Hybrid Solicitor

at Travelers

• Job title: Solicitor
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, London, United Kingdom

About the role

• Providing legal services as a Qualified Lawyer for Travelers Europe. Advising on insurance and reinsurance matters and supporting legal strategy and risk management.

Responsibilities

• Working with all parts of the Travelers Europe businesses in connection with insurance and reinsurance matters.
• Building strong relationships with stakeholders across the business and promoting the Legal team as a valued and accessible resource.
• Supporting the legal team in delivering legal strategy and frameworks for managing legal risk.
• Providing clear, practical legal advice to various functional areas within Travelers Europe, including but not limited to Compliance, Risk, Facilities management, Distribution, Finance, Marketing, Claims, IT and Operations.
• Advising on delegated insurance arrangements and distribution deals.
• Advising on FCA and PRA regulatory matters.
• Drafting, amending and negotiating legal documents and contracts including commercial contracts, insurance agreements, TOBAs, supply/vendor agreements, consultancy agreements and service agreements.
• Identifying and mitigating legal risk in various parts of the business; advising on, implementing and where appropriate, managing various internal controls.
• Instructing and supervising external law firms as appropriate.
• Researching legal precedents and principles and advising accordingly.
• Providing general support to the Travelers enterprise working collaboratively with other members of the Travelers legal teams worldwide.
• Maintaining awareness of legal environment through reading of legal publications, on-line resources, and attendance at seminars and conferences.
• Assist in training on legal and regulatory topics.
• Other duties as assigned.

Requirements

• Minimum 4+ years PQE in insurance law either in-house or from private practice.
• Experience of Prudential Regulation Authority /Financial Conduct Authority and other regulatory authorities.
• General industry and regulatory knowledge is preferred.
• General experience of advising general insurance underwriters and/or claims personnel is preferred.
• General knowledge and understanding of the Lloyd's and London company markets.
• Excellent interpersonal skills, able to communicate effectively with the business at all levels, including senior management.
• Strong organisational skills.
• Building strong internal and external client relationships.
• Effective use of technology and automation.
• A team player.
• Unquestionable integrity.
• Awareness of legal developments affecting Travelers Europe.
• Admitted to Practice in England and Wales.

Benefits

• Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
• Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
• Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.