Senior Wordings Counsel

Responsibilities

Wordings & Product:

1. Be responsible for the design, technical content, and final production of insurance documentation, including Policy Wordings, Evidence of Cover documents, Certificates of Insurance and Reinsurance, IPID’s, Proposal Forms, and Promotional/Marketing brochures.
2. Draft or approve documentation across the full range of products underwritten by W/R/B.
3. Provide advice and support to underwriters on all Wordings related matters, operating in line with WRB’s Wordings Protocols.
4. Maintain a library of wordings for use by underwriters.
5. Act as a member of WRB’s Product Oversight Group, providing wordings advice and support to the Group on SME Products.
6. Develop and maintain clear and simple wordings for WRB’s SME customers.
7. Develop good relationships with underwriters, brokers, coverholders, and internal stakeholders.
8. Communicate market and regulatory guidance regarding policy wordings/exclusionary language to internal stakeholders.
9. Support compliance, delegated authority, and underwriting management functions by drafting insurance-specific agreements and documents, such as binding authority agreements.
10. Conduct training for staff as required.

Commercial:

1. Review and negotiate commercial agreements.
2. Maintain a UK ‘playbook’ to establish standard requirements for commercial agreements.
3. Develop relationships with selected corporate and commercial counsel to streamline the review process.

Qualifications

1. England & Wales qualified practising solicitor (or equivalent) with professional qualifications.
2. Proven experience in an Underwriting, Broking, or law firm environment.
3. Experience with commercial and SME insurances across different lines of business.
4. Experience with regulatory product governance requirements related to insurance products, policies, and documentation.
5. Professionalism and dedication to customer service and positive customer outcomes.
6. Ability to work independently with minimal supervision.
7. Excellent written and oral communication skills.
8. Ability to contribute constructively to product specification and design for new and existing business.
9. Good administrative and time management skills.
10. Strong interpersonal and negotiation skills.

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