Job Description
New Vacancy - Senior Wordings Specialist (2/3 Months Interim Contract)City of LondonLloyd's Insurer
I am currently partnered with a leading Lloyd's Syndicate who are seeking a Senior Wordings Specialist to join their team on a short interim basis and someone who is available ASAP.
This role will focus on mainly Financial Lines, along with some P&C. You will be responsible for the design, technical content and production of insurance documents including policy wordings, evidence of cover, certificates of insurance, etc. You will also be in charge of drafting and approving documents.
Key Responsibilities
* Design, review, and oversee the production of insurance documentation, including policy wordings, certificates, IPIDs, proposal forms, and marketing materials.
* Draft and approve documentation for all products underwritten by the Syndicate.
* Provide expert advice and guidance to underwriters on all matters related to insurance wordings, ensuring alignment with the Syndicates Wordings Protocols.
* Maintain and manage a centralised wording library for underwriter use.
* Participate in the Product Oversight Group, offering wordings expertise on SME products.
* Develop and maintain clear, concise, and customer-friendly wordings for SME offerings.
* Build and maintain strong working relationships with underwriters, brokers, coverholders, and internal teams.
* Monitor and communicate regulatory and market developments relating to policy wordings and exclusionary language.
* Support compliance, delegated authority, and underwriting management in drafting insurance-related agreements, such as binding authority contracts.
* Deliver training sessions and guidance to staff on wordings and documentation best practices.