At a Glance
- Tasks: Join our team to draft bespoke insurance contracts and negotiate with underwriters.
- Company: A leading independent (re)insurance broking firm with a global presence.
- Benefits: Competitive salary, generous pension contributions, private medical insurance, and flexible leave options.
- Other info: Inclusive environment with opportunities for career growth and development.
- Why this job: Make a real impact in the insurance industry while working with passionate professionals.
- Qualifications: Extensive knowledge of International and US Casualty Wordings and strong attention to detail.
The predicted salary is between 60000 - 80000 £ per year.
Headquartered in London, we operate internationally and at Lloyd’s. With a global team of over 1000 people and 10 international offices, we’re able to advise from Brussels to Bermuda. As an independent (re)insurance broking firm we work with intermediaries, direct insureds and reinsurers. For over 120 years we’ve been industry leaders in a variety of specialist areas.
Working here: A career with us means the freedom to flourish. Whether you’re beginning your journey or ready to make your next move you’ll find a team of talented, inspirational people who care about their work and each other. What really sets us apart is our people. We’re a diverse range of passionate advocates for doing things differently. We work together as one team, and our aim is always the outcome that will benefit everyone.
About the Team: The team secures risk transfer solutions for professionals operating across a wide range of sectors, from established businesses through to new start-ups, on a direct basis and via third party intermediaries around the globe. When working with retail and wholesale brokers, cover holders and MGAs, we assist in arranging cover that addresses the current professional liability exposures referenced above.
What you’ll do: We are looking for a highly skilled Wordings Technician to join our team, providing technical product expertise and contributing to the development of innovative professional and financial lines products. As a Wordings Specialist, you will work closely with Account Handlers and Brokers, helping to draft bespoke contracts and negotiating directly with underwriters. Your expertise will be essential in delivering technical input and presentations for renewal and new business tenders, including reviewing underwriters’ wordings.
You will play a key role in establishing and maintaining relationships with insurers, clients and market bodies, as necessary, while helping to oversee Miller wordings and endorsements. Additionally, you will ensure regulatory product governance within the division, supervise insurer partner wordings to meet requirements, and assist with the management of certificate and slip templates. You will also be key in helping with the management of facilities, lineslips and delegated authorities.
Handling technical queries both internally and externally, representing Miller at market bodies, where required, and delivering technical training to support the development of resources will also be part of your role. In this role, you will be expected to adhere to Miller’s policies and procedures, which encompass compliance, legal, and financial crime-related legislation and regulations. You will also comply with external rules and requirements, such as those imposed by Lloyd’s byelaws and FCA rules. Promoting Miller’s brand and values to enhance its reputation in the market is essential.
The ideal candidate will have comprehensive knowledge of International and US Casualty Wordings. A good working knowledge of Market Reform Contract and a competent level of skill in Microsoft Word, Excel, and Outlook are essential. Strong attention to detail in work, communication, and planning is a must. You should have experience in the International and US Liability Insurance Broking Sector, with experience in Wholesale and Retail, and, be proficient in creating or editing bespoke wordings or clauses for International or US Forms.
This is an exciting opportunity for an experienced and skilled professional to contribute to our success in delivering high-quality solutions and building strong partnerships across the industry.
Role responsibilities:
- Establish and maintain strong relationships with insurers, clients, and market bodies, supporting oversight of Miller’s wordings and endorsements.
- Ensure robust regulatory product governance within the division.
- Supervise insurer partner wordings to ensure they meet all relevant requirements.
- Assist with the management of certificate and slip templates.
- Play a key role in the administration of facilities, lineslips, and delegated authorities.
- Handle complex technical queries both internally and externally.
- Deliver technical training to support the ongoing development of internal resources.
- Adhere to Miller’s policies and procedures, including those relating to compliance, legal matters, and financial crime prevention, as well as broader regulatory and legislative requirements.
- Comply with external regulations, including Lloyd’s byelaws and FCA rules.
- Actively promote Miller’s brand and values to enhance the company’s reputation in the market.
Qualifications:
- Extensive knowledge of International and US Casualty Wordings.
- Strong working knowledge of the Market Reform Contract (MRC).
- Proficiency in Microsoft Word, Excel, and Outlook.
- Exceptional attention to detail in all aspects of work, communication, and planning.
- Experience in the International and US Liability Insurance Broking sector, both Wholesale and Retail.
- Demonstrable ability to draft and amend bespoke wordings or clauses for International or US insurance forms.
On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance
- Minimum of 25 days annual leave (with flexibility to buy more)
- Life Assurance
- Income Protection
- Critical Illness cover
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave
At Miller, we are committed to creating an inclusive and supportive environment for all candidates. If you require any adjustments or accommodations to support you during the application process, please don’t hesitate to let us know.
Ready to take the next step in your career? Join Miller and be part of a team where your expertise drives success.
Senior Wordings Architect – Insurance Contracts employer: MILLER INSURANCE LLC
Miller is an exceptional employer that fosters a collaborative and inclusive work culture, where talented individuals are encouraged to thrive and innovate. With a strong commitment to employee development, we offer extensive growth opportunities alongside a competitive benefits package, including a generous pension contribution and private medical insurance. Located in London, our global presence allows for diverse experiences and the chance to work with industry leaders, making it a rewarding environment for professionals in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Wordings Architect – Insurance Contracts
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector, especially those who work with wordings or contracts. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss International and US Casualty Wordings confidently. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind. Plus, it shows you’re genuinely interested in the role and the company.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll be part of a community that values innovation and collaboration in the insurance industry.
We think you need these skills to ace Senior Wordings Architect – Insurance Contracts
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Wordings Architect role. Highlight your experience with International and US Casualty Wordings, and don’t forget to mention your proficiency in drafting bespoke contracts!
Showcase Your Skills:We want to see your technical expertise shine! Include specific examples of how you've handled complex technical queries or delivered training in your previous roles. This will help us understand how you can contribute to our team.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate attention to detail, so make sure your application is free from typos and errors!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at MILLER INSURANCE LLC
✨Know Your Wordings Inside Out
Make sure you brush up on your knowledge of International and US Casualty Wordings. Be prepared to discuss specific examples of bespoke contracts you've drafted or amended, as well as your understanding of the Market Reform Contract. This will show that you're not just familiar with the terminology but can apply it in real-world scenarios.
✨Showcase Your Relationship-Building Skills
Since this role involves establishing strong relationships with insurers and clients, think of examples where you've successfully built rapport in previous positions. Be ready to share how you handle complex queries and maintain those relationships over time. This will demonstrate your interpersonal skills and ability to work collaboratively.
✨Prepare for Technical Questions
Expect to face technical questions related to regulatory product governance and compliance. Brush up on Miller’s policies and procedures, as well as external regulations like Lloyd’s byelaws and FCA rules. Being able to articulate your understanding of these areas will set you apart as a knowledgeable candidate.
✨Practice Your Presentation Skills
As you'll be delivering technical training and presentations, practice explaining complex concepts clearly and concisely. Consider doing mock presentations to friends or colleagues to get comfortable. This will help you convey your expertise effectively during the interview and show that you can communicate well with both internal teams and external partners.
