Junior Wordings Technician

2 weeks ago

London, United Kingdom Lockton Companies Full time

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

Job type

Experienced Professional

Workplace

Hybrid

Your Responsibilities

Lockton is the world’s largest privately held independent insurance broker. Their focus is to provide their clients with the best in risk management, insurance and employee benefits consulting.

The entrepreneurial culture of the business is reflected in empowering associates to act quickly, learn fast and provide the right solutions for their clients.

This is a newly created role for an additional Technical Wordings support individual to join the Lockton P&C Specialties Wordings team, working closely with Account Managers and Broking teams. In this role you will assist with the drafting of insurance policy wordings, wording endorsements, wording comparisons and for new insurance products, as these are developed.

The role will best suit those individuals who are highly driven and motivated, able to work under pressure and have an excellent grasp of English to at least A Level standard. Previous insurance experience is not essential but would be advantageous. We would also consider someone who is keen to start and develop a career in the industry.

In this role you will gain a good understanding of insurance and receive training on all aspects of policy wordings and insurance coverages, including how to construct a policy wording.

Your key responsibilities in the role will include:

  • Amending wordings per Underwriter and Client requested changes
  • Preparing and drafting wordings per Underwriter quotes and Client submissions
  • Preparing wording endorsements
  • Reviewing Market Reform Contracts to ensure that they reflect the coverages / clauses and conditions per the policy wordings
  • Drafting and constructing policy wordings and schedules for pre-prepared wordings
  • Wording comparisons between two policies to highlight differences in the coverage each wording is providing when an Insured changes their Underwriters 
  • Supporting the team with day-to-day wording tasks
  • Responsibility for maintaining and updating the wordings workflow Excel spreadsheet
  • Work effectively within the team using interpersonal skills to collaborate with colleagues, while also providing technical support
  • Attending client meetings and work on the renewal placements, and handling wordings enquiries throughout the year, as required.
Qualifications

Suitable candidates for the role will need to be able to demonstrate:  

  • Excellent attention to detail
  • Quick learner
  • Proficiency in a process-driven role
  • Diligence and ability to take ownership and work on own initiative
  • Professional verbal and written communication skills in order to liaise with insurers, clients & other departments
  • Able to effectively prioritise your workload, manage time and ensure deadlines are met without compromising quality 
  • Strong Microsoft Office experience i.e. Word, Outlook, Excel is essential
  • Working in support of other team colleagues
  • Willingness and ability to continue to develop knowledge through formal and informal learning, both internal and external to the Company
  • Candidates will be encouraged to undertake CII studies
  • Strong literacy skills – educated to a minimum of A Level and above in English

We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.

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