At a Glance
- Tasks: Draft bespoke contracts and negotiate with underwriters to secure risk transfer solutions.
- Company: Join a leading independent (re)insurance broking firm with a global presence.
- Benefits: Inclusive environment, career growth opportunities, and a supportive team culture.
- Why this job: Make an impact in the insurance industry while working with passionate professionals.
- Qualifications: Extensive knowledge of International and US Casualty Wordings and strong attention to detail.
- Other info: Be part of a diverse team that values innovation and collaboration.
The predicted salary is between 48000 - 72000 £ 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.
- Represent Miller at market bodies as required.
- 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.
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.
Senior Wordings Specialist employer: MILLER INSURANCE LLC
Contact Detail:
MILLER INSURANCE LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Wordings Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you showcase why you're the perfect fit for the team at Miller.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the role of a Senior Wordings Specialist. Highlight your skills in drafting bespoke contracts and your knowledge of international and US casualty wordings.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our awesome team at Miller.
We think you need these skills to ace Senior Wordings Specialist
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Wordings Specialist 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 skills in action! Use specific examples from your past work to demonstrate your attention to detail and your ability to handle complex technical queries. This will help us understand how you can contribute to our team.
Be Authentic: Let your personality shine through in your application. We value diversity and want to know what makes you unique. Share your passion for the industry and how you align with Miller’s values and mission.
Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and ensure it reaches the right people. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at MILLER INSURANCE LLC
✨Know Your Wordings Inside Out
As a Senior Wordings Specialist, you’ll need to demonstrate your extensive knowledge of International and US Casualty Wordings. Brush up on the latest trends and regulations in the industry, and be prepared to discuss specific examples of bespoke wordings you've created or edited.
✨Showcase Your Technical Skills
Make sure you’re comfortable with Microsoft Word, Excel, and Outlook, as these tools will be essential in your role. During the interview, highlight any relevant projects where you’ve used these applications to draft contracts or manage data effectively.
✨Build Rapport with Interviewers
Since establishing relationships is key in this role, practice building rapport during your interview. Be personable and engaging, and don’t hesitate to ask insightful questions about the team and company culture to show your interest in collaboration.
✨Prepare for Technical Queries
Expect to handle complex technical queries during the interview. Prepare by reviewing common issues faced in the industry and think through how you would approach resolving them. This will showcase your problem-solving skills and technical expertise.