Job Description
About us
Avencia Talent Solutions are recruiting on behalf of a leading Specialty Insurer who have a new position in their Wordings team for a Specialist to join.
The role
The Wordings Specialist provides technical contract wordings support to underwriting teams across the business. The role focuses on reviewing, drafting and developing policy wordings, endorsements and reinsurance documentation under the guidance of senior members of the Contract Wordings team.
This role is suitable for someone who has developed a foundational understanding of insurance contract wordings and is ready to take on greater responsibility for independent reviews, while continuing to build technical capability across multiple lines of business.
The Wordings Specialist plays an important role in maintaining contract quality, consistency and governance, and in supporting underwriting performance through clear and effective contract drafting.
Key accountabilities
- Drafting and reviewing policy wordings, endorsements and reinsurance contracts in line with allocated work and agreed procedures.
- Providing clear and accurate contract wordings support to underwriters, escalating complex or novel issues to senior members of the team where appropriate.
- Developing and applying a working understanding of key contractual mechanisms including insuring clauses, conditions, exclusions, warranties and limits.
- Supporting the development, maintenance and use of clause libraries, model wordings and team guidance materials.
- Assisting with post-bind contract sampling, quality assurance activity and remediation of identified issues.
- Participating in internal projects to improve wording standards, governance and operational processes.
- Contributing to the preparation of training materials and supporting delivery of basic training sessions for underwriters where appropriate.
- Building effective working relationships with underwriters, claims, compliance and legal colleagues.
- Actively engaging in learning and development through mentoring, feedback and on-the-job training.
Skills & experience
- Experience working with insurance or reinsurance contract wordings, or in a related technical insurance role.
- A developing technical understanding of insurance policy construction and contract drafting principles.
- Strong written communication skills with good attention to detail and accuracy.
- Ability to organise and prioritise workload effectively.
- Confidence to ask questions, seek guidance and escalate issues appropriately.
- Ability to work collaboratively with underwriters and other internal stakeholders.
