An exciting opportunity for someone with strong Insurance Technical/ North American Binders experience and knowledge of the London Insurance market, US Surplus Lines/MGA market to join a well respected Lloyd's of London Insurance Broker based in the City of London. Offering an excellent salary of circa £56,000, this could be the perfect opportunity for you.
Purpose of the position:
As our new Wordings Specialist, you will deal with all aspects of quality control and checking of certificates, cover notes, slips, wordings, endorsements, files and accounting entries to ensure they match specifications.
Wordings Specialist responsibilities will include;
- Check renewal quotes and binders for accuracy ensuring that client and/ or underwriter requirements have been actioned
- Check through correspondence and file checking inspection reports to ensure accuracy in constructions, updates etc
- Make sure that the wordings and forms used reflect the coverages requested/ offered.
- Record contract certainty results along with the diarying of any subjectivities such as inspection reports, proposals, MVR's and the like.
- Check and sign certificates and certificate endorsements
- Review, update and draft Binder Programme templates and clauses for specific instances
- Assist in resolving queries from other departments
- Maintain up to date awareness of FCA rules and other relevant legislation/regulations.
Skills / Qualifications Desirable:
- Have sound experience and knowledge of the London Insurance market, US Surplus Lines/MGA market in respect of Delegated Binding Authorities.
- London forms for US Business
ISO US Forms
- Wording experience/background
- Commercial Property and Transport US
- Have a thorough knowledge of the FCA requirements for the insurance industry
- Be numerate, articulate, and analytical
- Have strong attention to detail and be highly organised
- Have ability to be able to work to deadlines
- Have excellent verbal and written communication skills
Apply now to become our new Wordings Specialist.
Keywords: Wordings, North American Binders, Insurance, Lloyds