DA Wordings Technician

Rokstone Group; London; Hybrid; GBP 35,000 - 65,000; Full time

Job summary

An established international underwriting firm is seeking a DA Wordings Technician to ensure high-quality management of delegated authority contracts. This role is pivotal in drafting and reviewing documentation, ensuring compliance with industry regulations, and collaborating closely with various teams and external partners. The ideal candidate will possess strong analytical and drafting skills, with a proactive approach to problem-solving. Join a dynamic and innovative environment that values collaboration and continuous improvement, where your contributions will help redefine industry standards and support the company's commitment to excellence.

Benefits

Flexible Benefits Platform

Career Development Opportunities

Collaborative Work Environment

Qualifications

• 3+ years of experience with delegated authority contracts and insurance wordings.
• Strong understanding of binders and regulatory requirements.

Responsibilities

• Draft, review, and amend binder wordings for delegated authority agreements.
• Ensure compliance with Lloyd’s and FCA requirements.

Skills

Attention to Detail

Analytical Skills

Drafting Skills

Communication Skills

Problem-Solving Skills

Organizational Skills

Collaboration

Education

CII or ACII Qualification

Tools

Contract Management Systems

Job description

Rokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box. With innovation at our core, we go beyond the ordinary to offer brokers specialised (re)insurance solutions. Within Rokstone, we house specialist MGAs such as Novus, iSure and iFarm, each contributing to our commitment to redefining industry standards.

At the heart of Aventum are our people. Working together in dynamic, service-focused teams, we prioritise our customers in everything we do. Collaboration fuels our success, courage drives our innovation and continuous improvement keeps us ahead in a rapidly evolving industry. Our shared commitment is to revolutionise insurance for the better, one day at a time.

We also believe that investing in our people is investing in our future. By empowering people across the Group to develop their careers, advance within the Group, and embrace new challenges, we build an environment where growth and learning never stop.

Our competitive benefits package, offered via a flexible benefits platform, reflects this. Beyond core benefits, employees have the freedom to tailor their benefits to meet their individual needs, supporting their unique goals and ambitions.

Role Summary

The DA Wordings Technician will play a key role in ensuring that all delegated authority (DA) contracts, including binders and sub-delegated agreements, are drafted, reviewed, and maintained to a high standard. This role requires a strong understanding of delegated authority frameworks, insurance wordings, and regulatory requirements to ensure clarity, compliance, and operational efficiency.
The position involves working closely with underwriting, compliance, legal, and operational teams, as well as external partners (brokers, carriers, coverholders) to produce robust and accurate contractual documentation.

Role Accountabilities

1. Delegated Authority (DA) Documentation Management
   Draft, review, and amend binder wordings for delegated authority agreements.
   Prepare and oversee Binding Authority Agreements (BAA) and Endorsements in line with company processes and regulatory standards to include experience in drafting LMA3113, LMA3113A and LMA3114 BAAs.
   Ensure all contracts clearly define scope, underwriting parameters, compliance obligations, reporting requirements, and performance expectations.
   Produce support documentation/summary templates from binder contract wordings.
2. Compliance and Regulatory Oversight
   Ensure all wordings and agreements adhere to Lloyd’s, FCA, and company-specific requirements.
   Work alongside compliance teams to support audits, contract reviews, and timely resolution of queries or findings.
   Maintain awareness of changing regulatory requirements, particularly around delegated underwriting.
3. Operational Support
   Assist underwriting, delegated authority and operations teams by ensuring accurate and timely issuance of contractual documentation.
   Support the management of contract endorsements and amendments throughout the binder lifecycle.
   Maintain an up-to-date wordings library for delegated authority contracts, endorsements, and related templates.
4. Technical and Strategic Input
   Provide technical expertise on wordings and clauses for new and existing DA agreements, ensuring consistency across business lines.
   Collaborate with underwriters and carriers to ensure clear articulation of risk appetite, scope, and reporting expectations within agreements.
   Assist in identifying areas of contractual risk or ambiguity and suggest practical solutions.
5. Stakeholder Management
   Act as a key point of contact for wordings-related queries from internal teams, brokers, and capacity providers.
   Support external audits and due diligence exercises by providing clear, accurate, and well-documented wordings support.
6. Process Improvement
   Continuously review processes related to DA and sub-delegated binders to identify opportunities for efficiency and quality improvement.
   Develop and implement best practices for binder wording management.

Role Requirements

1. Strong experience (3+ years) working with delegated authority contracts and insurance wordings, ideally within an MGA, Lloyd’s syndicate, or insurer.
2. In-depth understanding of binders, sub-delegated agreements, and related insurance wordings.
3. Familiarity with Lloyd’s Delegated Authority rules and FCA requirements.
4. CII or ACII qualification (or working towards) – not essential but desirable.
5. Exposure to international business, including knowledge of global delegated authority frameworks – not essential but desirable.
6. Experience with contract management systems or wordings libraries – not essential but desirable.

Skills and Abilities

1. Excellent attention to detail with strong analytical and drafting skills.
2. Ability to manage multiple tasks effectively in a fast-paced environment.
3. Strong communication skills, both written and verbal, for internal and external stakeholder management.
4. Proactive, organised, and methodical approach to work.
5. Collaborative mindset with the ability to work effectively with cross-functional teams.
6. Solutions-oriented with strong problem-solving skills.
7. Committed to maintaining high-quality standards and regulatory compliance.

Management Duties

No

We are an equal-opportunity employer, and we are proud to share that 93% of our employees say they can be themselves at work. We aim to hire our industry's finest people because the best people drive the best outcomes. And we forever challenge the status quo because we know there are always ways to improve things. Because together, we're limitless.

We value applicants from all backgrounds and foster a culture of inclusivity. We understand the need for flexibility, so work in a hybrid model. Please let us know if you require any reasonable adjustments during the recruitment process.

Apply now