Senior Wordings And Contracts Specialist – Portfolio Solutions And Structured Solutions
Мэтч & Сопровод
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Описание вакансии
TL;DR
Senior Wordings And Contracts Specialist – Portfolio Solutions And Structured Solutions: Drafting, reviewing, and negotiating structured (re)insurance policy documentation and related legal/ancillary agreements with an accent on Lloyd’s requirements, multi-jurisdictional regulatory and contractual considerations, and accurate capture of agreed commercial terms. Focus on partnering with underwriters, proactively resolving wording/contractual challenges, and maintaining internal wordings resources while representing at market level for emerging risks.
Location: London (hybrid)
Company
is an international (re)insurance group focused on complex and unusual risks.
What you will do
- Draft, review, and negotiate structured (re)insurance policy documentation to ensure clarity, accuracy, and alignment with commercial intent.
- Draft, review, and negotiate ancillary documents such as NDAs, parental guarantees, and letters of credit.
- Ensure documentation meets Lloyd’s requirements and aligns with best practice across the market, working closely with other lines of business.
- Partner with underwriters to ensure (re)insurance contracts accurately reflect agreed commercial terms and provide guidance on regulatory, compliance, and contractual considerations.
- Identify potential wording or contractual challenges early and implement workable solutions; develop template wordings tailored to structured (re)insurance solutions.
- Support underwriting teams through training and knowledge-sharing; maintain and develop internal wordings resources and represent at market level.
Requirements
- Knowledge and experience of (re)insurance contracts or structured (re)insurance contracts, ideally gained in-house within a (re)insurance company or broking environment.
- Strong understanding of regulatory and contractual considerations in multi-jurisdictional insurance transactions, including deep knowledge of US surplus lines and non-admitted business.
- Commercial mindset to blend legal and regulatory requirements into business scenarios.
- Excellent written and verbal communication skills to explain technical points clearly to underwriters, brokers, and clients.
- Ability to recognize when specialist input is required and engage external counsel effectively.
- Minimum of five years’ wordings, underwriting support, or technical underwriting experience in the Lloyd’s Market (reinsurance, ILS, or structured (re)insurance/Alternative Risk Transfer).
Nice to have
- Law degree or legal experience involving reviewing and preparing legal contracts.
- Admitted as a Solicitor or Barrister in England and Wales; familiarity with New York law.
- Relevant degree or insurance qualifications.
Culture & Benefits
- Hybrid working model introduced to support work-life balance, with the team setting the model.
- Inclusive culture focused on diversity and creating a healthy, flexible working environment.
- Opportunity to work in a challenging, collaborative setting with room to think creatively and challenge convention.
- International book of business with close collaboration across Europe and the USA.
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