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- Tasks: Draft, review, and negotiate insurance policy wordings with precision and expertise.
- Company: Leading insurer in the London market with a commitment to quality.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Join a diverse team and engage with industry leaders.
- Why this job: Shape the future of insurance documentation and make a real impact.
- Qualifications: In-depth knowledge of insurance contracts and excellent drafting skills.
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
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
Senior Wordings Specialist in City of London employer: Insight Recruitment Solutions Ltd
Contact Detail:
Insight Recruitment Solutions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Wordings Specialist in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyd's. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of policy wordings and regulatory standards. We recommend practising common interview questions related to drafting and negotiating contracts to show off your expertise.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific instances where you’ve successfully navigated complex wording negotiations or influenced stakeholders.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Wordings Specialist in City of London
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 in drafting and negotiating policy wordings.
Be Detail-Oriented: Given the meticulous attention to detail required for this position, ensure your application is free from typos and errors. We appreciate a polished presentation, so take the time to proofread your documents before hitting send!
Communicate Clearly: As a confident communicator, your ability to influence and build consensus is key. Use your application to demonstrate how you’ve successfully engaged with various stakeholders in the past. We love seeing examples of effective communication!
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. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Insight Recruitment Solutions Ltd
✨Know Your Wordings Inside Out
Make sure you brush up on your knowledge of insurance contracts and London Market wordings practice. Familiarise yourself with the latest trends and regulatory requirements, especially those related to multi-jurisdictional issues. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Prepare Real-Life Examples
Think of specific instances where you've drafted, reviewed, or negotiated policy wordings. Be ready to discuss how you handled challenges and what the outcomes were. This will demonstrate your expertise and give the interviewers a clear picture of your capabilities.
✨Show Off Your Communication Skills
As a Senior Wordings Specialist, you'll need to influence and build consensus. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few scenarios where you successfully communicated complex ideas to non-experts, as this will highlight your ability to engage with various stakeholders.
✨Understand the Company Culture
Research the client’s commitment to diversity and inclusion. Be prepared to discuss how you can contribute to this culture. Showing that you align with their values will set you apart and demonstrate that you’re not just a fit for the role, but for the company as a whole.