Job Description
Wise May is recruiting for an Insurance Policy Wordings Specialist with London Market insurance experience to join a global insurance and reinsurance provider, to ensure legal and regulatory compliance within policy wordings, clauses, contracts and endorsements.
This is a full time, permanent position with hybrid working (4 days in the office and 1 day remote).
Policy Wordings Specialist duties and responsibilities:
* Collaborate with Underwriters and other teams to provide advice and guidance on policy language, coverage and potential risks.
* Ensure documents are legally and regulatorily compliant and align with regulatory standards, market practice and binding authority agreements.
* Create and upload policy wordings, clauses, and endorsements to reflect underwriting intent, regulatory requirements, and company standards.
* Develop and maintain libraries of approved template wordings and clauses.
* Actively monitor and analyse regulatory developments and market trends.
* Deliver training sessions to internal teams on best practices for wordings and documentation.
Policy Wordings Specialist key skills and experience required:
1. In-depth understanding of London Market insurance products, insurance wordings and contract law.
2. Adept at interpreting ...