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Contract Wordings Analyst
2 months ago
New Vacancy: Contract Wordings Analyst
Lloyd's Syndicate
City of London / Hybrid
We are currently partnered with a leading Lloyd's Syndicate who are seeking a Contract Wordings Analyst to join their growing team.
My client is looking for someone with at least 2 years Wordings experience within the London Market. They cover a range of classes including Casualty, Crisis Management, Property, Marine, Energy and Specialty, so experience within at least one of these would be essential.
Key Responsibilities:
- Collaborating with underwriters to assist in addressing coverage and regulatory issues during the risk placement process.
- Up-keeping and enhancing our internal wording resources and databases.
- Enhancing the technical expertise of our underwriters through training and development on contractual matters.
- Enforcing our underwriting standards and controls when finalising contracts.
- Representing the company in the market to offer solutions for new risks and legal developments.
- Embracing a diverse international portfolio, working closely with colleagues in Europe and the USA for a varied workload.
Experience Required:
- Experience in the Lloyd's market, including exposure to either Open Market or DA business.
- Experience in drafting contracts with a keen eye for detail.
- A deep understanding of insurance products and their value to customers from a commercial perspective.
- The confidence to make coverage decisions, articulate the reasoning behind them, and assess the significance of technical details.
- Proficiency in advanced MS Word and document formatting.
- Ability to excel both independently and as part of a team.
