Vacancy details




Job Profile



Lockton - Experienced Professional




Title



Wordings Technician - 12 month FTC




Description



Technical Wording Review & Drafting

• Conduct Second Pair of Eyes (SPOE) reviews of wordings drafted by junior Wordings Technicians.


• Review and validate Terrorism, Political Violence and Crisis Management / Active Assailant wordings.


• Assist with drafting renewal wordings, endorsements and amendments for International Property (Rest of World) and North American Property teams.


• Draft bespoke clauses and extensions on an as-needed basis to address client, broker or underwriter requirements.


• Review Property ROW and NAP wordings against drafted Market Reform Contracts (MRCs) to ensure the wording and MRC are fully aligned, including limits, sublimits, deductibles, conditions, exclusions, extensions and endorsements.

Coverage Analysis & Comparisons

• Conduct technical wording reviews for the UK Retail Team.


• Prepare wording comparisons where a client is considering moving from one market wording to another.


• Identify differences in coverage, definitions, exclusions, extensions, deductibles, sublimits and policy triggers.


• Provide clear, practical summaries of coverage enhancements, restrictions and points requiring broker or underwriter clarification.

Quality Assurance, Tracking & Reporting

• Maintain and update the manual wording tracker spreadsheet, including wordings drafted, issued, returned and outstanding.


• Produce weekly reports for Property ROW and NAP teams showing overdue wordings and documentation not yet returned to the Wordings Team.


• Escalate overdue or unresolved items where required to maintain workflow discipline and audit trail integrity.


• Support good file governance by ensuring wording activity and status updates are accurately recorded.

Market, Team & Technical Support

• Attend weekly NAP and Terrorism meetings.


• Report back to the relevant teams on wording issues, underwriter queries, new clauses, emerging market practice and significant Lloyd's / LMA clause developments.


• Assist with ad hoc wording reviews for new Property ROW and NAP accounts.


• Act as a technical wording resource to brokers and producers, providing concise and commercially practical feedback.

Candidate Profile

• Strong understanding of commercial property insurance, business interruption, Terrorism, Political Violence and Crisis Management / Active Assailant wordings; familiarity with London Market and Lloyd's structures; ability to interpret MRCs and policy documentation.


• Experience reviewing, drafting or amending policy wordings, endorsements, extensions, exclusions and manuscript clauses with a high level of accuracy.


• Ability to identify gaps, inconsistencies and ambiguity between wording, MRC and placement intent, and to propose practical solutions.


• Strong attention to detail and confidence conducting SPOE reviews of junior team members' work.

About The Position



We are seeking an experienced and detail-oriented Wordings Technician to provide maternity cover within the Wordings Team. The successful candidate will support the Property, Terrorism, Political Violence and Crisis Management business units by drafting, reviewing, validating and comparing insurance policy wordings, endorsements and clauses. The role requires strong technical understanding of commercial property insurance wordings, excellent analytical skills, and the ability to work closely with Brokers, Producers, Underwriters and internal stakeholders to ensure policy documentation is accurate, aligned to coverage intent and delivered within required timeframes.