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Professional Indemnity Lawyer

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Travelers

Sep 11

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Legal
  • Manchester
  • Quick Apply

AI generated summary

  • You need strong experience in solicitors' professional negligence claims, a legal degree, insurance certification preferred, advanced communication skills, and some prior insurance activity.
  • You will manage claims, conduct investigations, provide legal assistance, negotiate settlements, collaborate with stakeholders, and support team projects for optimal outcomes.

Requirements

  • Thorough experience and sound judgment handling Financial lines of business with a strong emphasis on Solicitors professional negligence claims.
  • Thorough technical expertise with proven track record managing key client accounts, addressing trends and issues affecting their business and mitigating risks and exposures preferred.
  • Advanced communication skills.
  • Intermediate strategic planning.
  • Intermediate business perspective.
  • Intermediate ability to build collaborative relationships.
  • Intermediate openness to influence, flexibility.
  • Intermediate team work.
  • Advanced credibility.
  • ACII or equivalent insurance certification preferred.
  • Legal Degree / LLB (or equivalent) is required.
  • Qualified Solicitor, Barrister or Legal Executive.
  • Some prior insurance related activity experience (e.g. paralegal, insurance operations, insurance broker).

Responsibilities

  • Manages claims on a day-to-day basis, which includes carrying out early, appropriate investigations in respect of policy coverage, liability and quantum and setting reserves.
  • Provides legal assistance to our insureds, working with them to develop appropriate strategy for an optimal outcome.
  • Builds relationships with our clients communicating position on cover and strategy.
  • Negotiates settlement of claims.
  • Ensures our vendors provide a market leading, cost effective service to our customers and the company.
  • Works as part of a supportive, collaborative and high performing team, providing such support as required by other members of the team and fully participates in individual and shared project work.
  • Builds relationships with stakeholders across the organisation including underwriters, risk management, and actuarial to facilitate the collaborative approach to creating solutions and optimal outcomes.
  • Partners with Client Relationship team and Underwriting to develop and strengthen relationships with our customers.

FAQs

Where is the Professional Indemnity Lawyer position located?

The position is available in either our London or Manchester office.

What type of claims will I be managing in this role?

You will manage a case load specializing in Professional and Financial Lines claims.

What qualifications are necessary for this role?

A legal degree (LLB or equivalent) and qualification as a Solicitor, Barrister, or Legal Executive are required.

Is prior insurance experience necessary for this position?

Some prior insurance-related experience, such as working as a paralegal or in insurance operations, is preferred.

What are the working arrangements for this role?

Travelers Europe offers flexibility with a hybrid work arrangement, requiring full-time employees to work three days a week in the office and two days at home.

What support will I receive as part of the team?

You will work as part of a supportive and collaborative team, providing assistance to other members and participating in project work.

Are there opportunities for professional development in this role?

Yes, the environment is dedicated to growing talented individuals and supports intellectual challenges.

What is the referral bonus for this position?

There is a new hire referral bonus of £1500, which both you and the referring employee could be eligible for if selected.

What benefits are offered to employees?

Benefits include private medical insurance, a retirement plan, holiday entitlement, a wellness program, and encouraging volunteerism.

What key skills are desired for the ideal candidate?

Desired skills include advanced communication abilities, technical expertise in professional negligence claims, and the ability to build collaborative relationships.

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Travelers

Travelers – taking care of our customers, communities and each other.

Finance
Industry
10,001+
Employees
1853
Founded Year

Mission & Purpose

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other. Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers. Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount. By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.