Contract / Wordings Specialist

Job Type

Permanent

Role Overview

The Contract Wordings Specialist will support the Casualty line of business by working closely with Casualty underwriters, claims colleagues, brokers and business partners to develop clear, commercially effective and technically robust contract wordings. This high impact role involves regular interaction across underwriting, claims, legal, compliance and external market stakeholders.

Responsibilities

• Partner with Casualty underwriters to provide practical guidance on coverage, contract certainty, wording development during the risk placement process and regulatory considerations across multi jurisdictional business, including US surplus lines and non admitted risks.
• Draft, review and negotiate contract wordings, endorsements and clauses for casualty risks, ensuring they are clear, commercially appropriate and aligned to underwriting intent.
• Support new and existing product development by advising on wording structure, coverage implications and legal risk management.
• Maintain and develop internal wordings resources, clause libraries, templates and repositories to promote consistency and efficiency across the Wordings team and the business areas it supports.
• Provide technical guidance notes, training and knowledge sharing for underwriters and other stakeholders on contractual matters and emerging casualty issues.
• Represent Hiscox in relevant Lloyd's and London Market forums, contributing to market level thinking on emerging risks, legal developments and wording solutions.
• Collaborate with colleagues across Hiscox, including Europe and the USA where relevant, to support an international book of business.

Qualifications

• Experience in the Lloyd's Market, gained in casualty, liability, cyber and financial lines on an open market or delegated authority basis.
• Strong contract drafting capability, excellent attention to detail and a sound understanding of insurance policy construction.
• Commercial understanding of insurance products and the value clear, well constructed wordings bring to customers, brokers and underwriters.
• Confidence to make decisions on coverage, explain the reasoning clearly and evaluate the materiality of technical points.
• Ability to lead and facilitate technical discussions with underwriters, claims colleagues, brokers and legal or compliance partners.
• Inquisitive, high performing individual with a solutions focused approach and the ability to work effectively both independently and as part of a team.
• Strong organisational skills, with the ability to manage competing priorities and support multiple live placement, product and governance matters.

Nice to Have

• A law degree, legal qualification or legal experience involving the review, drafting or negotiation of commercial contracts.
• Familiarity with Lloyd's, LMA or other London Market wording standards, model clauses and market guidance.
• General non marine insurance and reinsurance market background and knowledge of market issues.
• Diploma in Insurance, Chartered Insurance Institute (CII) qualification, or above.

Benefits

• Hybrid working model to balance structure, collaboration and flexibility.