Wordings Specialist in City of London

Wordings Specialist in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Draft and manage insurance policy wordings while ensuring compliance and meeting business needs.
  • Company: A growing Lloyd's syndicate with a commitment to diversity and inclusion.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
  • Why this job: Make a real impact in the insurance market while collaborating with industry experts.
  • Qualifications: Experience in the Lloyd's/London insurance market and proficiency in Microsoft Office.
  • Other info: Dynamic role with opportunities for training and career advancement.

The predicted salary is between 36000 - 60000 £ per year.

Our client, a growing Lloyd's syndicate, seeks a Wordings specialist to draft, review, and manage insurance policy wordings, clauses, and endorsements to ensure legal and regulatory compliance while meeting key business needs. You will have a proven track record of working in the Lloyd's/London insurance market and will be proficient in the use of Microsoft Office and Business Intelligence tools.

Responsibilities

  • Creating and uploading policy wordings, clauses, and endorsements to reflect underwriting intent, regulatory requirements, and company standards.
  • Collaborating with Underwriters to provide workings advice, ensuring documents align with regulatory standards and market practice.
  • Ensuring all policy language is legally and regulatorily compliant and that documentation aligns with binding authority agreements.
  • Providing expert advice to underwriters and other departments on policy language, coverage, and potential risks.
  • Developing and maintaining libraries of approved template wordings and clauses.
  • Working closely with various parties to ensure consistent and accurate documentation.
  • Monitoring regulatory developments and market trends to inform policy drafting and advise on market practice.
  • Delivering training sessions and guidance to staff on best practices for wordings and documentation.

Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.

Wordings Specialist in City of London employer: Insight Recruitment Solutions Ltd

Our client, a dynamic Lloyd's syndicate, is an exceptional employer that values diversity and inclusivity in its workforce. With a strong commitment to employee development, you will have ample opportunities for growth and training within the vibrant London insurance market. The collaborative work culture fosters innovation and ensures that every team member's contributions are recognised and valued, making it a rewarding place to advance your career as a Wordings Specialist.
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Contact Detail:

Insight Recruitment Solutions Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Wordings Specialist in City of London

✨Tip Number 1

Network like a pro! Reach out to folks in the Lloyd's/London insurance market. Attend industry events or join online forums. The more connections we make, the better our chances of landing that Wordings Specialist role.

✨Tip Number 2

Show off your skills! Create a portfolio showcasing your best work with policy wordings and endorsements. This will give potential employers a taste of what we can bring to the table.

✨Tip Number 3

Prepare for interviews by brushing up on regulatory requirements and market trends. We want to demonstrate our knowledge and how we can help ensure compliance while meeting business needs.

✨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 fit the bill!

We think you need these skills to ace Wordings Specialist in City of London

Drafting Skills
Reviewing Skills
Insurance Policy Knowledge
Regulatory Compliance
Microsoft Office Proficiency
Business Intelligence Tools
Collaboration Skills
Legal Knowledge
Risk Assessment
Template Management
Training and Guidance
Market Trend Analysis
Attention to Detail
Communication Skills

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in the Lloyd's/London insurance market. We want to see how your skills align with the specific responsibilities of a Wordings Specialist.

Showcase Your Expertise: Don’t hold back on showcasing your proficiency with Microsoft Office and Business Intelligence tools. We’re looking for someone who can hit the ground running, so let us know how you’ve used these tools in your previous roles.

Highlight Collaboration Skills: Since this role involves working closely with Underwriters and other departments, make sure to mention any collaborative projects you've been part of. We love seeing examples of teamwork and how you’ve contributed to successful outcomes.

Keep It Professional Yet Engaging: While we appreciate a professional tone, don’t be afraid to let your personality shine through. A well-written application that reflects who you are can really make you stand out. Remember to apply through our website!

How to prepare for a job interview at Insight Recruitment Solutions Ltd

✨Know Your Wordings Inside Out

Make sure you’re well-versed in the specific policy wordings, clauses, and endorsements relevant to the Lloyd's market. Brush up on recent regulatory changes and how they impact documentation. This will show your potential employer that you’re not just familiar with the basics but are also proactive about staying updated.

✨Showcase Your Collaboration Skills

Since the role involves working closely with underwriters and other departments, prepare examples of past collaborations. Think about times when you provided valuable advice or resolved conflicts. This will demonstrate your ability to work as part of a team and your understanding of the importance of aligning documents with underwriting intent.

✨Demonstrate Your Technical Proficiency

Be ready to discuss your experience with Microsoft Office and any Business Intelligence tools you’ve used. Consider bringing examples of how you’ve utilised these tools to enhance your work, such as creating templates or managing data effectively. This will highlight your technical skills and your ability to streamline processes.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific situations related to policy drafting or compliance. Think through potential scenarios and how you would approach them, focusing on your problem-solving skills and attention to detail. This will help you convey your expertise and readiness for the challenges of the role.

Wordings Specialist in City of London
Insight Recruitment Solutions Ltd
Location: City of London
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