At a Glance
- Tasks: Review and advise on insurance wordings, ensuring compliance and best practices.
- Company: Leading global insurer with a high-performing Technical Wordings team.
- Benefits: Opportunity to work strategically, exposure to senior stakeholders, and a collaborative environment.
- Other info: Dynamic role with opportunities for professional growth and development.
- Why this job: Make a real impact in product innovation and underwriting while developing your expertise.
- Qualifications: Experience in insurance policy drafting and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
We’re working with a leading global insurer to hire a Contract Wordings Technician to join their high-performing Technical Wordings team based in Leeds.
About the Role
Sitting within a central, high-impact function, you’ll play a key role in ensuring underwriting wordings are technically robust, compliant, and aligned with market and regulatory development. You’ll collaborate across underwriting, legal, compliance, and product governance teams, providing expert guidance on wording development, interpretation, and best practice.
Key Responsibilities
- Review and advise on a range of insurance wordings, including products, binding authorities, and broker wordings.
- Support underwriters with technical wording expertise to help deliver business plans.
- Monitor and interpret legal, regulatory, and market developments, advising on their impact.
- Maintain and manage the central wordings repository and reporting.
- Ensure consistency and best practice across all product wordings.
- Lead the development of bespoke clauses for complex or large risks.
- Conduct post-bind thematic reviews of product lines.
- Support audits, regulatory change, and strategic projects.
- Deliver training and share technical knowledge across the business.
- Communicate complex technical concepts clearly to a range of stakeholders.
What We’re Looking For
- Experience in insurance policy drafting or legal contract wordings.
- Strong knowledge of the insurance market and terminology.
- Excellent stakeholder management skills, including working with senior leadership.
- Strong analytical skills and attention to detail.
- Ability to manage multiple priorities and work independently.
- A collaborative mindset with strong organisational skills.
- Clear and concise communication skills.
Benefits
- Opportunity to work in a highly visible, strategic function.
- Exposure to senior stakeholders and complex risks.
- Collaborative and supportive team environment.
- Chance to contribute to product innovation and underwriting.
Wordings Technician in Leeds employer: Avencia Talent Solutions
Join a leading global insurer as a Wordings Technician in Leeds, where you will thrive in a collaborative and supportive team environment. With opportunities for professional growth and exposure to senior stakeholders, you will play a crucial role in shaping insurance wordings that are both technically robust and compliant. This position not only offers a chance to contribute to product innovation but also ensures you are at the forefront of market and regulatory developments, making it an excellent place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Wordings Technician in Leeds
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Avencia Talent Solutions). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Avencia Talent Solutions. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Wordings Technician in Leeds
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Avencia Talent Solutions.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Avencia Talent Solutions. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Avencia Talent Solutions
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Avencia Talent Solutions to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Avencia Talent Solutions, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Avencia Talent Solutions's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
