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    Senior Legal Counsel - London, United Kingdom - Berkshire Hathaway Specialty Insurance

    Berkshire Hathaway Specialty Insurance
    Berkshire Hathaway Specialty Insurance London, United Kingdom

    1 week ago

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    Description

    Job Opportunity:

    Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Legal Counsel to join the European product wordings team. This role will report to the Chief Counsel, Product Wordings, Europe, and assist the wider product team in supporting BHSI teammates in Europe on a variety of Executive and Professional lines underwriting queries. This role will also require collaboration with the global Legal, Risk, Compliance and Governance teammates and directly with the business. More experienced candidates may be considered for a Senior Legal Counsel role.

    Duties & Responsibilities:

  • Assist Underwriters to develop new insurance products in Executive and Professional Lines
  • Amend insurance documentation in response to legal and regulatory change
  • Draft, negotiate and amend policy wordings and related documentation (e.g. quotation documents and IPID) as required
  • Lead negotiations regarding wordings with business partners and brokers
  • Keep abreast of legal and regulatory developments and inform underwriters of these and arrange training as required
  • Instruct external counsel as appropriate to provide advice on specialist topics
  • Deliver training and coaching to underwriters and claims colleagues to improve wordings
  • Keep up to date with regulatory developments and feed these into drafting and legal advice
  • Respond to demands for legal support from underwriters and prioritise work in line with business objectives
  • Maintain strong relationships and regular communication with stakeholders including underwriters, brokers and service providers to ensure effective communications.

    • Qualifications, Skills and Experience:

  • Qualified solicitor in England and Wales with a minimum of 5 years' insurance wordings/coverage experience
  • Technical insurance knowledge across one or more product lines including experience of international and multinational contracts
  • Knowledge of insurance regulatory and licensing considerations
  • General legal knowledge of topics such as GDPR and insurance distribution
  • Understanding of the London and European company markets and the Lloyd's market
  • Proficiency with SharePoint, Excel and Word
  • Excellent communication, organisational, time management and project management skills
  • Fluent English. Additional European language is desirable but not essential.

    • BHSI Offers:

  • A competitive package and exciting growth opportunities for career-oriented teammates
  • A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders
  • A purposely non-bureaucratic organisation that embraces simplicity over complexity and emphasises individual excellence in a team framework
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