At a Glance
- Tasks: Provide technical wordings support and develop bespoke insurance documents for clients.
- Company: Join a leading independent (re)insurance broking firm with a global presence.
- Benefits: Inclusive culture, career growth opportunities, and a supportive team environment.
- Other info: Flexible application process to accommodate all candidates.
- Why this job: Make a real impact in the insurance industry while working with passionate professionals.
- Qualifications: Knowledge of insurance wordings and proficiency in Microsoft Office required.
The predicted salary is between 40000 - 50000 £ per year.
About us: 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, coverholders 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 Wordings Technician to join our team, providing prompt, accurate, and effective technical wordings support directly to clients and our business unit. A good working knowledge of wordings is preferable, particularly in relation to financial lines classes of business (including PI, D&O/ML, Cyber and Crime). You will play a vital role in assisting with the production of lineslips and delegated authorities, as well as ensuring the accurate and timely production of insurance documents, and assisting in the development of bespoke wordings for clients. You will also prepare slips, policies, clauses, Evidences of Cover, and other wording products, as required. Your responsibilities will also include performing quality control checks on slips and wordings prior to broking, where required, contributing to oversight of products (product governance), contributing to product comparisons and reviews for client tenders. In addition to your technical expertise, you will provide suggestions to brokers on enhancing cover, adhere to company policies and procedures, and meet compliance, legal, and financial crime-related regulations. You will also ensure external rules and requirements, such as Lloyd’s byelaws and FCA rules, are fully observed, while promoting our brand and values to enhance our reputation in the market.
The ideal candidate will hold a Chartered Insurance Institute (CII) Certificate or Diploma (preferred) and have some knowledge of International and US Casualty Wordings. A 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 preferably some experience in creating or editing bespoke wordings or clauses for International or US Forms.
Roles responsibilities:
- Provide prompt, accurate, and effective technical wordings support directly to clients and the business unit.
- Utilise strong knowledge of wordings, especially for financial lines classes (e.g. PI, D&O/ML, Cyber, and Crime).
- Assist in the production of lineslips and delegated authorities.
- Ensure accurate and timely production of insurance documents.
- Help develop bespoke wordings for clients.
- Prepare slips, policies, clauses, Evidence of Cover, and other wording products as required.
- Perform quality control checks on slips and wordings prior to broking.
- Contribute to product oversight and governance, including product comparisons and reviews for client tenders.
- Suggest enhancements to brokers for client cover.
- Adhere to company policies and procedures, and comply with legal, regulatory, and financial crime-related requirements.
- Ensure compliance with external rules and regulations, including Lloyd’s byelaws and FCA rules.
- Promote the company’s brand and values to enhance its market reputation.
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.
Wordings Technician in London employer: Miller
At Miller, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London headquarters provides a vibrant environment where employees can thrive, with ample opportunities for professional growth and development in the (re)insurance sector. We are committed to inclusivity and support, ensuring that every team member feels valued and empowered to contribute to our shared success.
StudySmarter Expert Advice🤫
We think this is how you could land Wordings Technician in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on 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 stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain why you're the perfect fit for the Wordings Technician role. Highlight your experience with financial lines and your attention to detail – these are key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our awesome team.
We think you need these skills to ace Wordings Technician in London
Some tips for your application 🫡
Know Your Stuff:Make sure you have a solid understanding of wordings, especially in financial lines like PI and Cyber. This will not only help you stand out but also show us that you're ready to hit the ground running.
Tailor Your Application:Don’t just send a generic CV and cover letter. Tailor your application to highlight your experience with International and US Casualty Wordings. We love seeing how your skills align with what we do!
Show Off Your Attention to Detail:Since this role requires a keen eye for detail, make sure your application is free from typos and errors. A polished application reflects your commitment to quality, which is super important for us.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people and shows us you’re serious about joining our team!
How to prepare for a job interview at Miller
✨Know Your Wordings Inside Out
Make sure you brush up on your knowledge of financial lines classes, especially PI, D&O/ML, Cyber, and Crime. Be prepared to discuss specific examples of how you've worked with these wordings in the past, as this will show your expertise and confidence.
✨Showcase Your Attention to Detail
Since the role requires exceptional attention to detail, be ready to share instances where your meticulousness made a difference. Whether it was catching an error in a policy or ensuring compliance with regulations, highlight your ability to maintain high standards.
✨Familiarise Yourself with Compliance Regulations
Understanding Lloyd’s byelaws and FCA rules is crucial for this position. Do some research and be prepared to discuss how you’ve adhered to these regulations in previous roles. This will demonstrate your commitment to compliance and governance.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, company culture, and how they approach bespoke wordings. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
