Wordings Lead

New Exciting Opportunity - Wordings Lead

Arthur is delighted to have partnered with a very innovative, technology focused and forward thinking Lloyd's syndicate.
This is a brilliant opportunity to work with market leaders in the industry. 
They stand out from other syndicates in the market because how futuristic their approach is. 
The business is currently going through a lot of growth so it's a fantastic time to join. 

In this newly created position and team, you will be responsible for the development and improvement of existing and proposed new policy wording with a focus on compliance, clarity, and best customer outcomes.
In this position you will have the opportunity to partner with lots of areas of the business, and you will work closely with the Head of Underwriting Management. You will be handling mainly property, PV, and Terror business on a UK & International basis. 
      
Responsibilities Include: 
Reviewing and drafting of consumer insurance contracts and all associated legal documentation (schedules, IPIDs, proposal forms, clauses etc)
Reviewing our new and existing wordings, including analysis and explanation of individual clauses through to complete product wordings
Proactively manage and undertake policy wording development and control, working closely with key stakeholders to build new insurance products or refine or expand existing products, ensuring our wordings are robust while being easily understood by our customers and reflect the appropriate coverage intent during product design
Collaborating with colleagues across the underwriting, legal, compliance and governance etc. to deliver on internal and regulatory oversight requirements
Acting as a technical reference point for underwriting business units and provide clarity and advice on technical underwriting and claims issues
Managing our centralised repository of wordings to ensure this is current both in terms of wordings and necessary regulatory and legal developments

Skills & Experience needed: 

• Proven experience providing a similar support within an insurance, or legal setting
• Excellent communication skills, with the ability to challenge others, whilst maintaining positive working relationships with both internal and external stakeholders
• Knowledge of various lines of insurance business, the ability to read a slip would be beneficial
• Great organisational skills with ability to work under time pressure in a changing environment.
• A pro-active approach to work.

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