Wordings Specialist - Insurance Contracts

Wordings Specialist - Insurance Contracts

Posted Today by Eames Consulting

Negotiable
Undetermined
Undetermined
London, United Kingdom

Summary: The Wordings Specialist role at a Lloyd's Syndicate involves shaping the contract strategy by providing technical guidance and support across various business lines. The position requires expertise in drafting, reviewing, and negotiating insurance policy wordings while ensuring compliance and clarity. The specialist will also deliver training on best practices and stay updated on regulatory developments. This role is ideal for a detail-oriented professional looking to make a significant impact in a dynamic environment.

Key Responsibilities:

  • Develop and implement wordings strategy, working closely with underwriting, claims, and legal teams.
  • Draft, review, and negotiate policy wordings, endorsements, and delegated authority agreements.
  • Provide expert advice on insurance contract issues, ensuring clarity and compliance.
  • Deliver training and mentorship on wordings best practices.
  • Stay ahead of regulatory developments and emerging risks to maintain market-leading expertise.

Key Skills:

  • Strong experience advising on insurance contracts and wordings, ideally within the London market.
  • Deep understanding of Lloyd's market practices, subscription models, and policy frameworks.
  • Ability to simplify complex wording issues and offer practical solutions.
  • Excellent communication and stakeholder management skills.
  • Experience with binding authority agreements, market reform contracts, and underwriting systems.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other