At a Glance
- Tasks: Review and draft insurance policy wordings, ensuring clarity and compliance.
- Company: Leading specialty insurer in the dynamic Lloyd’s Market.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to lead negotiations and contribute to training across the business.
- Why this job: Become a key player in shaping insurance policies and making a real impact.
- Qualifications: In-depth knowledge of insurance contracts and strong communication skills.
The predicted salary is between 60000 - 80000 € per year.
Senior Wordings Technician opportunity working with a leading specialty insurer operating within the Lloyd’s Market. Reporting to the Head of Wordings, you will become a key technical partner to underwriters, brokers and claims teams ensuring policy documentation clearly reflects intended cover, aligns with the risk appetite, and delivers fair, compliant customer outcomes.
Key Responsibilities:
- Review, draft and negotiate policy wordings and contractual documentation, ensuring clarity, consistency, compliance and alignment with risk appetite.
- Partner with underwriting teams, brokers and third parties to develop and implement effective wording solutions.
- Provide technical wording expertise and support for underwriting, claims and commercial decision-making.
- Identify and resolve contractual and market issues through practical, commercially appropriate solutions.
- Lead complex wording negotiations and support product development, market research and regulatory activities.
- Ensure adherence to market standards, regulatory requirements and internal governance controls.
- Contribute to training, knowledge sharing and the development of wording capability across the business.
Key Skills and Experience:
- In-depth knowledge of insurance contracts, policy wordings and customer communications.
- Strong understanding of London Market practice, including reinsurance wordings.
Senior Wordings Technician employer: Edenbrook
As a Senior Wordings Technician at our leading specialty insurer within the Lloyd’s Market, you will thrive in a dynamic and collaborative work culture that prioritises professional growth and development. We offer competitive benefits, including ongoing training opportunities and a supportive environment where your expertise in policy documentation will directly contribute to fair and compliant customer outcomes. Join us in a location renowned for its vibrant insurance community, where your contributions will be valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Wordings Technician
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in the Lloyd’s Market. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of insurance contracts and policy wordings. We want you to showcase your expertise and how it aligns with the role of a Senior Wordings Technician.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the position. Plus, it keeps you on their radar.
✨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 are proactive about their job search.
We think you need these skills to ace Senior Wordings Technician
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Wordings Technician role. Highlight your experience with insurance contracts and policy wordings, as well as any relevant knowledge of the London Market. We want to see how you can bring your unique skills to our team!
Showcase Your Expertise:In your application, don’t shy away from showcasing your technical expertise in drafting and negotiating policy wordings. We’re looking for someone who can clearly demonstrate their understanding of compliance and risk appetite, so make it clear how you’ve tackled these in your previous roles.
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point, reflecting the clarity we expect in policy documentation.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position right there!
How to prepare for a job interview at Edenbrook
✨Know Your Wordings Inside Out
Make sure you brush up on your knowledge of insurance contracts and policy wordings. Familiarise yourself with the specific terminology used in the Lloyd’s Market, as this will show your expertise and confidence during the interview.
✨Showcase Your Negotiation Skills
Prepare examples of past experiences where you've successfully led complex wording negotiations. Be ready to discuss how you approached these situations and the outcomes, as this will demonstrate your ability to handle similar challenges in the role.
✨Understand the Bigger Picture
Research the company and its position within the specialty insurance market. Understanding their risk appetite and how they align with customer outcomes will help you tailor your responses and show that you're genuinely interested in contributing to their success.
✨Be Ready to Share Knowledge
Think about how you can contribute to training and knowledge sharing within the team. Prepare to discuss any previous experiences where you've helped develop others' capabilities, as this aligns with the collaborative nature of the role.