At a Glance
- Tasks: Draft and negotiate insurance policy wordings while ensuring compliance and quality.
- Company: Leading insurer in the London market with a focus on excellence.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Join a dynamic team committed to diversity and innovation.
- Why this job: Shape the future of insurance documentation and make a real impact.
- Qualifications: Expertise in insurance contracts and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
Our client is a leading insurer in the London market and in this role you will play a pivotal role in shaping the quality and integrity of policy documentation across their Lloyd's platform. You will be the expert voice on insurance contracts - drafting, reviewing, negotiating and defending wordings to the highest standard.
Key responsibilities:
- Draft, review and negotiate policy wordings, clauses and summaries of cover
- Act as specialist referral point and coach for underwriting teams on wording matters
- Own wording negotiations from inception through to final agreement with brokers
- Liaise with underwriters and claims teams to support sound coverage decisions
- Ensure compliance with Lloyd's requirements, regulatory standards and internal governance
- Represent the team at market committees and industry working groups
Experience and skills required:
- In-depth knowledge of insurance contracts and London Market wordings practice
- Strong grasp of multi-jurisdictional regulatory requirements, including US surplus lines
- Experience engaging with Lloyd's and/or regulators
- Excellent drafting skills and meticulous attention to detail
- Confident communicator able to influence and build consensus at all levels
- Commercial mindset - able to balance legal requirements with business objectives
Senior Wordings Specialist employer: Insight Recruitment Solutions Limited
As a leading insurer in the London market, our client offers an exceptional work environment for a Senior Wordings Specialist, where you will have the opportunity to shape policy documentation and influence industry standards. With a strong commitment to employee development, a diverse and inclusive culture, and the chance to engage with key stakeholders in the Lloyd's market, this role provides a meaningful career path in a dynamic and supportive setting.
Contact Details:
Insight Recruitment Solutions Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Wordings Specialist
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Wordings Specialist role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of insurance contracts and Lloyd's requirements. We suggest practising common interview questions with a friend or in front of the mirror to boost your confidence.
✨Tip Number 3
Showcase your expertise! Bring examples of your previous work, especially any complex wordings you've drafted or negotiated. We want to see how you’ve made an impact in your past roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals who can contribute to our team.
We think you need these skills to ace Senior Wordings Specialist
Some tips for your application 🫡
Show Off Your Expertise:Make sure to highlight your in-depth knowledge of insurance contracts and London Market wordings practice. We want to see how your experience aligns with the role, so don’t hold back on showcasing your skills!
Be Meticulous:Attention to detail is key in this role. When drafting your application, ensure that everything is clear and free from errors. We appreciate a well-structured application that reflects your drafting skills.
Communicate Confidently:Since you'll be influencing and building consensus at all levels, let your communication skills shine through in your application. Use a confident tone and make it easy for us to see how you can engage with various stakeholders.
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 this exciting opportunity. Don’t miss out!
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Know Your Wordings Inside Out
Make sure you brush up on your knowledge of insurance contracts and the specific wordings used in the London market. Familiarise yourself with recent changes in regulations and how they impact policy documentation. This will show that you're not just a candidate, but a potential expert who can hit the ground running.
✨Prepare for Scenario-Based Questions
Expect to be asked about real-life scenarios where you've had to draft or negotiate policy wordings. Think of examples where you successfully navigated complex wording issues or influenced stakeholders. This will demonstrate your practical experience and problem-solving skills.
✨Showcase Your Communication Skills
As a Senior Wordings Specialist, you'll need to communicate effectively with various teams. Prepare to discuss how you've built consensus in past roles and how you approach coaching others on wording matters. Highlighting your ability to influence at all levels will set you apart.
✨Understand the Bigger Picture
Be ready to discuss how your work impacts the overall business objectives. Show that you can balance legal requirements with commercial needs. This mindset will resonate well with interviewers looking for someone who can contribute strategically to their team.
