At a Glance
- Tasks: Review and advise on insurance policy wordings while collaborating with underwriters and stakeholders.
- Company: Join a leading global insurer with a strong reputation in the industry.
- Benefits: Competitive salary, flexible working locations, and opportunities for professional growth.
- Other info: Work in a collaborative team with excellent career advancement opportunities.
- Why this job: Make an impact by shaping insurance products and ensuring compliance in a dynamic environment.
- Qualifications: Strong knowledge of liability insurance and experience in contract drafting required.
The predicted salary is between 50000 - 60000 £ per year.
We're currently recruiting for a Contract Wordings Technician to join a leading global insurer for their UK Wordings team. This role can be based in Leeds, Manchester, Birmingham or London. This is a fantastic opportunity for someone with strong technical insurance knowledge and experience working with liability insurance wordings.
You'll be working closely with UK Underwriters, senior stakeholders, and the wider technical wordings team to provide expert guidance on policy wordings, product development, and contract reviews across a range of insurance products.
What you'll be doing:
- Reviewing and advising on policy wordings, broker wordings, and binding authorities
- Supporting UK Underwriters with technical wording queries and product development
- Drafting bespoke clauses and wordings for complex or large risks
- Ensuring compliance with legal and regulatory requirements
- Managing wording repositories and maintaining accurate records
- Monitoring market, legal, and regulatory developments impacting product wordings
- Working collaboratively across Compliance, Legal, Product Governance, and Operations teams
What we're looking for:
- Strong understanding of liability insurance wordings
- Experience in legal contract drafting or insurance policy drafting
Wordings Technician employer: Avencia Consulting
As a leading global insurer, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. With opportunities for professional growth and development, particularly in the dynamic field of insurance wordings, our Leeds, Manchester, Birmingham, and London locations offer a vibrant environment where your expertise will be valued. Join us to make a meaningful impact while enjoying competitive benefits and a supportive team atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Wordings Technician
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance industry, especially those who work with wordings. A casual chat can lead to opportunities you might not find on job boards.
✨Tip Number 2
Show off your expertise! When you get an interview, be ready to discuss specific examples of your experience with liability insurance wordings. We want to see how you can add value to the team.
✨Tip Number 3
Stay updated on industry trends! Knowing the latest legal and regulatory changes can give you an edge. It shows you're proactive and genuinely interested in the field.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Wordings Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Wordings Technician role. Highlight your experience with liability insurance wordings and any relevant technical knowledge. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your experience with policy wordings and product development.
Showcase Your Technical Skills:In your application, be sure to showcase your strong technical insurance knowledge. Mention specific examples of how you've worked with policy wordings or supported underwriters in the past. We love seeing real-world applications of your skills!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, it helps us keep track of your application!
How to prepare for a job interview at Avencia Consulting
✨Know Your Wordings Inside Out
Make sure you brush up on your knowledge of liability insurance wordings before the interview. Familiarise yourself with common terms and recent changes in regulations that could impact policy wordings. This will show your potential employer that you're not just knowledgeable but also proactive about staying updated.
✨Prepare for Technical Questions
Expect to be asked technical questions related to policy wordings and contract reviews. We recommend practising how you would approach drafting bespoke clauses or advising on complex risks. Think of examples from your past experience that demonstrate your expertise and problem-solving skills.
✨Showcase Your Collaborative Spirit
Since this role involves working closely with Underwriters and various teams, be ready to discuss your experience in collaborative environments. Share specific instances where you successfully worked with others to achieve a common goal, especially in relation to product development or compliance.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the team dynamics, current projects, or how they handle regulatory changes. This not only shows your interest in the role but also gives you a chance to assess if the company culture aligns with your values.
