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.
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 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: firstname.lastname@example.org 0203 587 7036
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