Wordings Attorney & Team Leader

Posted 24 April 2023
Salary 145000
LocationFarmington
Job type Permanent
DisciplineCyber Security
Reference61985
Contact NameHoda Hilal
Remote working Remote

Job description

Key Responsibilities
  • Primary focus is on drafting policy wordings and endorsements to support business/underwriting objectives of Healthcare underwriting team.  
  • Assist the healthcare underwriting team in addressing coverage issues raised in the underwriting and negotiation process to assist in successful closing of business opportunities.  
  • Assist the focus groups in achieving sales and service goals by providing high quality and timely response to queries raised.  
  • Providing support on underwriting, product development, and coverage issues.  
  • If qualified, review confidentiality agreements and warranty statements as needed for US/UK/ RoW Speciality  Risks Underwriters in order to engage in the underwriting process.  
  • Assist Specialty  Risks underwriters in addressing bespoke coverage requests; requires interaction with Brokers, Insureds, other key external stakeholders ( i.e. insured counsel).  
  • Support the trading team to facilitate an organized knowledge management and sharing process.  
  • Where applicable, participation in US Product Development and Product Delivery process which includes: product development, drafting, addressing questions and objections from state departments of insurance when necessary for US platform products.  
  • Where applicable, work on admitted filings and supporting the filing process for wordings and endorsements.  
  • Coordinate projects and work collaboratively with other key stakeholders internally, including but not limited to Compliance, Claims, Conduct Risk, UW Controls and Operations, Specialty  Risks , Marketing and IT .  
  • Monitor competitive landscapes for the continuous improvement or wordings and underwriting controls.  
  • Participate in Team/Focus Group Business Planning, Away Days, Broker/Client meetings and other Marketing events, as required and appropriate .  
  • Monitor claims developments and impact of wording on claims  
 
Leadership Responsibilities:
 
  • Ensure that own staff have terms of reference setting out their responsibilities and reporting lines.  
  • Ensure that people are recruited, deployed and developed to anticipate and meet current and future needs.  
  • Encourage, motivate and manage direct reports.  
  • Ensure that all employees have the knowledge and the skills necessary to perform effectively in their given roles and responsibilities.  
  • Review employees’ performance and conduct biannual performance appraisals.