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Contract Wording Specialist
2 months ago
HFG Insurance Recruitment is seeking a skilled Contract Wording Specialist to join our team. As a Contract Wording Specialist, you will play a crucial role in assisting underwriters in addressing coverage and regulatory issues during the risk placement process.
Key Responsibilities:- Collaborate with underwriters to address coverage and regulatory issues during the risk placement process.
- Develop and maintain internal wording resources and databases.
- Enhance the technical expertise of underwriters through training and development on contractual matters.
- Enforce underwriting standards and controls when finalizing contracts.
- Represent the company in the market to offer solutions for new risks and legal developments.
- Experience in the Lloyds market, including exposure to either Open Market or DA business.
- Experience in drafting contracts with a keen eye for detail.
- Deep understanding of insurance products and their value to customers from a commercial perspective.
- Ability 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.
