Associate/Senior Associate - D&O/Coverage

Posted 15 hours 43 minutes ago by DAC Beachcroft LLP

Permanent
Full Time
Academic Jobs
Newcastle Upon Tyne, City, United Kingdom, NE1 1
Job Description
Associate/Senior Associate - D&O/Coverage

Department: Professional and Commercial Risk

Employment Type: Permanent

Location: Newcastle

Description

You will play an active role in the continued growth and success of the professional indemnity team nationally.

The team is ranked in Tier 1 in both the Legal 500 and Chambers directories, with a number of leading individuals named.

Within the team, the service line specialising in advising on Directors' and Officers' (D&O) insurance is particularly active. This team acts for a number of the leading D&O insurers, both in advising insurers on coverage for a wide variety of claims as well as defending claims against directors and officers/insured companies. This often involves working with specialists from other teams in fields such as employment law and white collar crime. In addition, the team provide coverage advice under a wide range of insurance policies, including Crime and Financial Institutions insurance.

Key Responsibilities
  • Handling a stimulating and often complex D&O caseload with an emphasis on advising on insurance coverage, but with opportunities to handle a wide variety of claims against directors and officers
  • The opportunity to interact on a regular basis with leading insurer clients in this area
  • Working collaboratively with other specialists across the firm
  • Maintaining an awareness of the firm's strategies and plans
  • Maintaining and develop technical knowledge through attendance at training sessions, reading appropriate publications and exceeding Law Society CPD requirements
  • Ensuring full compliance with DAC Beachcroft billing and credit control protocols, while demonstrating strong financial management across own files and in supporting others
Skills, Knowledge and Expertise
  • At least 3 years' PQE, ideally gained at a specialist insurance firm (or in house at a financial lines insurer)
  • Good experience in advising on insurance coverage under financial lines policies and ideally including under D&O/Management Liability policies
  • Excellent relationship and client handling skills; able to deal confidently and professionally with clients on day to day issues
  • Experience on secondment with a leading financial lines insurer would be beneficial
  • The ability to deliver clear, well written legal advice and reports on complex legal/coverage issues
  • Able to demonstrate a reasonable level of self sufficiency, commensurate with experience
  • The ability to take a client focused, commercial approach to legal issues rather than a purely academic one, with a strong grasp of emerging legal issues and a clear ability to learn quickly
  • Change oriented with a positive, flexible approach towards the implementation of new initiatives.
  • Team oriented and collegiate with a willingness to share knowledge and support other members of the team
  • Willingness to work hard as part of a highly ambitious and driven team to help it continue to develop and achieve its objectives