Political and Credit Wordings & Legal Expert within Underwriting team

  • Location:

    London

  • Sector:

    Financial Services, Insurance

  • Job type:

    Permanent

  • Salary:

    £50,000 - £75,000 (F.T.E.)

  • Contact:

    Sandra Isaac

  • Contact email:

    sandra.isaac@chaucerplc.com

  • Job ref:

    PC

  • Published:

    20 days ago

  • Expiry date:

    22/11/2019

  • Client:

    Chaucer

  • Hours per day:

    4, 7, 8

  • Work preference:

    Office, Home, Flexible

  • Days per week:

    3, 4, 5, Flexible

Working in the Political and Credit Risk Underwriting Team, this role is responsible for Legal and Wordings oversight and standards improvement throughout the Team.
This position is open to candidates seeking either a fulltime (including the option of flexible hours) or parttime. We also welcome and provide full support for new employees returning to work after an extended career break.

MAIN RESPONSIBILITIES
• Provide support to underwriters on drafting of wordings/ clauses / endorsements, confidentiality agreements and review of contract documentation and legal opinions
• Provide training to team on legal and regulatory issues aff ecting the clients and their insurances
• Providing support to underwriters in review and amendments to NDAs / Confidentiality Agreements
• Join underwriters on calls and in meetings with clients, brokers and lawyers to discuss wordings
• Assist underwriters with review of contractual documentation and legal opinions
• Present within team meetings (& internal management as required) on pertinent legal issues impacting the business
• Keep up-to-date with market legal activity/ issues
• Ad hoc support; legal focused project work
• Compliance with Lloyd’s regulations and byelaws
• Represent Chaucer Political and Credit team at relevant market forums

OUR REQUIREMENTS
RELEVANT EXPERIENCE

Essential:

• Experience working in insurance division within legal firm, with knowledge of insurance law, including Insurance Act 2015
Desirable:
• Exposure to credit and political risk insurance and/or experience working with bank on contract documentation

TECHNICAL SKILLS
Essential:
• Microsoft Office, including PowerPoint and Word

EDUCATION AND QUALIFICATIONS
Essential
• Legal Qualification or relevant/sufficient experience

PERSONAL SKILLS
• Well-presented and business-like
• Professional outlook
• Flexible
• Very good interpersonal skills
• Good communication and presentation skills with the ability to liaise at all levels
• Work as part of a team
• Adapt to a pressured environment
• Self-motivated / able to work eff ectively away from the office

To apply, click on the apply button below and upload your CV and covering letter.