Wordings Analyst

Overview

As Wordings Analyst you will help shape and govern our wordings strategy in the London market. You’ll support the Head of Wordings in drafting, reviewing and harmonising (re)insurance wordings and related documents to ensure clarity, legal enforceability and regulatory compliance. You work cross-functionally to manage risk, improve contract certainty and uphold our MATTER values. This role offers impact across underwriting, claims and external partnerships while staying current with Lloyd’s and market changes. You will drive continuous improvement in drafting standards and wordings governance.

Pay / Benefits

• base salary
• performance related discretionary bonus
• hybrid working
• 3 days in the office per week
• employee benefits

Responsibilities

• Develop and manage the wordings strategy with senior analysts
• Help implement the Wordings Control Framework and maintain a wordings repository
• Review prospective and approved opportunity documentation for compliance and commercial alignment
• Draft and review (re)insurance wordings, endorsements and policy packs including Key Facts and ICOB docs
• Provide technical input on complaints, coverage queries and disputes
• Provide training and technical support to personnel
• Liaise with brokers, reinsurers, MGAs and coverholders to optimise outcomes
• Maintain relationships with Claims and Underwriting teams and act as technical reference on wordings and coverage
• Monitor market, Lloyd’s, regulatory changes; update guidance materials and toolkits
• Ensure compliance with UK/international obligations and company Code of Conduct

Key requirements

• Experience in the London insurance/reinsurance market
• Experience drafting and reviewing complex wordings
• Ability to support and challenge Underwriting staff
• Strong technical knowledge of insurance wordings
• Understanding of Lloyd’s regulatory framework and subscription market
• Good written and spoken communication

• strong communicator
• self-starter
• effective time management
• Lloyd’s web tools (QA tool, Crystal, Wording Repository)
• Market Reform Contracts
• insurance policy legislation

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