulatory requirements are met.
Qualifications:
• Experienced Solicitor / Barrister with at least 5 years post qualification experience
• Insurance industry experience dealing with insurance contracts for brokers and/or insurers
• Good IT skills; thorough working knowledge of Microsoft Word, Excel, Internet Explorer and Outlook
Essential Skills:
• Excellent legal research skills – familiar with using legal resources
• Dynamic and driven individual with initiative and a ‘can-do’ attitude
• Excellent organisational skills and attention to detail
• Effective oral and written communication skills
• Ability to work well under pressure and with time constraints
• Ability to draft a diverse range of insurance/commercial agreements and documents in order to support the wide variety of businesses within the Group
• Ability to draft agreements from scratch without heavy reliance on precedents
• Participate in meetings and negotiations in the course of which contracts and agreements are developed with customers/suppliers.
• Ability to work to tight deadlines but at same time keeping work and advice to a high standard
• Ability to deliver legal advice to non-lawyers in a common-sense manner
• Ability to work comfortably autonomously and as part of a team
• Proactive and capable of working unsupervised
• You will have the ability to advise, engage and negotiate with all levels of the business and be capable of undertaking a wide and very varied caseload, balancing priorities accordingly.
Desirable Skills:
• In-house experience
• IT experience
• Lloyd’s experience
Please contact the First Recruitment Team for more information
First Recruitment Services is acting as an Employment Agency for this vacancy.
Whilst we will endeavour to contact you following your response due to the high volume of applications this cannot always be possible. If you have not had notification within 7 days unfortunately your application has not been successful but we will keep your details on file for future opportunities.
To apply for this job please visit definitejobs.co.uk.