At a Glance
- Tasks: Draft and review policy wordings, ensuring clarity and compliance.
- Company: Join a leading global insurance firm in the heart of London.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for career growth and to influence market practices.
- Why this job: Make a real impact on insurance practices and work with industry experts.
- Qualifications: Significant experience in insurance wordings and strong communication skills.
The predicted salary is between 75600 - 92400 £ per year.
Senior Wordings Underwriter
We are seeking an experienced wordings professional to join a well-established global insurance firm in London.
Reporting to the Head of Wordings, you will provide specialist technical support to underwriting, claims and other stakeholders, ensuring policy documentation is clear, accurate, commercially appropriate and compliant.
Key responsibilities
- Draft, review, negotiate and agree policy wordings, clauses and contractual documentation.
- Ensure documentation aligns with legal, regulatory, reinsurance and internal governance requirements.
- Partner with underwriters, brokers and third parties on new and amended wordings.
- Provide expert advice, guidance and constructive challenge on complex wording matters.
- Identify contractual and market issues and develop practical, commercially focused solutions.
- Support underwriting and claims teams on technical wording issues and claims outcomes.
- Contribute to product development, market research and emerging market practice.
- Ensure compliance with Lloyd's requirements and market best practice.
- Support regulatory reviews and promote fair customer outcomes.
- Contribute to training and the development of wording capability across the business.
About you
You will bring strong technical expertise, commercial judgement and a collaborative approach, with:
- Significant experience in insurance wordings and contracts.
- Strong knowledge of London Market and reinsurance practices.
- Experience with multi-jurisdictional business, including US surplus lines and non-admitted risks.
- Confidence engaging with Lloyd's, regulators and external stakeholders.
- A good understanding of underwriting and claims.
- Strong communication, negotiation and stakeholder management skills.
This is an excellent opportunity for an experienced wordings specialist to play a key role within a global insurance business and work closely with senior underwriting and claims stakeholders.
Senior Wordings Counsel in Slough employer: Invecta
Join a leading global insurance firm in London, where you will thrive in a dynamic work culture that values collaboration and innovation. With a strong commitment to employee development, the company offers extensive growth opportunities and training to enhance your expertise in insurance wordings. Enjoy a competitive benefits package and the chance to make a meaningful impact in a supportive environment focused on delivering fair customer outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Wordings Counsel in Slough
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Invecta). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Invecta. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Wordings Counsel in Slough
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Invecta.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Invecta. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Invecta
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Invecta to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Invecta, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Invecta's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
