Wordings Specialist - Retail Underwriting in London

The Risk Managed department, within the Retail division of UK & Lloyds seeks an experienced Wordings Specialist to join us. You will be an integral part of the team, working in close collaboration with the wider UKL wordings function, supporting underwriters predominately in the P&C products but with scope for other product lines, covering a wide range of complex risks. You will have the opportunity to set AXA XL apart by demonstrating your technical drafting skills and advisory services to underwriters, their clients and brokers.

What you'll be doing

• Teamwork & Collaboration: Work closely with colleagues across the underwriting division along with the wider UK wordings team, Legal function, Claims, Compliance, and Conduct Risk to meet team goals, service standards, and internal projects. Maintain clear communication with underwriting teams to understand their needs. Contribute towards our safe and inclusive value-based culture with a sense of team spirit and purpose.
• Create & Innovate: Collaborate with stakeholders to create and refine insurance products, leading innovation for AXA XL. Translate underwriting intent into cover.
• Training & Development: Share best practices across the business, present to underwriting teams, and provide technical wording advice pre- and post-bind.
• Analysis & Review: Support underwriters in the review of wordings and clauses of every type, explaining to underwriters and other stakeholders their implications and wording risk, and deliver timely, high-quality solutions to the issues presented.
• Governance & Contract Certainty: Ensure contractual clarity and adherence to governance principles when reviewing and advising on contractual terms in line with Underwriting, Legal, Risk, Compliance, and regulatory standards.
• External Engagement: Represent AXA XL in wording discussions and negotiations with brokers and clients, ensuring technical and commercial elements are aligned.
• Technology & Innovation: Embrace new contract analytics tools and manage contract management systems, seeking opportunities for process improvement.
• Leadership & Mentoring: Plan and self-manage your workload, adhering to deadlines and competing priorities. Be a role model for and coach junior staff and support continuous improvement initiatives.

You will report to the Risk Managed Underwriting for UK & Lloyds.

What you'll bring

• Proven experience working in depth with (re)insurance wordings, demonstrating first-class technical drafting skills in English and a comprehensive understanding of insurance law concepts. Applications from candidates with a legal, underwriting or claims background are welcome.
• The ability to interpret and analyse complex insurance clauses and requests, creating clear, robust wording solutions from scratch or via existing templates, always with our customers in mind.
• The confidence to present and discuss wording solutions face-to-face and in writing with underwriters, brokers, and peers.
• A robust understanding of insurance, legal, and compliance needs across different classes, and knowledgeable about standard clauses and market practices.
• Capable of planning and managing workload independently under pressure, meeting deadlines and juggling priorities.
• Analytical and critical thinking skills, with a good grasp of how insurance products are constructed and operate in the real world.
• Excellent interpersonal skills to interrogate complex coverage concepts and explore abstract policy ideas.
• Desirable: ACII qualification, legal qualification, and experience with contract analytics technology.

What we offer

• Inclusion: AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture enables business growth and is critical to our success.
• Total Rewards: AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security.
• Sustainability: At AXA XL, Sustainability is integral to our business strategy. Our Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

For more information, please see axaxl.com/sustainability.