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Insurance Wordings Specialist

2 months ago

London, Greater London, United Kingdom AXA Group Full time

Unlock Your Potential as a Wordings Specialist

AXA XL, the P&C and specialty risk division of AXA, is seeking an ambitious and adaptable individual to join their Global Wordings team as a Wordings Specialist. This exciting opportunity will allow you to demonstrate your technical drafting skills and advisory services to underwriters, their clients, and brokers, providing a service differentiator for AXA XL.

About the Role

As a Wordings Specialist, you will be an integral part of the team and the wider Legal department, supporting the underwriting business across all product lines, covering a wide variety of complex risks. Your responsibilities will include:

  • Analyzing and reviewing existing products, new products, and those of competitors, including analysis and explanation of individual clauses and entire product wordings.
  • Creating and innovating new insurance products from scratch or refining or expanding existing products, leading innovation for the AXA XL brand.
  • Collaborating with colleagues across the Wordings team, the wider Legal Department, and beyond to deliver on team goals, service delivery requirements, and internal projects.
  • Supporting underwriters in achieving underwriting discipline through coverage analysis and offering robust and clear wording solutions and highlighting potential coverage exposure to emerging risks.

Requirements

We're looking for someone with the following abilities and skills:

  • Ability to interpret and analyze insurance clause and/or wording requests and to satisfy these by drafting your own insurance clauses and wordings from scratch in a clear and robust manner.
  • Confidence to deliver your own wording solutions to underwriters, brokers, and peers both in writing and face-to-face.
  • A comprehensive understanding of what the business, legal, and compliance needs are for individual insurance classes.
  • An ability to plan and self-manage workload and work under pressure while adhering to deadlines and competing priorities.
  • An ability to work both as part of a team and independently with little or no supervision and to exercise independent judgment.

About AXA XL

AXA XL is known for solving complex risks. We partner with those who move the world forward by combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business.

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