Skadden represents insurance and reinsurance companies and their financial advisors and underwriters in a wide variety of transactions, including mergers and acquisitions, reinsurances, portfolio transfers, public and private financings, regulatory advisory work, restructurings and reorganisations. The firm has a particularly strong financial sponsor practice in the insurance space and an unrivalled position in Bermuda.
The firm represents all parties – purchasers, sellers, target companies, cedants, reinsurers and their boards of directors/management, as well as investment banking firms, financial advisors and financial sponsors.
Skadden also provides a broad range of regulatory advice to insurance and reinsurance companies, sponsors, investment banks and other non-insurance companies entities. In the regulatory area, we routinely advise on insurance law issues, including authorisations, regulatory capital issues, securities issuances, investments, solvency, permissible activities and insurance products.
We have assisted insurance sector clients in undertaking all types of corporate reorganisations and restructurings.
In 2023, we have consistently been the busiest team in the London Office, which is driving this recruitment.
In summary:
Generally
- Tier 1 US firm for Insurance Law
- Insurance Group of the Year 2022
- First firm in history to do $1 trillion of M&A deals in a single year
- One of only five firms ranked in Chambers Global 2023 for Global M&A
- Named the top corporate law firm more times than any other firm.
Insurance M&A
- Repeatedly the market leader for both brokerage and carrier deals
- Highly extensive experience in acting for sponsors and their portfolio companies in the sector
- Number one ranked insurance M&A practice in the U.S., Bermuda and worldwide for seven years running
- Highly experienced in both debt and equity financings for insurers/intermediaries and insurance acquisitions.
Reinsurance
- Leading firm for non-contentious insurance
- Routinely advise on cutting-edge reinsurance and retrocession transactions
- Have advised on some of the largest and most complex back book deals in both P&C and life
- Routinely advise on structuring, formation and funding of sidecars, managed reinsurance vehicles and ILS
- Our reinsurance and insurance regulatory practice works on an integrated basis with our tax and other practices worldwide.
Bermuda
- Our position in the Bermuda market is unique
- Represented acquirer or target in 11 out of the past 13 public company deals for insurers in Bermuda
- Acted on 7 of the past 9 platform establishments in Bermuda.
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We are looking for an individual with 2 - 4 years' relevant post qualification experience in the London market, although those with less or more relevant experience will be considered on their merits.
The successful individual will have excellent written and verbal communication and as well as enthusiasm, drive and the ability to demonstrate initiative. A high level of academic achievement is required.
They must be willing to participate vigorously in our sales and marketing activities.
We are a tight knit, driven team. We aim to be to go to firm for the leading corporate insurance matters. |
We pay generous rates. We provide our lawyers with a highly competitive benefits package. As of 2024, the package includes:
- Discretionary year-end bonus
- Technology allowance
- 22 days holiday and 3 personal days
- Enhanced maternity/paternity and parental leave
- Private medical insurance
- Permanent health insurance
- Travel insurance
- Life assurance
- Interest free season ticket loan
- Gym allowance
Mentoring and Hybrid Working
Associates who join Skadden laterally participate in our mentor program, Skadden Integration+, which specifically focuses on the unique needs experienced attorneys face during professional transitions.
These efforts, along with our professional development and other Skadden benefits, including a hybrid work model (which remains subject to review), consists of working Monday, Tuesday, Wednesday and Thursday in the office (for full-time attorneys), and living proximate to the office, underscores Skadden's long-standing commitment to investing in its people, culture and diversity. |
The Skadden training programme has evolved over the years as the firm has grown and assists our lawyers in their development by providing them with the necessary skills to take on as much responsibility as they are ready for. The programme includes:
- Regular meetings of the corporate restructuring group to discuss developments and share know-how.
- Weekly training seminars and workshops for all levels covering legal topics relevant to the firm's practice areas and skills. These are presented by partners, associates, external specialists, QCs and other professionals.
- Live video-links to seminars presented across Skadden's network of offices.
A number of pro bono opportunities are also available to our lawyers through our pro bono programme. We are affiliated to a number of pro bono organisations, including LawWorks, that provide pro bono projects to the firm.
Diversity, Equity and Inclusion
Diversity, equity and inclusion are fundamental to our success as a global law firm, giving us a wealth of different perspectives from which to address our clients’ most pressing issues across a wide spectrum of industries, geographies and cultures. We strive to develop initiatives at Skadden to specifically address diversity, equity and inclusion goals — including for recruiting, professional development, attorney retention and advancement, and cross-cultural awareness — while also continually inculcating inclusion principles into the fabric of the firm. This includes ensuring that all job applicants are treated fairly regardless of, for example, age, disability, sex, race and sexual orientation as per our Equal Employment Opportunity statement. If you require adjustments to be made during the selection process, please speak to Nicola Kerley (Nicola.kerley@skadden.com) from the recruitment team. |