Insurance Wordings Specialist
5 days ago
Berkshire Hathaway Specialty Insurance offers a unique opportunity for an experienced Senior Legal Counsel to join our European product wordings team as an Insurance Wordings Specialist. This role will report to the Chief Counsel, Product Wordings, Europe, and assist the wider product team in supporting BHSI teammates in Europe on a variety of Executive and Professional lines underwriting queries.
This position requires collaboration with global Legal, Risk, Compliance and Governance teams and direct communication with the business. As an experienced legal professional, you will be responsible for:
- Assisting underwriters in developing new insurance products in Executive and Professional Lines
- Amending insurance documentation in response to legal and regulatory changes
- Drafting, negotiating, and amending policy wordings and related documentation
- Leading negotiations regarding wordings with business partners and brokers
- Staying up-to-date with legal and regulatory developments and informing underwriters of these changes
- Instructing external counsel as necessary to provide advice on specialist topics
- Delivering training and coaching to underwriters and claims colleagues to improve wordings
A successful candidate should have:
- A qualified solicitor status in England and Wales with a minimum of 5 years' experience in insurance wordings/coverage
- Technical insurance knowledge across one or more product lines, including experience of international and multinational contracts
- Knowledge of insurance regulatory and licensing considerations
- General legal knowledge of topics such as GDPR and insurance distribution
- Understanding of the London and European company markets and the Lloyd's market
- Proficiency with SharePoint, Excel, and Word
- Excellent communication, organisational, time management, and project management skills
- Fluent English; additional European language is desirable but not essential
We offer a competitive salary, estimated to be around £120,000 - £180,000 per annum, depending on experience, plus exciting growth opportunities for career-oriented teammates. We value a dynamic, action-oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and stakeholders.
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Insurance Wordings Specialist
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Insurance Wordings Specialist
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