Senior Wording Specialist

1 day ago

London, Greater London, United Kingdom The Travelers Companies, Inc. Full time
About the Role

We are seeking a highly skilled Senior Wording Specialist to join our Bond & Specialty Insurance (BSI) team. As a Senior Wording Specialist, you will be responsible for managing and drafting wordings, ensuring the integrity of insurance contracts, and collaborating with underwriters to ensure that review of forms is completed and appropriate sign off is achieved.

Key Responsibilities
  • Manage and undertake policy wording development and control across all lines of BSI business ensuring TRV Wordings are robust and accurately drafted.
  • Work with Underwriting Officers to ensure that review of forms (TRV policies, broker forms, and competitor) is completed and appropriate sign off is achieved.
  • Collaborate with underwriters to ensure that slips and wordings meet pre-bind quality assurance before inception.
  • Manage and facilitate, the amendment and drafting of endorsements to ensure compliance with underwriters intended depth and breadth of coverage.
  • Report wordings and documentation issues to underwriters and Underwriting Officers on an exception basis so that underwriters are aware of the issues and can act accordingly.
  • Build and maintain relationships with underwriters (and brokers as needed) so that wordings and documentation issues are resolved quickly and to the satisfaction of all parties.
Requirements
  • Experience drafting underwriting policy wordings.
  • Experience managing projects.
  • Strong attention to detail & accuracy, coupled with excellent analytical & problem solving skills.
  • Acts with a sense of urgency.
  • Works effectively with all levels and can build new relationships.
  • Effectively coaches employees at all levels.
  • Takes responsibility for decisions and actions.
  • Manages own work.
  • Understands the business and responses to all related issues, concerns and problems.

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