Our client, a growing Lloyd’s syndicate, seeks a Wordings specialist to draft, review, and manage insurance policy wordings, clauses, and endorsements to ensure legal and regulatory compliance while meeting key business needs. You will have a proven track record of working in the Lloyd’s/London insurance market and will be proficient in the use of Microsoft Office and Business Intelligence tools.
Key responsibilities will include:
*Creating and uploading policy wordings, clauses, and endorsements to reflect underwriting intent, regulatory requirements, and company standards
*Collaborating with Underwriters to provide workings advice, ensuring documents align with regulatory standards and market practice
*Ensuring all policy language is legally and regulatorily compliant and that documentation aligns with binding authority agreements
*Providing expert advice to underwriters and other departments on policy language, coverage, and potential risks
*Developing and maintaining libraries of approved template wordings and clauses
*Working closely with various parties to ensure consistent and accurate documentation
*Monitoring regulatory developments and market trends to inform policy drafting and advise on market practice
*Delivering training sessions and guidance to staff on best practices for wordings and documentation
*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*