Wordings Specialist

3 weeks ago

London, United Kingdom Willis Towers Watson Full time

Wordings Specialist - Construction
- London, GB

July 19, 2023

**The Role**

We are looking for a Wordings Specialist to support our Construction business, ensuring contract certainty, helping to develop best practice wordings / clauses, and streamline, manage and review wordings.
- Drafting of contract Wordings, where required by the business unit
- Review of/commentary on contract wordings
- Recommendations for amendments to contract wordings
- Understanding of recent market developments in contract wordings
- Assistance with the negotiation of contract wordings with insurers
- Liaise with Corporate Departments to oversee/maintain Market Reform Contract (Slip) templates to ensure they meet the current needs of the Construction business unit. Keep the business unit apprised of all updates
- To provide technical training to placing teams on Construction insurance
- Provide technical advice to sales team and network on wordings related matters
- Review of Market Reform Contracts (Slip/MRCs), as required
- Resolve contract wordings queries from Clients, Insurers and Network
- Provide comparisons between differing wordings when required
- Monitor and prioritise own work using tracking systems
- Maintain electronic (or paper) wordings files, ensuring the appropriate file retention policy for Construction business is adhered to
- Establish and maintain good working relationships with key carrier contacts
- Wordings-related ad hoc tasks, as required.

**The Requirements**
- Good understanding of insurance and insurance contract law
- In-depth understanding of the base wordings and standard clauses of one specialist class
- In-depth understanding of the risks associated with one specialist class of insurance
- Excellent understanding of MRC/slip construction and content
- Excellent communications skills
- Organising and planning own time
- Self-motivated
- Attention to detail
- Completer/finisher
- Client focused
- Ability to turn insurance coverage requirements into clear, unambiguous and accurate written wording/policy documentation
- Good Word related PC skills
- Basic Excel knowledge, an advantage

**At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

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