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Wordings Assistant

Employer
Harrison Holgate
Location
Central London, UK
Salary
Competitive
Closing date
Sep 24, 2019

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Job Role
Accounts Assistant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
A leading personal and commercial insurer is currently recruiting for a Wordings Assistant to join their London team. The main purpose of this role is to assist and support the Wordings team in all aspects of the Wordings function.

Responsibilities:
- To provide support to the Wordings team in the drafting and/or reviewing of Policy Wordings, ensuring each expresses the coverage granted / agreed to. - Ensuring Policy forms and clauses comply with legal and Regulatory requirements. - Ensuring Policy forms and clauses comply with internal requirements and guidelines. - Keeping abreast of market issues and developments in order to support the business units. - To assist in the delivery of advice and guidance to Brokers / Clients / Colleagues with regard Policy Wordings. - Assist in the development, management and maintaining of the Wordings and Clause library. - Participate in post-placement reviews as required by the Wording Specialist or the Wording Manager - Conduct regular Contract Certainty checks across all classes to ensure compliance with market standards. - Complete PBQA checks across all classes. Role requirements: - An understanding of the workings of policy wordings - Capacity to learn the drafting of policy wordings/clauses etc. - Knowledge of the Lloyd's Market - Good analytical/interpretive skills

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