Junior Wordings Technician

Found in: Talent UK C2 - 1 week ago

London, United Kingdom Lockton Companies Full time

Junior Wordings Technician

Lockton is the world’s largest privately held independent insurance broker. Their focus is to provide their clients with the best in risk management, insurance and employee benefits consulting.

 

The entrepreneurial culture of the business is reflected in empowering associates to act quickly, learn fast and provide the right solutions for their clients.

 

This is a newly created role for an additional Technical Wordings support individual to join the Lockton P&C Specialties Wordings team, working closely with Account Managers and Broking teams. In this role you will assist with the drafting of insurance policy wordings, wording endorsements, wording comparisons and for new insurance products, as these are developed.

 

The role will best suit those individuals who are highly driven and motivated, able to work under pressure and have an excellent grasp of English to at least A Level standard. Previous insurance experience is not essential but would be advantageous.  We would also consider someone who is keen to start and develop a career in the industry.  

 

In this role you will gain a good understanding of insurance and receive training on all aspects of policy wordings and insurance coverages, including how to construct a policy wording.

 

Your key responsibilities in the role will include:

  • Amending wordings per Underwriter and Client requested changes
  • Preparing and drafting wordings per Underwriter quotes and Client submissions
  • Preparing wording endorsements
  • Reviewing Market Reform Contracts to ensure that they reflect the coverages / clauses and conditions per the policy wordings
  • Drafting and constructing policy wordings and schedules for pre-prepared wordings
  • Wording comparisons between two policies to highlight differences in the coverage each wording is providing when an Insured changes their Underwriters 
  • Supporting the team with day-to-day wording tasks
  • Responsibility for maintaining and updating the wordings workflow Excel spreadsheet
  • Work effectively within the team using interpersonal skills to collaborate with colleagues, while also providing technical support
  • Attending client meetings and work on the renewal placements, and handling wordings enquiries throughout the year, as required.

Suitable candidates for the role will need to be able to demonstrate: 

  • Excellent attention to detail
  • Quick learner
  • Proficiency in a process-driven role
  • Diligence and ability to take ownership and work on own initiative
  • Professional verbal and written communication skills in order to liaise with insurers, clients & other departments
  • Able to effectively prioritise your workload, manage time and ensure deadlines are met without compromising quality 
  • Strong Microsoft Office experience i.e. Word, Outlook, Excel is essential
  • Working in support of other team colleagues
  • Willingness and ability to continue to develop knowledge through formal and informal learning, both internal and external to the Company
  • Candidates will be encouraged to undertake CII studies
  • Strong literacy skills – educated to a minimum of A Level and above in English

 

We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.

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