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London, Greater London, United Kingdom Chaucer Group Full timeBecome an integral part of the team, supporting the underwriting business across all core, direct lines of business. Working with the Head of Wordings and other team members, you will be responsible for the review of slip policies and contract wordings, including ad-hoc drafting requests where required, to ensure that policy documentation aligns with...
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Wordings Technician
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Wordings Technician (Insurance or Legal exp) About us Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, we are closer to our clients across the world. The role Become an integral part of the team, supporting the underwriting business across all core, direct lines of business. Working with the Head of Wordings and other team members, you will be responsible for the review of slip policies and contract wordings, including ad-hoc drafting requests where required, to ensure that policy documentation aligns with underwriter intentions, regulatory requirements, and the wider underwriting strategy. Main Duties: Provide technical advice to underwriters on all wordings related matters. Draft and review slip policies and contract wordings, including analysis and explanation of individual clauses, always with a focus on delivering a timely and commercial solution to any issue raised. Assist the Head of Wordings, and other team members, with day-to-day wordings related tasks. Raise the awareness of wording clauses and their impact on coverage to the wider business. Lead reviews and amends on contract wordings in line with updates in Consumer Duty regulations. Liaise with market peers and remain fully abreast of market developments and trends. Format and stylise newly drafted wordings, complying with relevant jurisdictional requirements and maintaining Chaucer branding. Our Requirements: Experience of working on policies and wordings in a London Market environment or experience of working in a legal and or regulatory environment. Working knowledge of Microsoft Office. Working knowledge of Standard Market Wordings, Clauses and Endorsements. Familiar with London Market Reform Initiatives, including Contract Certainty, Market Reform Slip, Lloyd's Crystal Familiarity with market protocols and market guidance. Why Join Chaucer? Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk-from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we’re close to our clients wherever they are. We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success. We offer: A flexible office hybrid work model that supports individual and team needs. A diverse, inclusive culture that values people for who they are. Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support. London, England, United Kingdom #J-18808-Ljbffr
