Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support underwriters by providing technical assistance and advice on contract wordings.
- Company: Markel is a global insurance leader with a focus on innovation and community.
- Benefits: Enjoy a competitive salary, annual bonus, 25 days holiday, and comprehensive health benefits.
- Why this job: Make a meaningful impact while working in a collaborative and supportive environment.
- Qualifications: Strong communication skills, project management experience, and knowledge of insurance terminology required.
- Other info: Flexible working patterns are available, and diversity is celebrated at Markel.
The predicted salary is between 42000 - 84000 £ per year.
Join to apply for the Senior Contract Wordings Technician role at Markel
1 month ago Be among the first 25 applicants
Join to apply for the Senior Contract Wordings Technician role at Markel
Looking for a role that will have a meaningful impact on Contract Wordings?
We are looking for an individual to work closely with our Underwriters and support functions to provide technical assistance to underwriters in the delivery of their business plans.
What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.
Join us and play your part in something special!
The Opportunity
We have an excellent opportunity within our Wordings Team for a Senior Contract Wordings Technician. The role will report into our Head of Technical Wordings and will work closely with a team of experienced drafters, divisional leadership and underwriters.
The Wordings Team sits within the Office of the Chief Underwriting Officer (OCUO) team.
The OCUO is part of Markel International’s Corporate Management team, with responsibility for the Performance, Risk, Technical Underwriting, Oversight, Governance, Customer Outcomes and Reinsurance Placement for all Underwriting Divisions.
The Purpose And Mission Are To
- Our Underwriting meets our profit targets
- Aggregations are identified and controlled
- Our underwriting is follows regulations
- We have the right people writing the right risks
- Underwriters are supported by good systems and data
- We have minimised operational and regulatory risks
- Our products and services are fair to customers
- Our business can be tracked and accounted for
Primary Functions
What you’ll be doing:
- Provide reviews and advice on various wordings and products, including Markel products, Binding Authorities, Coverholder, and broker wordings.
- Stay updated on regulatory, legal, and market developments, advising underwriters on potential impacts on Markel’s product offerings.
- Develop and deliver guidance to underwriters on wording-related issues, including emerging trends.
- Ensure the central wording repository is accurately maintained, with comprehensive records and reports.
- Share technical knowledge across the business and ensure consistency in wordings.
- Coordinate with team members to ensure timely service delivery to underwriters on wording matters.
- Ensure wordings meet legal and regulatory requirements.
- Simplify complex topics for internal and external stakeholders.
- Conduct thematic reviews of product lines post bind.
Additional Responsibilities
- Support product and process changes due to regulatory developments.
- Acquire knowledge of emerging risks and market trends to aid innovation and underwriting discipline.
- Assist in the development of technical knowledge within product lines through training.
- Provide assistance for internal and external audits.
- Work closely with Compliance, Product Governance, Legal & Regulatory, IT, and Operations.
- Participate in strategic project work and manage the delivery of required actions.
- Attend meetings and lead the development of customized wordings and clauses for large or complex risks.
- Engage in training and development opportunities to enhance technical expertise.
Our Must-haves
- Strong interpersonal and people management skills, ability to drive consensus and negotiations
- Experience of collaborating with senior management, senior stakeholders and boards/ committees
- Project management capability
- Strong analytical and interpretation skills
- Team orientation – enjoy working within the team to ensure high standards of product delivery and collaboration
- Strong organisational skills
- Experience of legal contract or insurance policy drafting.
- Proven ability to time manage projects and work independently.
- Knowledge of insurance business, markets, and general insurance related terminology.
- Good communication skills.; uses clear language and is precise and succinct in communication with stakeholders.
Who We Are
Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
What’s in it for you?
- A great starting salary plus annual bonus & strong benefits package…
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
- Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
- There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Are you ready to play your part?
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
#PlayYourPartUK
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Engineering and Information Technology
-
Industries
Insurance
Referrals increase your chances of interviewing at Markel by 2x
Get notified about new Senior Technician jobs in London, England, United Kingdom.
Senior Pharmacy Technician- Homecare and Stores
London, England, United Kingdom 4 days ago
London, England, United Kingdom 5 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 3 days ago
London, England, United Kingdom 5 days ago
London, England, United Kingdom 3 days ago
Tilbury, England, United Kingdom 3 weeks ago
Orpington, England, United Kingdom 2 weeks ago
London, England, United Kingdom 3 days ago
London, England, United Kingdom 5 days ago
Kickstart Your Dream Career in Tech or Change – Multiple UK Locations
London Area, United Kingdom £35,000.00-£60,000.00 19 hours ago
Enfield, England, United Kingdom 2 months ago
London, England, United Kingdom 3 days ago
Slough, England, United Kingdom 1 month ago
Laboratory Technician – Psychology, REGENT\’S UNIVERSITY LONDON
London, England, United Kingdom 3 hours ago
Bromley, England, United Kingdom 4 days ago
London, England, United Kingdom 6 days ago
London, England, United Kingdom 1 day ago
London, England, United Kingdom 4 days ago
Senior Technical Delivery Lead – AI/DeepTech (Retail)
Greater London, England, United Kingdom 5 days ago
City Of Westminster, England, United Kingdom 4 days ago
London, England, United Kingdom 2 months ago
London, England, United Kingdom 2 weeks ago
Associate M&E Surveyor – M&E, Technical Advisory, Flexible Working
London, England, United Kingdom 1 month ago
London, England, United Kingdom 13 hours ago
London, England, United Kingdom 6 days ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Senior Contract Wordings Technician employer: Markel
Contact Detail:
Markel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Contract Wordings Technician
✨Tip Number 1
Familiarise yourself with the latest regulatory and market developments in the insurance sector. This knowledge will not only help you in interviews but also demonstrate your proactive approach to staying informed, which is crucial for a Senior Contract Wordings Technician.
✨Tip Number 2
Network with professionals in the insurance industry, especially those involved in underwriting and contract wordings. Attend relevant events or webinars to connect with potential colleagues at Markel, as personal referrals can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss specific examples of how you've simplified complex topics in previous roles. This skill is essential for the position, and showcasing your ability to communicate effectively with stakeholders will set you apart from other candidates.
✨Tip Number 4
Demonstrate your project management capabilities by sharing past experiences where you successfully managed multiple tasks or projects simultaneously. Highlighting your organisational skills will resonate well with the expectations for this role at Markel.
We think you need these skills to ace Senior Contract Wordings Technician
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Contract Wordings Technician position. Tailor your application to highlight how your skills and experiences align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in legal contract or insurance policy drafting. Provide specific examples of how you've collaborated with underwriters or senior management to showcase your interpersonal and project management skills.
Showcase Analytical Skills: Demonstrate your strong analytical and interpretation skills by discussing past projects where you successfully simplified complex topics for stakeholders. This will show your ability to communicate effectively and support underwriters.
Tailor Your Application: Make sure to customise your CV and cover letter for this specific role at Markel. Use keywords from the job description, such as 'technical assistance', 'regulatory developments', and 'wording-related issues' to ensure your application stands out.
How to prepare for a job interview at Markel
✨Understand the Role
Before your interview, make sure you thoroughly understand the responsibilities of a Senior Contract Wordings Technician. Familiarise yourself with the key functions mentioned in the job description, such as providing reviews on wordings and staying updated on regulatory developments.
✨Showcase Your Technical Knowledge
Be prepared to discuss your experience with legal contract or insurance policy drafting. Highlight specific examples where you've simplified complex topics for stakeholders, as this is crucial for the role.
✨Demonstrate Interpersonal Skills
Since the role involves collaboration with underwriters and senior management, be ready to showcase your strong interpersonal skills. Share examples of how you've successfully driven consensus and negotiated in previous roles.
✨Prepare Questions
Have insightful questions ready for your interviewers. This could include inquiries about the team dynamics within the Wordings Team or how Markel approaches emerging risks and market trends. It shows your genuine interest in the role and the company.