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Contract Wordings Specialist

2 months ago

London, United Kingdom HFG Insurance Recruitment Full time

New Vacancy - Contract Wordings Specialist

The information below covers the role requirements, expected candidate experience, and accompanying qualifications.
Lloyd's Syndicate
City of London
HFG are currently recruiting for a leading Lloyd's Syndicate who are seeking a Wordings Specialist to join their growing team.
My client is looking for someone with Wordings experience within the London Market, they cover a range of lines of business including but not limited to Property, Casualty, Financial Lines, PV/Terrorism, Marine & Energy. They are looking for someone with 2+ years within a similar role.

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.

What is Needed:

  • 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.