Wordings & Contracts Analyst

AXA Group; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance provider in Greater London seeks a Wordings Analyst to support underwriters across various product lines. You will be responsible for creating and refining insurance products, interpreting clauses, and ensuring contractual compliance. Ideal candidates will have a keen interest in drafting, an understanding of insurance law, and excellent analytical and interpersonal skills. The teamwork-driven environment encourages your professional development and innovative contributions.

Benefits

Flexible Working Arrangements

Enhanced family-friendly leave benefits

Diversity and Inclusion programs

Competitive compensation

Sustainability initiatives

Qualifications

• Enthusiasm for wordings and technical facility in drafting.
• Ability to interpret and analyze insurance clauses.
• Willingness to present wording solutions.
• Understanding of insurance and legal needs.
• Capable of managing workload independently.
• Analytical and critical thinking skills.
• Excellent interpersonal skills.

Responsibilities

• Collaborate with the Global Wordings team and legal functions.
• Create and innovate insurance products.
• Share best practices and provide technical advice.
• Support underwriters in reviewing wordings and clauses.
• Ensure contractual clarity in governance principles.
• Engage externally in wording discussions and negotiations.
• Embrace new contract analytics tools.

Skills

Technical drafting skills

Analytical skills

Interpersonal skills

Written English proficiency

Understanding of insurance law

Education

ACII qualification

Legal qualification

Tools

Contract analytics technology

Job description

The wordings team servicing UK & Lloyds seeks a Wordings Analyst to join us. You will be an integral part of the team, part of a wider Global Wordings function within Global Litigation, supporting underwriters across all product lines covering a wide range of complex risks. You will have the opportunity to grow your wordings skillset and set AXA XL apart by demonstrating your technical drafting skills and advisory services to underwriters, their clients and brokers.

What you'll be doing

Your essential responsibilities will include:

• Teamwork & Collaboration: Work closely with colleagues across the Global Wordings team, the wider Legal function, Claims, Compliance, and Conduct Risk to meet team goals, service standards, and internal projects. Maintain clear communication with underwriting teams to understand their needs. Contribute towards our safe and inclusive value-based culture with a sense of team spirit and purpose.
• Create & Innovate: Collaborate with stakeholders to create and refine insurance products, leading innovation for AXA XL. Translate underwriting intent into cover with limited supervision.
• Training & Development: Share best practices across the business, support presentations to underwriting teams, and provide technical wording advice pre- and post-bind. Supported by the wider wordings team, proactively identify gaps and grow your wordings skillset.
• Analysis & Review: Support underwriters and fellow wordings personnel in the review of wordings and clauses of every type, explaining to underwriters and other stakeholders their implications and wording risk. Support the timely delivery of commercial outcomes for the issues presented.
• Governance & Contract Certainty: Ensure contractual clarity and adherence to governance principles when reviewing and advising on contractual terms in line with Underwriting, Legal, Risk, Compliance, and regulatory standards.
• External Engagement: Support AXA XL representation in wording discussions and negotiations with brokers and clients, ensuring technical and commercial elements are aligned.
• Technology & Innovation: Embrace new contract analytics tools and manage contract management systems, seeking opportunities for process improvement.
• Leadership & Mentoring: Demonstrate role‑model behaviours and support continuous improvement initiatives. Plan and self‑manage your workload, adhering to deadlines and competing priorities.

You will report to the Wordings Manager for UK & Lloyds.

What you'll bring

What we’re looking for:

• An enthusiasm for wordings, an affinity with written English and evidence of the technical facility to draft insurance contract language, coupled with a foundational understanding of insurance law concepts. Applications from candidates with a legal, underwriting or claims background are welcome.
• The ability to interpret and analyse insurance clauses and requests, creating with limited support clear, robust wording solutions from existing material, always with our customers in mind.
• The willingness to present and discuss with support wording solutions face‑to‑face and in writing with underwriters, brokers, and peers.
• An understanding of insurance, legal, and compliance needs across different classes, and an awareness of standard clauses and market practices.
• Capable of planning and managing workload independently under pressure, meeting deadlines and juggling priorities.
• Analytical and critical thinking skills, with a grasp of how insurance products are constructed and operate in the real world.
• Excellent interpersonal skills to interrogate coverage concepts and explore abstract policy ideas.
• Desirable: ACII qualification, legal qualification, and experience with contract analytics technology.

What we offer

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family‑friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever‑changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023‑26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems – the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far‑reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal‑led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.

Who we are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid‑sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data‑driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com