SRM Recruitment
Contingent / Litigation Risk Insurance Broker
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Our client is a global leading insurance broker focusing on W&I, tax and contingent risk insurance. Due to the continuing growth of their client base they now require an experienced litigation specialist to join their contingent risk insurance team.
The team comprises of specialists with tax, litigation and structuring expertise from top tier law firms, investment banks and Big 4 advising on the structuring and negotiation of innovative specific risk insurance and capital solutions.
The team was originally formed to advise on tax and litigation risks arising in the context of M&A deals, they have now driven the evolution of the tax and contingent risk insurance market towards a considerable increase in demand for non-M&A litigation insurance solutions including adverse costs cover and legal asset wraps.
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Responsibilities include:
- Initial assessment of client enquiries.
- Engaging with clients and advisers to refine requirements and obtain necessary information to approach insurers.
- Working with team, and clients and advisers, to devise appropriate solutions to client problems.
- Preparing detailed submission to insurers in order to obtain terms.
- Negotiating terms with insurers and presenting them to client.
- Managing underwriting process including liaising with insurers, clients and their advisers.
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Required skills include:
- 3+ post qualification years of litigation experience and/or litigation funding experience.
- Experience of contentious insolvency and/or special situations helpful but not essential.
- Experience with Adverse Costs cover (ATE) and legal assets wraps helpful but not essential.
- Excellent commercial, technical and analytical abilities, sound judgment, excellent interpersonal and communication skills, collaborative, self-motivated and a high level of personal commitment.
No previous insurance experience is required.
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