Liability Wordings Specialist

Recruiter
Harrison Holgate
Location
London (Greater)
Salary
£60,000 - £69,999
Posted
27 Nov 2017
Closes
13 Jan 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
A specialist Lloyd's and Company Market Insurer is currently recruiting for a Liability Wordings Specialist to be based in the London city office.

You will be an integral part of the Liability underwriting team and will, on behalf of the underwriters, develop new wordings, developing and amending existing wordings to be tailored to and reflect the deals struck by the underwriters as well as checking policy wordings already issued to ensure accuracy and to Pre or Post Bind Quality Check Slips against Lloyd's Standards, including using Wordsensa.

Your main focus will be to:

Create (where necessary) or enhance and maintain a marketable suite of UK and International Liability wordings
Be an integral part of the Liability team, working closely with all the Liability underwriters to deliver accurate, comprehensive and unambiguous wordings
Ensure intent and meaning of cover is correctly reflected in all wordings and endorsements and that they contain consistency in language.
Work with our in house legal counsel, policy compliance and claims department in drafting new wordings and amending existing wordings and documentation to reflect actual claims experience.
Work with the Lineslip, Binder and focused brokers to develop and assist policy issuance within expected time lines and service standards.
Check the wordings of slips against Lloyd's Pre or Post Bind Quality Checks.
Ensure wordings are tidied up post bind and any errors are corrected and fully, clearly and appropriately documented.

Skills and Experience

Highly proficient wording drafting and amendment technical skills, that will likely have been gained through at least 5 years' experience
Have a broad, and strong knowledge of the Liability market