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⚡ Source: ReedRef: 56868278

Senior Wordings Specialist

Insight Recruitment Solutions Limited·London·Posted 3 weeks ago
💰 £71-95k/year⭐ Senior
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Job description

Original text imported from Reed

Our client is a leading insurer in the London market and in this role you will play a pivotal role in shaping the quality and integrity of policy documentation across their Lloyd's platform. You will be the expert voice on insurance contracts - drafting, reviewing, negotiating and defending wordings to the highest standard.

Key responsibilities:

  • Draft, review and negotiate policy wordings, clauses and summaries of cover
  • Act as specialist referral point and coach for underwriting teams on wording matters
  • Own wording negotiations from inception through to final agreement with brokers
  • Liaise with underwriters and claims teams to support sound coverage decisions
  • Ensure compliance with Lloyd's requirements, regulatory standards and internal governance
  • Represent the team at market committees and industry working groups

Experience and skills required:

  • In-depth knowledge of insurance contracts and London Market wordings practice
  • Strong grasp of multi-jurisdictional regulatory requirements, including US surplus lines
  • Experience engaging with Lloyd's and/or regulators
  • Excellent drafting skills and meticulous attention to detail
  • Confident communicator able to influence and build consensus at all levels
  • Commercial mindset - able to balance legal requirements with business objectives


*Our client is committed to diversity in all of its forms and operates an inclusive recruitment process*

SpeedCV AI

Key skills

AI-extracted from the job advert

Must-have skills
Lloyd's platform knowledgeInsurance contract expertiseLondon Market wordings practiceMulti-jurisdictional regulatory requirementsUS surplus lines experiencePolicy wording draftingRegulatory complianceContract negotiation
Nice-to-have
Market committee experienceIndustry working group participationClaims team liaisonBroker relationship managementUnderwriting support
Soft skills
Attention to detailCommunicationInfluenceCommercial mindsetConsensus buildingCoachingLeadershipNegotiation
SpeedCV AI

Application advice

5 AI-generated recommendations to maximise your chances.

1

⭐ Highlight your Lloyd's platform experience prominently as this is central to the role and mentioned multiple times

2

📊 Quantify your wording negotiations: "Negotiated 45+ policy wordings, achieving 92% first-time approval rate"

3

🌐 Emphasise multi-jurisdictional regulatory knowledge, particularly US surplus lines expertise which is specifically mentioned

4

🎯 Showcase your coaching abilities as you'll be the specialist referral point for underwriting teams

5

🤝 Demonstrate your market committee and industry working group participation to show sector engagement

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AI SpeedCV

Suggested CV bullets

3 bullets our AI drafted for this specific advert, mirroring its ATS keywords.

How to tailor your CV

Add these 3 bullets under your most recent experience:

  • Negotiated 38 complex policy wordings across Lloyd's platform, achieving 94% first-time regulatory approval rate whilst maintaining commercial viability
  • Coached 12 underwriters on London Market wordings practice, reducing specialist referral queries by 35% through structured training programmes
  • Represented firm at 6 industry working groups, influencing regulatory standards development and securing favourable outcomes for 15+ policy amendments

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Letter preview — tailored to Insight Recruitment Solutions Limited

Dear Hiring Manager,

Your Senior Wordings Specialist role represents exactly the Lloyd's platform expertise and regulatory complexity I want to tackle next. My background in insurance contract drafting and multi-jurisdictional compliance, particularly with US surplus lines, aligns perfectly with your requirements for someone who can own wording negotiations from inception to final agreement.

My background in London Market wordings practice has equipped me with the specialist knowledge to coach underwriting teams whilst maintaining the commercial mindset needed to balance legal requirements with business objectives. I have successfully represented firms at market committees and built consensus among diverse stakeholders during complex negotiations.

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SpeedCV AI

Interview questions

10 questions generated from this advert.

Technical

  • How would you approach negotiating a complex policy wording with multiple stakeholders?
  • What are the key regulatory differences between Lloyd's requirements and US surplus lines?
  • How do you ensure compliance across multiple jurisdictions when drafting policy wordings?
  • Describe your experience with London Market wordings practice and industry standards
  • How would you handle a situation where legal requirements conflict with business objectives?

Behavioural

  • Tell me about a time when you had to influence senior stakeholders to accept your wording recommendations
  • Describe a situation where you coached junior team members on complex wording matters
  • Give an example of when you had to build consensus among conflicting parties during negotiations
  • Tell me about a challenging wording negotiation and how you achieved a successful outcome
  • Describe a time when your attention to detail prevented a significant issue with policy documentation
SpeedCV AINEW

STAR answer examples

Model answers using the Situation-Task-Action-Result framework. Adapt to your own experience.

1Question

Tell me about a time when you had to influence senior stakeholders to accept your wording recommendations

During a major product launch, senior management wanted simplified policy language that I identified would create coverage gaps worth £2.4 million in potential claims exposure. I prepared a detailed risk analysis showing three specific scenarios where the proposed wording would fail, then presented alternative language that maintained clarity whilst preserving coverage integrity. I scheduled individual meetings with each stakeholder to address their concerns, demonstrating how the revised wording actually enhanced customer understanding through structured examples. The result was unanimous approval for my recommendations, and the product launched without coverage issues, generating £18 million in premium income over 18 months.
2Question

Describe a situation where you coached junior team members on complex wording matters

When our team expanded by four junior underwriters, I noticed they were struggling with Lloyd's specific wording requirements, leading to 67% of their submissions requiring revision. I developed a structured coaching programme covering the top 12 wording pitfalls, using real case studies from our portfolio. I held weekly one-hour sessions for 8 weeks, pairing each junior with experienced team members for practical exercises. I also created quick-reference guides for the most common regulatory requirements. Within 3 months, their revision rate dropped to 23%, and two of the juniors successfully handled their first complex multi-jurisdictional policies independently, saving the team 15 hours per week in review time.

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