Job Description - Wordings Manager (12001155D20241108)
Job Number:
12001155D20241108 Wordings Manager London, UK Our Global Wordings Services team has an exciting opportunity to join them as a Wordings Manager. You will be an integral part of the team supporting the underwriting business across all product lines covering a wide variety of complex risks. You will have the opportunity to demonstrate your technical drafting skills and advisory services to the underwriters, their clients and brokers in order to provide a service differentiator for AXA XL. This role requires a high standard of strategic leadership, technical, collaborative skills, and a willingness to seek continual process improvement opportunities. Essential Responsibilities
Teamwork:
Collaborating with colleagues across the Wordings team, the wider Legal Department and beyond in order to deliver on team objectives and service delivery requirements. Cultivating a safe and inclusive value-based culture based on robust leadership and high performance whilst fostering team spirit and a sense of purpose. Governance and Contracts Certainty:
Ensuring contract certainty and adherence to governance principles in reviewing, managing, and advising on contractual terms in accordance with underwriting, legal, risk, compliance and regulatory standards and requirements. Leadership:
Responsible for coaching, developing and motivating direct reports and junior members of the team. Responsibilities include recruitment and selection; staff appraisals; workforce planning; providing feedback and training opportunities; proactively addressing staff grievances and performance issues. Analysing:
Reviewing existing products, new products and those of competitors, including analysis and explanation of individual clauses right through to entire product wordings, always with a focus on delivering a commercial solution to any issues raised. Collaboration:
Working closely with key stakeholders to build new insurance products from scratch and/or refine or expand existing products. Delivering a fast, efficient, and high-quality service to our internal underwriting partners prioritizing their and the policyholders’ needs at all times. Technology:
Embracing new technologies, being proficient in using, managing, and seeking out improvement opportunities for contract management systems and tools. Training and Development:
Developing team colleagues and sharing best practice solutions across the wider business. Oversight:
Managing wordings instructions from various lines of business, ensuring that caseloads are appropriately managed within the team and high levels of quality, consistency and service are maintained. Project Management:
Managing team-specific projects and assisting with company-wide projects. Identifying trends and systemic issues arising from the team’s wording reviews. Analytical Skills:
Possessing analytical and critical thinking skills, technical proficiency in underwriting and claims functions, and robust interpersonal skills. Required Skills and Abilities
An ability to think creatively and provide underwriters, brokers, and clients with practical wordings solutions. An ability to interrogate and explore complex and abstract concepts relevant to policy coverage. An ability to communicate ideas simply, both in writing and face to face. A comprehensive understanding of insurance law concepts. First class drafting skills in English. An understanding of how insurance products are constructed and perform in the real world. A logical and methodical approach. Desirable Experience
Leading projects and taking responsibility for colleague performance and development. Specialty lines products, high product risk business and delegated authority business. The use of contract analytics technology tools and proficiency in MS applications (Excel and PowerPoint). You will report to the Head of Global Wordings. About AXA XL
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. We combine 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. 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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work. Location
London, UK Job Field
Legal, Compliance & Risk Schedule
Full-time Job Type
Standard AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.
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12001155D20241108 Wordings Manager London, UK Our Global Wordings Services team has an exciting opportunity to join them as a Wordings Manager. You will be an integral part of the team supporting the underwriting business across all product lines covering a wide variety of complex risks. You will have the opportunity to demonstrate your technical drafting skills and advisory services to the underwriters, their clients and brokers in order to provide a service differentiator for AXA XL. This role requires a high standard of strategic leadership, technical, collaborative skills, and a willingness to seek continual process improvement opportunities. Essential Responsibilities
Teamwork:
Collaborating with colleagues across the Wordings team, the wider Legal Department and beyond in order to deliver on team objectives and service delivery requirements. Cultivating a safe and inclusive value-based culture based on robust leadership and high performance whilst fostering team spirit and a sense of purpose. Governance and Contracts Certainty:
Ensuring contract certainty and adherence to governance principles in reviewing, managing, and advising on contractual terms in accordance with underwriting, legal, risk, compliance and regulatory standards and requirements. Leadership:
Responsible for coaching, developing and motivating direct reports and junior members of the team. Responsibilities include recruitment and selection; staff appraisals; workforce planning; providing feedback and training opportunities; proactively addressing staff grievances and performance issues. Analysing:
Reviewing existing products, new products and those of competitors, including analysis and explanation of individual clauses right through to entire product wordings, always with a focus on delivering a commercial solution to any issues raised. Collaboration:
Working closely with key stakeholders to build new insurance products from scratch and/or refine or expand existing products. Delivering a fast, efficient, and high-quality service to our internal underwriting partners prioritizing their and the policyholders’ needs at all times. Technology:
Embracing new technologies, being proficient in using, managing, and seeking out improvement opportunities for contract management systems and tools. Training and Development:
Developing team colleagues and sharing best practice solutions across the wider business. Oversight:
Managing wordings instructions from various lines of business, ensuring that caseloads are appropriately managed within the team and high levels of quality, consistency and service are maintained. Project Management:
Managing team-specific projects and assisting with company-wide projects. Identifying trends and systemic issues arising from the team’s wording reviews. Analytical Skills:
Possessing analytical and critical thinking skills, technical proficiency in underwriting and claims functions, and robust interpersonal skills. Required Skills and Abilities
An ability to think creatively and provide underwriters, brokers, and clients with practical wordings solutions. An ability to interrogate and explore complex and abstract concepts relevant to policy coverage. An ability to communicate ideas simply, both in writing and face to face. A comprehensive understanding of insurance law concepts. First class drafting skills in English. An understanding of how insurance products are constructed and perform in the real world. A logical and methodical approach. Desirable Experience
Leading projects and taking responsibility for colleague performance and development. Specialty lines products, high product risk business and delegated authority business. The use of contract analytics technology tools and proficiency in MS applications (Excel and PowerPoint). You will report to the Head of Global Wordings. About AXA XL
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. We combine 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. 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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work. Location
London, UK Job Field
Legal, Compliance & Risk Schedule
Full-time Job Type
Standard AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.
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