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Job Description

Eames Consulting are presently mandated on a number of assignments within the M&A Underwriting Market. This market is rapidly growing and typically executed by Corporate or Real Estate Solicitors. Whilst an over-simplification, the product insurers against breaches in reps & warranties, in addition some firms will cover tax liability, contingent and environmental.

The process for underwriting a policy is very similar to that which solicitors will go through when carrying out due diligence on these transactions, there will be access to the same data-rooms and DD reports, as well as some external counsel as support.

The reason why solicitors are moving into the insurance segment and away from practice is multi-faceted, briefly covered below:

  • Control over your own workload - not being relentlessly demanded upon by Partners
  • Commercial decision making power - rather than simply reporting back to a client, you make the decisions on whether the transaction is solid and one you wish to back
  • Variety of transactions you will see, both in nature and geography, will often be greater than that in a niche team within a legal firm
  • Underwriters tend not to work the highly demanding hours expected in practice.
  • Lastly, pay and bonuses tend to be significantly better in Insurance with most solicitors seeing a gross increase of at least 25% when making the move.

Due to the expanding nature of the class, high quality talent is in demand and this looks unlikely to decrease over the next few years.

Therefore, if you’re considering a path outside of practice, or want to achieve a more rewarding working environment. 

Feel free to contact me for a confidential discussion, even if it is just to understand this path a little better.

***Please note, this role is only available to candidates with current eligibility to work in the UK, visa sponsorship will not be considered***