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Professional Indemnity Lawyer

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Travelers

Sep 11

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

AI generated summary

  • You need post-qualification experience, expertise in solicitors' professional negligence, strong communication skills, a legal degree, and insurance experience. Hybrid work model offered.
  • You will manage claims, conduct investigations, negotiate settlements, build client relationships, ensure vendor efficiency, and collaborate with internal teams for optimal outcomes.

Requirements

  • - Professional Indemnity Lawyer position
  • - Join in-house team in London or Manchester office
  • - Manage claims of Professional and Financial Lines claims
  • - Investigate claims, develop claim strategy, and set reserves
  • - Ideal for someone with post qualification experience
  • - Work three days in office and two days at home
  • - Eligible for new hire referral bonus of £1500
  • - Manage claims including investigations, legal assistance, negotiations, and overseeing vendors
  • - Collaborate with team and stakeholders across organization
  • - Thorough experience with Solicitors professional negligence claims
  • - Advanced communication and strategic planning skills
  • - Must have Legal Degree and insurance related activity experience
  • - Benefits include private medical insurance, retirement contribution, holiday entitlement, wellness program, and volunteer encouragement

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 organization 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

What locations are available for the Professional Indemnity Lawyer position?

The available locations for this position are London and Manchester.

What type of claims will the Professional Indemnity Lawyer manage?

The lawyer will manage Professional and Financial Lines claims.

What is the expected workload for this role?

The role involves managing a caseload of interesting and challenging claims.

What experience is required for this position?

Candidates should have a legal degree and be a qualified Solicitor, Barrister, or Legal Executive, along with some post-qualification experience.

Is there an opportunity for career growth within the team?

Yes, the team is dedicated to growing talented individuals and offers a supportive environment for career development.

What is the hybrid work arrangement policy?

Travelers Europe allows full-time employees to work three days a week in the office and two days at home, with part-time employees working on a pro-rata basis.

Are there any bonuses for employee referrals?

Yes, there is a new hire referral bonus of £1500 for both the new employee and the current employee who refers them.

What are the key responsibilities of the Professional Indemnity Lawyer?

Responsibilities include managing claims, investigating them, developing claim strategies, negotiating settlements, and building relationships with clients and stakeholders.

What are some preferred qualifications for candidates?

Preferred qualifications include thorough experience handling Financial lines of business, advanced communication skills, and ACII or equivalent insurance certification.

What benefits does Travelers offer to its employees?

Employees are offered private medical insurance, pension plan contributions, a minimum of 25 days of holiday entitlement, a wellness programme, and volunteer encouragement initiatives.

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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.