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- Tasks: Shape policy documentation and negotiate insurance contracts to the highest standard.
- Company: Leading insurer in the London market with a commitment to diversity.
- Benefits: Inclusive work environment, competitive salary, and opportunities for professional growth.
- Other info: Collaborative culture with opportunities to influence at all levels.
- Why this job: Be the expert voice in insurance and make a real impact on policy quality.
- Qualifications: In-depth knowledge of insurance contracts and excellent drafting 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
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
Senior Wordings Specialist in 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 London
✨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 get you in the door.
✨Tip Number 2
Prepare for those interviews by practising common questions and scenarios related to policy wordings. We recommend role-playing with a friend to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your expertise! Bring examples of your previous work or case studies to the interview. We want to see how you’ve tackled complex wording issues and negotiated successfully.
✨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 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!
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 excellent 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 Ltd
✨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 Real-Life Scenarios
Think about common challenges faced in drafting and negotiating policy wordings. Prepare examples from your past experience where you've successfully navigated these situations. This will demonstrate your problem-solving skills and your ability to handle the complexities of the role.
✨Showcase Your Communication Skills
As a Senior Wordings Specialist, you'll need to influence and build consensus. Practice articulating your thoughts clearly and confidently. Consider how you would explain complex wording issues to non-specialists, as this will highlight your ability to communicate effectively across teams.
✨Understand the Bigger Picture
Research the company’s position in the market and their approach to compliance and governance. Be ready to discuss how you can contribute to their objectives while ensuring adherence to Lloyd's requirements. This shows that you’re not only focused on the details but also understand the commercial implications of your work.