The Travelers Companies, Inc.
Dispute Resolution Solicitor - Part Time
3 days ago
London
Taking care of our customers, our communities and each other. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Travelers Europe is looking to hire a Solicitor! As a Qualified Lawyer, under limited supervision, you will provide a broad range of cost-effective, high quality legal services to stakeholders within Travelers. Legal services may include: general legal advice, contract drafting and negotiation, management of litigation, resolution of disputes with or on behalf of insureds, management of regulatory relationships, support for a broad range of business initiatives, and recognition, analysis and response to emerging issues and trends. Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion. 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; 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. 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. Building strong internal and external client relationships. Awareness of legal developments affecting Travelers Europe. Qualified lawyer 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. 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. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.