Senior Reinsurance Wordings Specialist

Senior Reinsurance Wordings Specialist

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Draft and negotiate bespoke treaty Reinsurance wordings while managing stakeholder relationships.
  • Company: Join Prospections, a rapidly growing leader in the reinsurance market.
  • Benefits: Enjoy flexible remote work options and collaboration with a dynamic London team.
  • Why this job: Be the go-to expert in a pivotal role that shapes industry standards.
  • Qualifications: Strong experience in treaty Reinsurance wordings and excellent negotiation skills.
  • Other info: Opportunity for continuous improvement and career growth in a supportive environment.

The predicted salary is between 36000 - 60000 £ per year.

Join to apply for the Senior Reinsurance Wordings Specialist role at Prospections (International) Limited

As an experienced Reinsurance Wordings Drafter, this is a career opportunity for you to be the go-to expert for complex treaty Reinsurance Wordings, leading negotiations and setting the standard for excellence. Working closely with Brokers, Clients and Legal teams, you\’ll ensure every contract aligns with business objectives whilst navigating evolving Regulatory landscapes.

This is a pivotal role for the business, it\’s growing rapidly and you\’ll be able to ensure it does so in the best possible way – and leading the Market while doing so.

You\’ll need an International focus however your Broker contacts will be UK based.

This role offers genuine flexibility with remote working, though you\’ll need to collaborate closely with the London Broking team. Also you\’ll be able to work from local offices, if you prefer.

As Senior Reinsurance Wordings Specialist your main responsibilities will include:

  • Draft and negotiate bespoke treaty Reinsurance wordings
  • Manage stakeholder relationships across Production, Placement, Claims and Compliance
  • Establish wordings standards and best practices across the organisation
  • Maintain template repositories and drive continuous improvement
  • Monitor market developments and embed Regulatory requirements

To be a successful Senior Reinsurance Wordings Specialist you\’ll demonstrate:

  • Strong treaty Reinsurance wordings experience in the London Market
  • Ability to create bespoke wordings from scratch
  • Strong negotiation skills and Contract Certainty expertise
  • Knowledge of Regulatory frameworks and contract law
  • Commercial awareness with meticulous attention to detail
  • Excellent communication and stakeholder management skills

We are an equal opportunities employer and welcome applications from all qualified candidates.

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Senior Reinsurance Wordings Specialist employer: Prospections (International) Limited

At Prospections (International) Limited, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Senior Reinsurance Wordings Specialist, you will enjoy the flexibility of remote working while being part of a dynamic team in London, with ample opportunities for professional growth and development in a rapidly expanding market. Our commitment to excellence and employee well-being ensures that you will thrive in your role, making a meaningful impact in the reinsurance industry.
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Contact Detail:

Prospections (International) Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Reinsurance Wordings Specialist

✨Tip Number 1

Network like a pro! Reach out to your contacts in the industry, especially those in the London Market. A friendly chat can lead to opportunities that aren’t even advertised yet.

✨Tip Number 2

Showcase your expertise! Prepare a portfolio of your best work related to treaty Reinsurance wordings. This will help you stand out during interviews and discussions with potential employers.

✨Tip Number 3

Stay updated on market trends and regulatory changes. Being knowledgeable about the latest developments will not only impress interviewers but also show that you’re proactive and engaged in your field.

✨Tip Number 4

Apply through our website! We make it easy for you to submit your application directly, ensuring it gets the attention it deserves. Plus, you’ll be one step closer to joining a dynamic team!

We think you need these skills to ace Senior Reinsurance Wordings Specialist

Reinsurance Wordings Drafting
Negotiation Skills
Contract Certainty Expertise
Regulatory Framework Knowledge
Contract Law Understanding
Commercial Awareness
Attention to Detail
Stakeholder Management
Communication Skills
Bespoke Wordings Creation
Continuous Improvement
Market Development Monitoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Reinsurance Wordings Specialist role. Highlight your experience with treaty wordings and any relevant negotiations you've led. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of regulatory frameworks and how you can contribute to our team's success. We love a good story!

Showcase Your Negotiation Skills: Since negotiation is key in this role, make sure to include examples of successful negotiations you've conducted. We want to know how you handle complex situations and ensure contract certainty. Don't hold back!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!

How to prepare for a job interview at Prospections (International) Limited

✨Know Your Wordings Inside Out

Before the interview, make sure you’re well-versed in the specifics of treaty reinsurance wordings. Brush up on your past experiences and be ready to discuss how you've drafted and negotiated bespoke wordings. This will show your expertise and confidence in the subject matter.

✨Showcase Your Negotiation Skills

Prepare examples that highlight your negotiation skills. Think about challenging situations you've faced and how you navigated them to achieve contract certainty. Being able to articulate these experiences will demonstrate your capability to lead negotiations effectively.

✨Understand Regulatory Frameworks

Familiarise yourself with the latest regulatory developments affecting the reinsurance market. Be prepared to discuss how you’ve embedded these requirements into your work. This knowledge will illustrate your commercial awareness and attention to detail, which are crucial for the role.

✨Engage with Stakeholders

Think about how you’ve managed relationships with brokers, clients, and legal teams in the past. Prepare to share specific instances where your communication skills made a difference. This will help convey your ability to collaborate effectively across various departments.

Senior Reinsurance Wordings Specialist
Prospections (International) Limited
Location: City of London
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