At a Glance
- Tasks: Draft and execute contracts while collaborating with a dynamic team.
- Company: Join Amwins Global Risks, a top player in the insurance industry.
- Benefits: Support for personal growth, inclusive culture, and diverse workplace.
- Why this job: Make an impact in a relationship-driven business with global reach.
- Qualifications: Strong legal knowledge and teamwork skills required.
- Other info: Exciting opportunities for career advancement in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
At Amwins Global Risks, we succeed together. We are forging relationships that are built to last. With over 700 employees around the world and a global footprint across more than 150 countries, we have cemented our place as a top 10 contributor to Lloyd's.
Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry. When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed and grow.
We believe in a flat organisational structure that prizes expertise and relationships equally. We have built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace where everyone who works with us can be themselves.
Overview
Responsible for drafting and executing contracts and other documentation in the Amwins Re (Specialty) team, managing complex, high-value Proportional, Excess of Loss, and other risk transfer contracts, predominantly from North America.
Key Responsibilities
- Stakeholder Liaison: Liaising with Account Executives, Brokers, and other stakeholders to assess requirements and broking strategy for any particular contract.
- Contract Preparation: Assisting in the preparation of new/renewal business contracts and other documentation and materials for clients and markets.
- Managerial Support: Assisting Operations and Development Managers and Account Handlers in duties as required.
- Dashboard Management: Overseeing the compilation and management of the Dashboard regarding contracts and other documentation relating to programs.
- Troubleshooting: Troubleshooting issues related to contracts and other documentation and helping find and implement solutions.
- Team Integration: Forming an integral part of the Amwins Re (Specialty) team and ensuring product and business area knowledge is current and continually updated.
- Relationship Management: Developing and maintaining effective relationships with all Amwins support functions, including Legal, Compliance, Processing, Claims, Credit Control, Finance, Systems, and others, providing guidance as required.
- Contract Knowledge: Possessing excellent knowledge of contracts relating to the programs and how they apply to all intermediary servicing matters.
- Confidentiality: Always maintaining client confidentiality.
- Compliance Training: Undertaking and completing all FCA and compliance training as deemed appropriate by divisional management.
- Promotion: Actively promoting AGRL within and outside the firm at all opportunities.
- Procedural Reporting: Reporting procedural irregularities immediately and assisting in management as required.
Knowledge/Skills/Qualifications
- Legal and Contractual Knowledge: Excellent knowledge of the legal and contractual aspects of USA Property and Casualty Reinsurance.
- Program Knowledge: In-depth knowledge of all programs.
- Reinsurance Market Experience: Proven experience of working in the reinsurance market.
- Market Practices: In-depth knowledge of market practices and procedures.
- Regulatory Understanding: Understanding of regulatory requirements in the territories concerned and related regulatory aspects.
- Microsoft Office Skills: Proficiency in Microsoft Office, including Excel, Word, and PowerPoint.
- Attention to Detail: Accuracy and attention to detail.
- Teamwork: Strong team working ability.
- Workload Management: Ability to manage workload and meet deadlines.
- MS Teams Proficiency: Skilled MS Teams user.
- Insurance Certification: Working towards a Certificate in Insurance or higher.
- Reinsurance Knowledge: Good knowledge of general reinsurance, its processes and procedures, and underlying legal principles.
- Regulatory Rules: Knowledge and understanding of NAIC Model Intermediary Act and other regulatory rules and guidelines.
- Communication Skills: Excellent communication and interpersonal skills.
- IT Systems Utilization: Competently utilize Company IT systems.
Key Competencies
- Data Management: Accurate data and management of information.
- Communication Skills: Communicating and influencing skills.
- Information Handling: Recording and retrieval of information.
- Legal Focus: Strong legal focus.
- Decision Making: Effective decision making.
- Information Seeking: Proactive information seeking.
- Negotiation Skills: Negotiation and persuasion.
- Planning and Organizing: Planning and organizing skills.
- Relationship Building: Building and maintaining relationships.
- Teamwork: Strong team working ability.
Wordings Specialist in London employer: Amwins Global Risks
Contact Detail:
Amwins Global Risks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wordings Specialist in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching Amwins Global Risks and understanding their values. Show them you’re not just another candidate; you’re genuinely interested in being part of their team and culture.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills as a Wordings Specialist can benefit their team. Tailor your examples to highlight your experience in managing contracts and building relationships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Amwins family.
We think you need these skills to ace Wordings Specialist in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Wordings Specialist role. Highlight your relevant experience in drafting contracts and your knowledge of the reinsurance market. We want to see how you fit into our team!
Showcase Your Skills: Don’t forget to emphasise your legal and contractual knowledge, especially regarding USA Property and Casualty Reinsurance. We’re looking for someone who can hit the ground running, so let us know what you bring to the table!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it’s relevant. We appreciate a well-structured application that’s easy to read!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Amwins Global Risks
✨Know Your Contracts
Make sure you brush up on your knowledge of contracts, especially in the context of USA Property and Casualty Reinsurance. Be prepared to discuss specific examples of contracts you've worked on and how you managed them.
✨Showcase Your Team Spirit
Since teamwork is crucial for this role, think of examples where you've successfully collaborated with others. Highlight your ability to build relationships and work effectively within a team, as this will resonate well with the interviewers.
✨Demonstrate Attention to Detail
Prepare to discuss how you ensure accuracy in your work. Bring up instances where your attention to detail made a significant difference in contract preparation or troubleshooting issues.
✨Familiarise Yourself with Regulatory Requirements
Understanding regulatory aspects is key for this position. Brush up on the NAIC Model Intermediary Act and other relevant regulations. Being able to discuss these confidently will show that you're serious about compliance and the industry.