The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
An exciting opportunity to join an in-house Legal team in one of the fastest growing companies in the insurance sector. The successful candidate will sit across the Legal and Claims teams to advise on coverage, strategy and litigation through the life cycle of a claim, including subrogation and recoveries. The role also includes ad hoc advisory on legal trends and developments in claims and litigation.
The successful candidate will work across all lines of business (predominantly first party lines) and multi-jurisdiction, supporting claims teams in London, Ireland and Bermuda.
Key accountabilities
Work closely with claims teams across all lines of business in day-to-day claims handling, coverage analysis and strategy on all aspects of contentious claims from FNOL to final settlement and subrogation/recoveries.
Support Senior Claims Counsel on major/complex losses, as well as responsibility for own case load.
Provide legal advice and drafting support to claims adjusters, including in connection with coverage investigations, policy response and settlement negotiation.
Advise and support claims and underwriting in loss mitigation strategy and work-out solutions in pre-claim scenarios in bespoke lines of business.
Support Senior Claims Counsel in internal reporting, research and analysis of macro legal trends in claims and litigation.
Contribute to development of know-how and dissemination across the business, including attending relevant external events and delivering internal training.
Support Senior Claims Counsel and claims team in the instruction and management of external counsel.
Skills & experience
Solicitor qualified in England & Wales, United States or similar jurisdiction with not less than 3-4PQE (or equivalent).
Excellent technical legal skills and demonstrable experience of not less than five years in coverage advisory and dispute resolution in the insurance industry. Marine experience desirable but not essential. Opportunity to develop specific LOB/jurisdiction expertise within Claims Counsel function.
Strong written and verbal communication skills and ability to interact with individuals across all levels of seniority.
Excellent commercial awareness of the insurance sector coupled with the ability to concisely and effectively advise non-legal business stakeholders, whilst maintaining awareness of wider commercial objectives.
Ability to effectively manage workload, to plan and prioritise accordingly, and to meet tight deadlines, whilst maintaining a high level of accuracy, attention to detail and professionalism.
Strong sense of personal accountability and self-motivation, with the ability to work individually and as part of a team.
High level of proficiency in Microsoft Office applications (in particular, Word and Excel).
Willingness to work outside of core hours when required to meet business needs.
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity &;;;; Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
