Insurance & Reinsurance lawyer (from 2 years' PQE), London

A Pinsent Masons job vacancy

Introduction

Pinsent Masons is an international law firm with over 280 partners and a total of 1000 lawyers world-wide, providing a full range of corporate and commercial services. The firm ranks amongst the top 100 global law firms.

The team

The Insurance & Reinsurance Group is headed by Tim Burton and comprises 24 lawyers including 7 partners. 

The Group is a successful and expanding one, with a strong team ethos. It includes the UK's top 5 general insurers amongst its clients. And with insurance as one of the Firm's key areas, it has a significant profile within the Firm. 

As part of the Group's expansion it is now looking to recruit a lawyer who has from 2 years post qualification experience to work on a part-time basis in a job share role.

The candidate required

The ideal candidate will have a mixed background of contentious and non-contentious insurance/reinsurance work in the following areas. Impressive candidates with experience in some but not all of these areas will also be considered. They will have strong academics and be used to dealing with complex insurance issues. In addition they will have excellent communication and organisational skills coupled with a good sense of humour and able to contribute to the collegiate environment.

• Advising insurers, professionals and other corporate policyholders on insurance coverage issues
• Acting for insurers and professionals in relation to professional indemnity claims
• Drafting and advising on reinsurance agreements, policy wordings and other product documentation for general insurance products
• Advising on the application of the Financial Services and Markets Act 2000, the secondary legislation made thereunder and the rules of the Financial Services Authority to the business of insurers and intermediaries involved in the offer and sale of general insurance
• Drafting and negotiating distribution agreements for the sale of general insurance products for insurer and intermediary clients

Background

Insurance and Reinsurance is one of the key areas of practice for Pinsent Masons. This specialist Group provides high quality advice and assistance on every aspect of insurance and reinsurance, from the creation of new products and policy wording to resolving major disputes. Our leading team of lawyers advises both national and international risk carriers, intermediaries and corporate policyholders.

The Group is recommended in the insurance sector by the leading independent directories and is distinguished by the breadth of its service to this sector.

The Group has seven areas of practice:

• Insurance Projects
• Corporate Insurance
• Insurance Disputes
• Professional Liability
• Insurance Restructuring
• Reinsurance
• Financial Services & Regulation

Examples of recent work

Recent highlights of work undertaken within the Group include:

• Advising a FTSE 100 company on coverage issues concerning over 350 product liability claims arising from European distribution arrangements
• Advising an international engineering contractor on coverage issues in a US$50m claim against US insurers arising out of the construction of a European power plant
• Acting for a top 5 UK insurer restructuring capital allocation for a £100m GWP pa corporate partnership deal through reinsurance and retrocession arrangements
• Acting for Aviva group companies on a series of inter-connected corporate and commercial contracts resulting in Norwich Union Insurance, the UK's largest general insurer, becoming the primary provider of household, motor and travel insurance products to Barclays plc's 14 million UK retail customer base
• Acting for a leading UK general insurer on the appointment of a nationwide high street chain as its appointed representative and on the distribution of affinity insurance products through its sales network of high street stores, branded websites and call centres
• Defending a leading broker in relation to an E&O claim arising from the placement of reinsurance policies on behalf of various central American insurers impacted by Hurricanes Emily and Wilma
• Bringing successful arbitration proceedings on behalf of a broker against its professional liability insurers following a wrongful repudiation of cover concerning the scope of a notification of circumstances
• Defending London market brokers in relation to a series of disputes concerning the placement and operation of binding authorities in the French and Spanish markets
• Acting for a group of shareholders in relation to a £2.5m claim against leading accountants

See PinsentMasons.com to learn more about the firm behind OUT-LAW.COM and its Insurance and Reinsurance group.

How to apply

You can find and apply for this vacancy and many others at PinsentMasons.com.