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Senior Wording & Technical Specialist

The details

Posted:

New Job - Senior Wordings Technical Specialist 
City of London, Perm, Hybrid Working 
(would potentially consider someone that is fully home working)
Salary up to £110,000 + Benefits + Bonus 
Leading Lloyd's Insurer

As the Senior Wordings Technical Specialist you will be collaborating with the underwriting team leaders,  CUO and Legal Counsel. You will be responsible for: Management and drafting of wordings, which includes drafting of endorsements, new products, and updates to current product offerings. Also responsible for ensuring integrity of insurance contracts.

Key responsibilities: 

  • Manage and undertake policy wording development and control across all lines. 
  • Work with Underwriting Officers to ensure that review of forms is completed and appropriate sign off is achieved.
  • Collaborate with underwriters to ensure that slips and wordings meet pre-bind quality assurance before inception.
  • Manage and facilitate, the amendment and drafting of endorsements to ensure compliance with underwriters intended depth and breadth of coverage.
  • Report wordings and documentation issues to underwriters and Underwriting Officers on an exception basis so that underwriters are aware of the issues and can act accordingly.
  • Build and maintain relationships with underwriters (and brokers as needed) so that wordings and documentation issues are resolved quickly and to the satisfaction of all parties.
  • To ensure consistency and integrity within wordings is maintained.
  • Maintain awareness of corporate appetite, legal, regulatory and statutory frameworks, industry developments & claims trends that might impact policy coverage.
  • Build and maintain a process and repository of approved forms and endorsements with records of appropriate sign off.
  • Assist Underwriting Officers with research and strategy development as needed.
  • Represent the Company at relevant industry seminars and other forums as needed.
  • Act as a technical reference point for underwriting business units and provide clarity, advice on technical issues.
  • Assist with training of underwriting staff as needed with respect to policy forms.

Experience needed: 

  • Experience drafting underwriting policy wordings.
  • Experience managing projects.
  • Previous exposure of London Market systems/processes beneficial.
  • Relevant experience gained working within the Company or Lloyds market.
  • Energises others to commit to achieving the highest standards.

For more information please get in touch ASAP: eb@arthur.co.uk 0203 587 7036 

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