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Wordings Specialist (Insurance)

🏢 WTW 📍 London, England 🕒 2 days ago
Salary Range
£35,316 - £67,760
£2,943 - £5,647 / mo
Verified Corporate Employer (UK Employment Corridor)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
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Position Overview & Specifications

Wordings Specialist (Insurance)

London, GB

June 23, 2023

The Role

  • Draft, analyse and review Policy Wordings and contracts and suggest improvements, clarifications and enhancements to the Account Manager/ Account Executive/ Client as required
  • Ensure that the coverage being sought from Underwriters clearly and unambiguously meets the clients demands and needs
  • Develop and maintain a suite and library of WTW Aerospace wordings, clauses and accompanying slip templates to promote best practise
  • Provide support and training to Account Managers and Brokers to enhance the technical capabilities of the department and to develop, implement and maintain a training plan to ensure the level of technical competency in the BU is at the required level and that new associates receive the necessary support in their development
  • Design and implement technology-led initiatives to streamline the placement process with regards to the issuance of timely and accurate contractual documentation to clients
  • Assist in the design and development of new WTW Aerospace products
  • Assist in the technical analysis of existing coverage during RFPs

The Requirements

  • Degree level qualification
  • Technical knowledge of coverages, clauses and wordings is preferable but not essential
  • Strong eye for detail
  • Problem solving
  • Ability to work under pressure and to tight deadlines
  • Strong analytical skills
  • Strong communication and negotiation skills, both oral and written
  • Ability to work as part of a team
  • Skilled at building effective relationships, at all levels
  • Ability to recognise and implement operational improvement processes
  • Able to assist in designing and developing contemporary educational solutions

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
WTW

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Location: London, England
Eligibility: UK Work Eligibility
Schedule: Company - Public
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