Clyde & Co
Senior Associate - FIDO
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Job Title: Senior Associate
Location: London
Department: Insurance – Financial Institutions & D&O
The Role
Clyde & Co is seeking a Senior Associate to join its market-leading Financial Institutions and Directors’ & Officers (FIDO) team in London. Our global FIDO team advises the London market, US and international insurers and reinsurers on all aspects of financial institutions and D&O insurance work. We have built a strong reputation for successfully defending claims and resolving the most complex and high-value coverage issues in the insurance market.
The successful candidate will work on a broad range of high-profile and complex matters, acting for insurer clients on claims of all sizes and types, including some of the largest losses in the global insurance market.
Key Responsibilities
- Advising insurers and reinsurers on D&O and Financial Institutions claims, from notification through to resolution
- Handling claims against institutional and retail banks, building societies, pension funds, split capital investment trusts, investment advisers, asset managers and hedge funds
- Acting on complex defence matters, including: Directors’ disqualification proceedings, wrongful trading and other insolvency-related claims, civil penalty proceedings, criminal and regulatory enforcement actions arising from alleged corporate and financial misconduct
- Advising on complex coverage issues, including policy interpretation, aggregation, exclusions and indemnity disputes
- Managing and conducting coverage litigation, arbitration and mediation
- Monitoring claims for insurers on a global basis, providing strategic input and controlling leakage on large insurance programmes
- Advising and working with steering committees on multi-jurisdictional and high-value claims
- Supporting partners on business development and contributing to the growth of the FIDO practice
- Mentoring junior team members and contributing to team knowledge-sharing initiatives
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Skills and Experience
- England & Wales qualified solicitor (or equivalent common law qualification)
- Significant post-qualification experience in Financial Institutions and/or D&O insurance work, ideally gained at a leading insurance or disputes practice
- Strong experience advising insurer clients on complex claims and coverage issues
- Experience of handling or supporting litigation, arbitration and mediation
- A strong understanding of insolvency-related claims, regulatory investigations or financial misconduct matters is desirable
- Excellent analytical, drafting and advocacy skills
- Ability to manage complex matters and multiple stakeholders in a fast-paced, international environment
- Strong client-handling skills and a commercial, solutions-focused approach
The Firm
When you work at Clyde & Co, you join a team of 500 partners, 2,400 lawyers, 3,200 legal professionals and 5,500 people in nearly 70 offices and associated offices worldwide. Our values are the principles that guide the decisions we make, unite us in our endeavours and strengthen our delivery, for both our clients and our firm. We work as one, excel with clients, celebrate difference and act boldly. We are committed to operating in a responsible way by progressing towards a diverse and inclusive workforce that reflects the communities and clients it serves. We are devoted to providing an environment in which everyone can realise their potential, using its legal and professional skills to support its communities. We do this through pro bono work, volunteering and charitable partnerships, and minimising the impact it has on the environment, including through our commitment to the SBTi Net-Zero standard and the setting of ambitious emissions reduction targets.
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Our Commitment
Clyde & Co is proud to be an equal opportunities employer. Our values encourage us to support fairness, celebrate diversity and prohibit all forms of discrimination in the workplace to allow everyone to excel at work. Therefore, we welcome and encourage all applications from suitably qualified individuals, regardless of background or identity. Learn more about our interview process.
A Note on Privacy
Please take a moment to read our privacy notice. This describes what personal information Clyde & Co (we) may hold about you, what it’s used for, how it’s obtained, your rights and how to contact us as a data subject.
If you are submitting a candidate as a Recruitment Agency Partner, it is an essential requirement and your responsibility to ensure that candidates applying to Clyde & Co are aware of this privacy notice.
This is the job description as constituted at present; however, Clyde & Co reserves the right to reasonably amend it in accordance with the changing needs of the business.
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