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This is an exciting opportunity for an insurance or professional indemnity lawyer to join a top law firm within the general counsel team.
Client Details
Our client is a prestigious International law firm.
Description
- Undertaking an initial review and analysis of professional indemnity matters and reporting to the PI partners and/or the General Counsel on the merits.
- Notifying new circumstances and claims to the Firm's insurers and brokers and liaising with them in respect of on-going claims reporting.
- Considering and advising the Firm in respect of any insurance coverage issues and liaising with brokers and insurers as appropriate in relation to such issues.
- Considering connected professional conduct obligations and reporting to/liaising with the COLP and General Counsel in respect of such matters.
- Recommending appropriate claims and costs reserves, where appropriate.
- Providing support with the management and resolution of circumstances/claims and liaising with panel solicitors where necessary.
- Maintaining the Firm's internal claims bordereaux.
- Assisting with the management and resolution of client complaints.
- Assisting with the Firm's PI renewal process, including attending meetings with insurers and brokers, and preparing proposal information.
- Capturing and monitoring key 'trends' and conducting 'root cause analysis' to suggest amendments to approach and processes.
- Monitoring emerging claims risks (internally and externally).
- Provide training to fee earners and business services in relation to PI risks.
- Keep abreast of current legal and regulatory risk guidance, consultations and best practice, including that issued by the SRA, the Law Society and updates in relevant jurisdictions, and ensure that fee earners/staff are kept up to date with any significant changes.
Profile
Key requirements:
- A qualified solicitor 3-4 years' post-qualification experience dealing with law firm professional indemnity matters (either in a fee earning or in-house role).
- Experienced in dealing with PI insurers and brokers and with a related strong understanding of the operation of the PI insurance market (and overlap with other areas of insurance).
- Knowledge of the SRA's Standards and Regulations with particular reference to matters relevant in the context of typical PI issues.
Job Offer
- An attractive salary range
- A collaborative and supportive work environment
- Opportunities for professional growth and development
- A role based in a vibrant location
- The chance to work in a top International law firm
We encourage all candidates who believe they meet the above criteria to apply
