Can be based in any of their regional offices: London, Birmingham, Bristol, Colchester, Glasgow, Leeds, Maidstone, Manchester, Redhill, Southampton, St Albans. Or you can be 100% home working.
Arthur is delighted to have partnered with a leading Lloyd's syndicate in helping them find a wordings lead for their UK SME Business.
My client is recruiting for a Wordings Lead to draft and advise on wordings for the UK Regional Division. The role will involve drafting, preparation and production of insurance contract wordings and other associated documentation for the agreed classes of business, advising the business and assisting in wordings negotiations where required and keeping appraised of all legal and regulatory developments affecting insurance wordings. The role will provide a service to the business whilst maintaining quality and accuracy of wordings.
Key Tasks and Responsibilities
Reviewing, drafting and approving policy wordings and complementary endorsements for all classes of business.
Acting as a key point of contact for underwriters on specific wordings queries.
Interacting with key stakeholders in the business, including underwriters and management, to ensure that policy wordings are fit for purpose and delivered in line with the business needs.
Providing recommendations and advice, as required, on operational and regulatory aspects of insurance product design and policy documentation, identifying deficiencies in wordings and working with the business to regularly update wordings.
Providing technical training to the business on wordings.
Assisting with the curation of a repository of preferred wording forms and endorsements for use by the business.
Working closely with key functions including Compliance, Conduct, Risk and Group Legal to ensure the provision of advice to underwriting covers the full spectrum of responsibilities.
Role Requirements & Skills
Strong experience in UK insurance wordings.
Strong experience drafting and developing insurance wordings.
Analytical skills and good attention to detail.
Experience in working closely with underwriters to ensure input into policy wordings is in line with the business requirements.
Good knowledge of regulatory needs relating to insurance wordings.
For more information, please get in touch asap: eb@arthur.co.uk 0203 587 7036
