Senior Wordings Consultant

Primary Details

Time Type: Full time

Worker Type: Employee

Senior Wordings Consultant
- (London/home hybrid working)_
- QBE’s European Operations, which accounts for over 27% of QBE Group turnover, is a leading specialist in UK, London market and European commercial lines business. Active in both the Lloyd’s and company market, QBE offers considerable diversity to the broking community. We are a socially responsible company and give our customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects._

We are currently looking to speak with Wordings professionals as we establish our in-house department. Lead by our Head of Wordings, this role will partner closely with Underwriters in the management of risk relating to all underwriting documentation whilst providing training and engagement cross-departmentally on insurance regulation, law and specific wordings related matters.

Your responsibilities for this role may include, but are not limited to
- Contribute to, monitor and advise on the wordings business plan developments and changes in order to ensure relevance, compliance and optimal delivery
- Draft more complex or special policy wordings and other support documents to ensure accuracy and effectiveness as well as reviewing, advising on & amending specific clauses
- Become a reliable and trusted advisor to the business on legal and regulatory issues that impact on policy wordings
- Maintain up to date knowledge of market, legal and FCA requirements & guidelines so that wordings meet legal requirements
- To be aware of the business plans for each portfolio and its impact on underwriter documentation and prioritise work accordingly including team planning of medium term document review and new product projects
- To be aware of an anticipate market led developments and feed this into wording strategy.
- To propose and support EO Wordings Team initiatives to ensure practical support is provided to the business
- Supervise and manage junior wordings team members, share knowledge and support their professional development
- Assist in appointment, dismissal, performance management and reward of the team, establishing clear accountabilities and authority levels

You will need to be able to display you have the following qualifications and experience
- Relevant and or transferable legal qualifications, preferably a law degree
- Experience working in an insurance wordings team in house, or within the insurance team of a firm of solicitors
- Commercially aware with a clear approach to resolving problems
- Extensive experience in drafting, advising on and negotiating insurance policy wordings
- Extensive technical understanding of insurance regulation and market practice, specifically insurance law knowledge
- Confident in acting independently as regards coverage scope but within the appropriate authority
- Confident communicator with the ability to explain complex legal/regulatory issues clearly and succinctly
- At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation_

How to Apply:
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.