Contract Wording Specialist

1 week ago


City Of London, United Kingdom HFG Insurance Recruitment Full time

About HFG Insurance Recruitment

HFG Insurance Recruitment is a leading provider of insurance professionals to the Lloyd's market. We are currently partnering with a leading Lloyd's Syndicate to find a skilled Contract Wording Analyst to join their growing team.

Job Summary

We are seeking a highly experienced Contract Wording Analyst to join our client's team. The successful candidate will have a deep understanding of insurance products and their value to customers from a commercial perspective.

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.
  • Work closely with colleagues in Europe and the USA for a varied workload.

Requirements

  • Experience in the Lloyd's market, including exposure to either Open Market or DA business.
  • Experience in drafting contracts with a keen eye for detail.
  • A deep understanding of insurance products and their value to customers from a commercial perspective.
  • The confidence 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.


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