Responsibilities

Wordings & Product:

• To be responsible for the design, technical content and final production of insurance documentation

including Policy Wordings, Evidence of Cover documents, Certificates of Insurance and Reinsurance,

IPID’s, Proposal Forms and Promotional/Marketing brochures;

• To draft or approve documentation across the full range of products underwritten by W/R/B;

• To provide advice and support to underwriters on all Wordings related matters and to operate

Wordings advice in line with WRB’s Wordings Protocols;

• To maintain a library of wordings for use by underwriters;

• To act as a member of WRB’s Product Oversight Group providing wordings advice and support to the

Group on SME Products;

• To develop and maintain clear and simple wordings for WRB’s SME customers;

• To develop good relationships with underwriters, brokers, coverholders and internal stakeholders;

• To communicate market and regulatory guidance in respect of policy wordings/exclusionary language

to internal stakeholders;

• To provide support to compliance, delegated authority and underwriting management functions in

drafting insurance specific agreements and documents, such as binding authority agreements; and

• To conduct training for staff as required;

Commercial:

• To review and negotiate commercial agreements;

• To maintain a UK ‘playbook’ to put in place standard requirements for commercial agreements;

• To develop a relationship with selected corporate and commercial counsel to streamline the review

process.

Qualifications

Professional qualifications: England & Wales qualified practising solicitor (or equivalent);

• Proven experience of working within an Underwriting, Broking or law firm environment;

• Experience of commercial and SME insurances across different lines of business;

• Experience of regulatory product governance requirements that relate to the set up of insurance products, and their policy wordings and other documentation;

• The ability to act professionally at all times with a total dedication to customer service and good

customer outcomes;

• The ability to work with minimum supervision;

• Excellent communication skills, both written and oral;

• The ability to be able to make constructive input to the product specification and design for both new

and existing business;

• Good administrative skills and time management; and

• Strong interpersonal and negotiation skills.

Commercial Agreements jobs

Senior Wordings Counsel