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Senior Financial Lines Wordings Specialist
2 months ago
The Travelers Companies, Inc. is seeking a highly skilled and experienced Senior Wordings and Technical Specialist to join our esteemed team within the Financial Lines sector. This role presents a unique opportunity to contribute your expertise in crafting and managing policy wordings for a diverse range of financial products.
As a key member of our underwriting team, you will play a pivotal role in ensuring the accuracy, clarity, and comprehensiveness of our policy documents. Your responsibilities will encompass collaborating closely with underwriters, legal counsel, and business unit leaders to develop and refine wordings that effectively mitigate risk and meet the evolving needs of our clients.
Key Responsibilities:
- Lead the development and maintenance of policy wordings across all lines of Financial Lines business, ensuring consistency and adherence to industry best practices.
- Collaborate with underwriters to review and refine policy wordings, providing technical expertise and guidance to ensure accurate risk assessment and coverage.
- Stay abreast of legal and regulatory developments within the financial services sector, identifying potential impacts on policy coverage and recommending appropriate adjustments.
- Contribute to product development initiatives by providing technical insights and drafting clear and concise policy wordings that align with business objectives.
- Serve as a subject matter expert for underwriting staff, delivering training sessions and providing ongoing support to enhance their understanding of policy wordings and coverage implications.
Qualifications:
- Possess a bachelor's degree in a relevant field, coupled with significant experience in the financial lines insurance sector.
- Demonstrate a proven track record of managing projects and drafting comprehensive underwriting policy wordings.
- Exhibit strong leadership, communication, and interpersonal skills, enabling effective collaboration with stakeholders at all levels.
- Maintain a meticulous attention to detail, analytical mindset, and problem-solving abilities to ensure accuracy and clarity in policy wordings.