Contract Wordings Technician

Markel Corporation; Leeds; On-site; GBP 40,000 - 55,000; Full time

Benefits offered by this job

25 days paid holiday plus Bank Holidays

Company pension scheme

Private medical and dental cover

Life assurance

Income protection

Job summary

Markel Corporation is seeking a Contract Wordings Technician in Leeds to provide technical assistance to underwriters. The ideal candidate will have knowledge of retail and direct customer open market insurance, experience with FCA requirements, and strong project management abilities. Responsibilities include advising on wording issues, maintaining compliance, and collaborating with senior management. The role offers a great salary, annual bonus, and benefits including a company pension, private medical cover, and generous paid holiday.

Qualifications

• Experience in collaborating with senior management and stakeholders.
• Strong organizational skills are necessary.
• Experience of legal contract or insurance policy drafting.

Responsibilities

• Provide reviews and advice on various retail open market wordings.
• Maintain accurate central wording repository.
• Ensure compliance with legal and regulatory requirements.

Skills

Knowledge of retail and direct to customer open market insurance business

Experience with FCA requirements around policy wordings

Strong interpersonal and people management skills

Project management capability

Ability to explain complex topics

Tools

Acturis

Websure

Job description

Contract Wordings Technician page is loaded## Contract Wordings Technicianlocations: Leeds - UKtime type: Full timeposted on: Posted Todayjob requisition id: R0022848We are looking for an individual to work closely with our Underwriters and support functions to provide technical assistance to underwriters in the delivery of their business plans. Join us and play your part in something special!**The opportunity:**We have an excellent opportunity within our Wordings Team for a Contract Wordings Technician specifically supporting the Markel UK division. The role will report into our Head of Technical Wordings and will work closely with a team of experienced policy wording drafters supporting insurance products across the distribution channels of open market, direct to customer and delegated authority.This is a UK retail insurance focused role and sits within a wider wordings team that handles wordings across all of Markel International, including our London Market, APAC, European, and Canadian operations. The role will have a dotted line into the UK Director of Underwriting and will be expected to work with Markel UK’s underwriters and leadership, drawing on the wider International Technical Wordings Team, to deliver wordings support, including on cross divisional projects.The Technical Wordings Team reports into the Chief Underwriting Officer as part of the Underwriting Strategy and Performance department. This department sits within Markel International’s Corporate Management team, with responsibility for the Performance, Risk, Technical Underwriting, Oversight, Governance, Customer Outcomes and Reinsurance Placement for all underwriting divisions that are part of Markel International.The purpose and mission are to enable profitable underwriting through portfolio optimisation and fostering strategic partnerships internationally, while establishing clear frameworks that deliver insights, support underwriting decisions and seeing opportunities.**What you’ll be doing:*** Providing reviews and advice on various retail open market wordings and products including Markel UK products, Binding Authorities, Cover-holder and broker wordings.* Work with other team members to provide visibility of workloads and the timely delivery of service to underwriters on wording matters.* Developing and delivering advice to underwriters on wording related issues and including emerging market, regulatory or legal trends that impact product wording where required.* To ensure the central wording repository is accurately maintained and keep records and reports relating to wording matters.* Ensure wordings are follows applicable legal and regulatory requirements.* Ability to explain sophisticated and technical topics in an approachable and accessible way for both internal and external stakeholders.* Post bind thematic reviews of product lines.**Our must-haves:*** Knowledge of retail and direct to customer open market insurance business, markets and general insurance related terminology.* Experience and deep knowledge of FCA requirements around policy wordings, FOS outcomes, customer insurance documentation, IPIDs, Consumer Duty, and conduct risk.* Experience of collaborating with senior management, senior stakeholders and boards/ committees.* Strong interpersonal and people management skills, ability to drive consensus and negotiations.* Project management capability.* Team orientation – it is important that the person works within the team to ensure high standards of product delivery and collaboration.* Strong organisational skills.* Experience of legal contract or insurance policy drafting.* Knowledge and experience with Acturis and/or Websure are assets but not integral.**Who we are:**Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.**We’re all about people | We win together | We strive for better** **| We enjoy the everyday | We think further*** A great starting salary plus annual bonus & strong benefits package...* 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave* Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer* There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!Choose **‘Apply Now’** to fill out our short application, so that we can find out more about you.Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [e-mail] or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.#LI-DJ1**#LI-Hybrid #PlayYourPartUK**