Head of Wordings

Search

A truly exciting and rare opportunity has become available at one of the world’s leading insurance companies which is seeking to create a new role to lead a Wordings department. The company operates internationally with offices in London and Bermuda and provides reinsurance, Lloyds main market and MGA services across various business lines.

The Head of Wordings will be responsible for the creation and development of a wordings team, which will be central to all insurance related activity. Working with the underwriters, claims, marketing, pricing, legal and compliance, it will have oversight for all new business and be a reviewer for all existing business. It will work closely with the underwriters in various client meetings and help decide and create commercial frameworks on business lines. It was also provide risk integrity to various agreements and on future written insurance contracts. Working across the entire group, it will take responsibility for all wordings matters across all subsidiary companies.

This role requires someone with the following experience:

• Either a qualified solicitor (UK) or ACII, CII qualified with insurance expertise
• Demonstrable Lloyd’s or insurance / re-insurance market experience
• Technical advisory experience to Underwriters on insurance and claims issues affecting wordings and the associated law, both from a regulatory and statutory position

This very unique role offers the role holder the opportunity to build and develop a department that will assist and support nearly all other departments from an operational and strategic position. You will need to develop relationships with many key stakeholders and develop new work flow processes in order to in-bed the department. Consequently your personality must be energetic and dynamic and you must have the ability to communicate, manage and work as part of a wider team.

In order to apply for this role, please contact James Franklin at Search who is exclusively retained.

Search is an equal opportunities recruiter and we welcome applications from all suitably skilled or qualified applicants, regardless of their race, sex, disability, religion/beliefs, sexual orientation or age.