Senior Wordings Drafter

City of London
£75000 - £90000 per annum
02 Mar 2021
01 Apr 2021
Lucy Parkin
Job Function
Contract Type

Senior Wordings Drafter

Our Client, a major name in Broking, is recruiting another talented Wordings expert.

While your experience can be gained at an Insurer, Reinsurer or Broker, you will be a confident expert in what you do.

Liaising extensively, you will produce quality documentation and above all utilise your knowledge and experience to the benefit of your clients.

As Wordings Drafter your main responsibilities will include:

  • Develop and produce bespoke treaty reinsurance contracts and endorsements covering a range of classes
  • Ensuring all contracts comply with the Contract Certainty Code of Practice and adhere, as far as possible, with the London Market Reform guidelines
  • Providing technical analysis of reinsurance contracts.
  • Suggesting improvements, coverage enhancements and compliance with internal procedures and external regulatory requirements
  • Resolution of contract-related queries from Clients, Underwriters and internal stakeholders.
  • Keeping up to date with the latest market developments and clauses and ensuring latest guidance is communicated to all relevant parties
  • Inform and educate others in contract construction and analysis

To be successful as a Wordings Drafter you will demonstrate:

  • Strong experience of drafting, negotiating and/or reviewing reinsurance contracts
  • In-depth knowledge of reinsurance contract construction, mechanics and clause language
  • Advanced MS Word skills
  • Excellent attention to detail
  • First class communication skills
  • Ability to discuss and explain contractual language to various audiences including broking teams and clients

What can our Client offer you?

You will be rewarded with a competitive salary and a comprehensive benefits package including;

a fantastic pension scheme, life insurance, medical insurance, eye care vouchers and flexible benefits including critical illness cover, dental cover, additional life assurance, childcare vouchers, retail vouchers and many other options and Corporate deals.

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