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Professional Indemnity Lawyer

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Travelers

10d ago

  • Job
    Full-time
    Junior & Mid Level
  • Consulting
    Legal
  • London

AI generated summary

  • You should have experience in Financial lines and Solicitors professional negligence claims, strong communication skills, and be a qualified legal professional with ACII preferred.
  • You will manage claims, investigate policy coverage, advise insureds, negotiate settlements, collaborate with teams, and strengthen client relationships for optimal outcomes.

Requirements

  • Thorough experience and sound judgment handling Financial lines claims 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.
  • Must be a qualified Solicitor, Barrister or Legal Executive.
  • Experience in Professional/Financial Lines/Insurance Litigation.
  • Some prior insurance claim related activity experience (e.g. Solicitor, 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

Is this position primarily remote or office-based?

This role supports a hybrid work arrangement, requiring employees to work three days a week in the office and two days at home.

What kind of legal background do I need to apply for this position?

You must be a qualified Solicitor, Barrister, or Legal Executive with experience in Professional/Financial Lines/Insurance Litigation.

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

You will be managing a case load of Professional Indemnity claims, with a strong emphasis on Solicitors professional negligence claims.

Is there an opportunity for career development within this role?

Yes, this role is an ideal next step for those looking for an intellectually challenging position within a kind and supportive team dedicated to growing talented individuals.

What is the referral bonus for this position?

There is a new hire referral bonus of £1500 available if you are referred successfully by a current employee at Travelers Europe.

What benefits are offered in this position?

Benefits include private medical insurance, a retirement plan with company contributions, a minimum of 25 days holiday entitlement, a wellness programme, and volunteer encouragement initiatives.

How many holidays do employees receive annually?

Employees start with a minimum of 25 days of holiday entitlement annually, with the opportunity to purchase additional days for a total of up to 35 holidays per year.

What kind of training or support can I expect?

You will work as part of a supportive, collaborative team, providing and receiving assistance from team members and fully participating in individual and shared project work.

Is there a requirement for prior insurance claim experience?

Yes, some prior insurance claim-related activity experience, such as working as a solicitor, paralegal, or in insurance operations, is required.

What are the core values of Travelers Europe?

The core values include being committed, connected, creative, and energized, which contribute to making Travelers Europe a great place to work.

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.