WORDINGS ANALYST to £45,000 neg aae
Lloyds Syndicate based in the City are seeking an individual to assist in the drafting, reviewing and agreement of policies, contracts and agreements.
Cross class business - Marine and Non Marine.
oEnsure compliance with TCMA Pre Bind Protocols for Lead and Follow Business
oDraft new products or clauses in appropriate language and review and advise on wordings received from brokers;
oReceive and log wordings and addenda onto database and collaborate with database development
oCheck assigned wordings/addenda for content
oDeveloping and managing relationships with market representatives, Brokers, Clients, Underwriters and responding to queries in a timely manner;
Administration of libraries
oAssist in development of the Syndicate Wordings and Clauses library.
oEnsure continuing knowledge and compliance with legal and regulatory requirements to ensure obligations are met; maintain up to date knowledge of Lloyd's Minimum Standards, contract certainty codes, market protocols and market guidelines;
oInvestigate the use of technologies to assist in the drafting or review of new or updated wordings/clauses.
Proven experience of working on Direct Insurance Policies and Wordings in a London Market Environment
Familiar with London Market Reform Initiatives, including:
oContract Certainty/ PBQA
oMarket Reform Slip
oLloyds Quality Assurance Tool
Experience in assessing deviations from anticipated structure of wordings and clauses
Working knowledge of Microsoft Office and London Market systems
Please apply quoting ref 5381