Senior Commercial Specialist
1 month ago
Senior Wordings Specialist
Our client a prestigious London Insurer as a Senior Wordings Specialist and become a pivotal part of their dynamic team. They are dedicated to providing innovative insurance solutions and are seeking an experienced professional to lead their international wordings department.
Lead the development and enhancement of insurance policy wordings, ensuring clarity, accuracy, and compliance with regulatory requirements
Collaborate with underwriters, legal experts, and other stakeholders to create bespoke policy wordings tailored to specific risks
Policy Review and Analysis:
Review and analyse existing policy wordings to identify areas for improvement or updates
Ensure that policy wordings accurately reflect the scope of coverage and align with underwriting guidelines
Regulatory Compliance:
Stay abreast of regulatory changes and industry developments to ensure that policy wordings remain compliant with relevant laws and regulations
Work closely with compliance professionals to address any regulatory concerns or issues
Serve as the primary point of contact for internal and external stakeholders on matters related to policy wordings
Provide guidance and support to underwriters, brokers, and clients regarding policy interpretation and coverage
Training and Development:
Provide training and guidance to junior members of the wordings team, fostering their professional development and enhancing overall expertise
Conduct workshops or seminars to educate internal stakeholders on best practices for policy wordings
Maintain comprehensive documentation of all policy wordings, revisions, and updates
Extensive experience in insurance policy wordings within the London market
Strong analytical and critical thinking skills, with the ability to interpret complex legal language and insurance terminology
Proven track record of leading wordings projects and initiatives, with a focus on delivering high-quality results
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