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    Disability Claims Specialist - London, United Kingdom - Hiscox

    Hiscox
    Hiscox London, United Kingdom

    Found in: Jooble UK O C2 - 5 days ago

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    Description
    Apply locations UK, London time type Full time posted on Posted 2 Days Ago job requisition id R

    Job Type:
    Permanent Build a brilliant future with Hiscox

    Hiscox is a diversified international insurance group.

    As part of the group, Hiscox London Market predominantly insures unusual and larger global risks and companies with complicated insurance needs, working within four divisions:


    • Casualty (directors & officers' liability, general liability, cyber risks)
    • Marine Energy and Speciality (marine hull and cargo, marine & energy liability, renewables and upstream O&G)
    • Property (commercial/household, major property, flood)
    • Crisis Management (terrorism, political violence, K&R) It is a time of change within the London insurance market and the role of the wordings specialist has to evolve to meet the new challenges being presented. The Contract Wordings team has a crucial role to play in support of the future plans of Hiscox, from new product development to customer service.
    The Team currently consists of three experienced insurance contract specialists, led by a Head of Wordings.

    Together they handle contract related work for the various lines of business underwritten by Hiscox London Market across both insurance and facultative reinsurance.

    With a senior member of the Team due to leave at the end of January 2024, we are looking to recruit someone who has either (1) proven experience as a wordings specialist, and is recognised as such within the wider London and Insurance Market or (2) fantastic potential, high academic ability and a drive to gain experience in wordings.

    They will have the responsibility and will be expected to help us maintain an excellent service to the underwriters within Hiscox and to evolve the wording specialist role so that it remains a relevant and integral part of the Company's future structure.

    The candidate will require a "commercial" mind as they will not only be expected to advise on key coverage and wording matters, but also provide their opinion and make decisions on coverage issues.

    Whilst it is ultimately the underwriters decision on writing the risk, this candidate will be expected to contribute significantly on coverage specific decisions.

    Drafting new products in the plain English style used by Hiscox ensuring that the underwriting intention is clear.

    Extensive liaison with underwriters on a day to day basis to provide guidance on coverage issues and assistance with risk management.

    Providing technical training for underwriters and other wordings specialists within Hiscox.
    a "commercial" view of a products and their value to the client;
    proven contract drafting experience with an ability to create products from new;
    A minimum of five years' wordings related experience gained in an insurance, reinsurance or law firm. Excellent contract drafting skills, including sound knowledge of English grammar and sentence construction.

    Nice to have - Law degree or legal experience which involves an element of reviewing and preparing legal contracts.


    • Diversity and Hybrid working

    We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success.

    We have also learned over the past few years that working life doesn't always have to be in the office, and we have introduced hybrid working to encourage a healthy work life balance.

    This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.

    LI-Hybrid

    If you want to help build a brilliant future; be part of a unique company culture; We're a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange.

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