Showing 15 jobs
Send me jobs like these to my inbox
Insurance law governs the rules and regulations covering the different aspects of insurance policies and claims. In the United Kingdom, the insurance regulations entail the legal procedures for the insurer, individuals holding senior management functions, and those who are exercising considerable influence. The law also deals with claims made by consumers, micro-enterprises, and charities.
The different kinds of insurance law jobs include insurance litigation solicitors, insurance litigation associates, insurance lawyers, risks lawyers, insurance paralegals, commercial and regulatory insurance lawyers, legal counsel, recoveries lawyers, and claims handlers. The solicitors and lawyers aspiring to practise insurance law need to be qualified solicitors along with the knowledge and experience in handling disputes and claims.
The average per annum income for insurance legal jobs varies depending on the factors like the kind of position, job responsibilities, experience, and expertise required for a role and the employer. Overall, the insurance lawyers, solicitors, and paralegals make good money, they are offered competitive salary packages with benefits like medical insurance, life insurance, annual paid leaves, and more.
You can make a brilliant career working as a solicitor, lawyer, associate, or paralegal in insurance law. Most of the job opportunities in this practice area come with promising professional growth opportunities, you can improve your litigation and other skills working on diverse cases to earn better and improve your chances to work with popular employers.
Currently, there is plenty of insurance lawyer jobs and solicitor, and paralegal vacancies in the UK. As long as the companies and individuals need legal advice and assistance regarding different kinds of insurance policies, these roles will be in demand. Create an appealing professional profile with just a few clicks on Simply Law Jobs!
The insurance law jobs include insurance lawyers, insurance solicitors, risk lawyers, commercial and regulatory lawyers, recoveries lawyers, claims handlers, and legal counsel. Insurance solicitors are required to have 1-3 years of PQE in defending insurance claims to be eligible for applying to the positions. The insurance associates are required to have a strong academic background with training in insurance regulatory work. The application criterion for commercial and regulatory lawyers is around 2-6 years of relevant experience regarding insurance focussed commercial matters. Corporate insurance lawyers ought to have more than two years of experience in advising insurance and investment banking clients. Personal injury paralegals need to have good customer care skills.
Insurance solicitors handle cases like coverage, alleged fraud, and first-party claims on behalf of major insurers. The claims can vary from theft to criminal activity and property damage. Commercial and regulatory insurance lawyers provide insurance regulatory support to the corporate insurance transactions team. Corporate insurance lawyers advise on the scrutinisation of insurance risks, insurance derivatives, outsourcing of insurance services, and insurance distribution agreements. The insurance lawyer job description also includes dealing with policy-holder and reinsurance disputes, warranty claims, and asset recovery/fraud. Legal counsel advise, manage, report, and negotiate the legal aspects of insurance transactions. Insurance paralegals work with the litigation handlers and provide updates on progress to the clients.
Effective communication skills both verbal and written are essential for insurance legal jobs as interacting with the clients and drafting/modifying documents are part of the lawyers, solicitors, and paralegals’ routine work. An eye for detail and updated knowledge of the different insurance policy regulations are also mandatory for the positions. Problem-solving skills will help with handling the claim and dispute cases. Individuals with good numeracy and organisation skills will better fit in the insurance law roles. Searching for a vacancy in your preferred practice area is simple and easy with Simply Law Jobs, sign in now to get job alerts relevant to your qualifications and experience!