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Senior Contract Wordings Specialist

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The details

Posted:

New Job: Senior Contract Wordings Specialist!
City of London, Permanent, Full time, Lloyd's Syndicate, Hybrid Working

About The Company: My client is a dynamic and forward-thinking Lloyd's syndicate that specialises in insurance and reinsurance solutions.
Their mission is to provide top-notch services to all clients, ensuring their needs are met with the best-in-class contract wordings and support.

Key Responsibilities 
As a Senior Contract Wordings Specialist, you will play a crucial role in shaping the insurance products and ensuring that the contract wordings are of the highest quality.
Here's what you'll be doing:

  • Review, draft, and negotiate contract wordings and supporting documentation to ensure clear and comprehensive coverage for our clients.
  • Collaborate with Underwriters, Business Group Leaders, Legal, and other internal and external stakeholders to enhance our insurance products.
  • Implement standard clause guidelines across the company to meet market requirements and align with our risk appetite and strategy.
  • Share your expertise by delivering internal presentations, workshops, and training sessions. Mentor and support junior underwriters in contract wording matters.
  • Foster effective communication and cooperation with various departments, such as claims, legal, finance, compliance, and operations.
  • Stay up-to-date with industry trends and regulations through client and market visits, and actively contribute to company requirements.
  • Explore innovative technologies to streamline team workflow, track contract trends, and improve reporting capabilities.
  • Conduct research on insurance/reinsurance rulings, legal, and emerging issues, modifying or creating new wordings as needed.
  • Actively participate in internal workstreams and projects to elevate standards and risk controls.
  • Collaborate with external working parties, market bodies, and peers to maintain our commitment to excellence.

Essential Skills & Requirements: 
We are looking for a talented individual with the following qualifications:

  • Minimum 5 years' experience in contract wordings or as a qualified solicitor, preferably in (re)insurance, broking, or legal environment.
  • Strong analytical and critical thinking skills, with the ability to identify, analyze, and make sound decisions.
  • Enthusiasm and willingness to challenge the status quo, both internally and externally.
  • Excellent negotiation and influencing skills, coupled with the ability to articulate opinions while considering the commercial environment.
  • Flexible approach to work, adept at planning, prioritizing, and managing workload during peak renewal periods.

Join a dynamic team and be a part of the innovative company where your expertise will make a real impact on the companies success!

For more details please get in touch with Emma Burden: eb@arthur-dev.sobold.dev 0203 587 7036

Applications Closed