Senior Wordings Specialist

**Job Description**:
**Senior Wordings Specialist**

Singapore

Our Global Wordings team has an exciting opportunity for an ambitious and adaptable individual to join them as a Wordings Specialist. You will be an integral part of the team and the wider Legal department 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.

**What you’ll be DOING**

What will your essential responsibilities include?
- Analysing - reviewing our existing products, new products and those of our competitors, including analysis and explanation of individual clauses right through to entire product wordings, always with a focus on delivering a timely and commercial solution to any issue raised (mainly for Hong Kong and Singapore).
- Creating & Innovating - working closely with key stakeholders to build new insurance products from scratch or refine or expand existing products, leading innovation for the AXA XL brand.
- Teamwork - collaborating with colleagues across the Wordings team, the wider Legal Department and beyond (Claims, Compliance, Conduct Risk) in order to deliver on team goals, service delivery requirements and internal projects.
- Training and Developing - sharing best practice solutions across the wider business and more junior wordings colleagues, delivering presentations to underwriting teams, providing pre-bind and post-bind technical wording advice.
- Supporting underwriters in achieving underwriting discipline both through coverage analysis and offering robust and clear wording solutions and highlighting potential coverage exposure to emerging risks.
- Governance and Contracts Certainty - the ability to ensure contract certainty and adhere to governance principles in reviewing, managing, and advising on contractual terms in accordance with underwriting, legal, risk, compliance and regulatory standards and requirements.
- Collaboration - working closely with key stakeholders to deliver a fast, efficient, and high-quality service to our internal underwriting partners always prioritizing the needs of our internal stakeholders. Keeping clear and regular communication with the underwriting teams, understanding their business, needs and demands is key.

You will report to a Wordings Manager.

**What you will BRING**

We’re looking for someone who has these abilities and skills:
**Required Skills and Abilities**:

- Relevant experience in (re)insurance contract interpretation/advisory, claims management, or underwriting, preferably supported by legal qualifications. Applicants who are admitted lawyers or legal practitioners, with experience in insurance (Contracts/Wordings related), are welcome to apply.
- Ability to interpret and analyse (re)insurance clause and/or wording requests and to satisfy these by drafting your own (re)insurance clauses and wordings from scratch in a clear and robust manner (in English).
- Confidence to deliver your own wording solutions to underwriters, brokers and peers both in writing and face to face.
- Comprehensive understanding of what the business, legal and compliance needs are for individual insurance classes, with a focus on non-consumer type insurance products.
- Ability to plan and self-manage workload and work under pressure whilst adhering to deadlines and competing priorities.
- Ability to work both as part of a team and independently with little or no supervision and to exercise independent judgement.
- Analytical and critical thinking, technical proficiency of the underwriting function and strong interpersonal skills.
- Ability to interrogate and explore complex and abstract concepts relevant to policy coverage.
- Understanding of how insurance products are constructed and perform in the real world.
- In-depth understanding of standard clauses used in the market and class-specific wording structures.
- Experience in the use of contract analytics technology tools.
- Business fluent in English, including technical English.

**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.

**What we OFFER**

**Inclusion**

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity