Senior Wordings and Contracts Specialist – Portfolio Solutions and Structured Solutions

Senior Wordings and Contracts Specialist – Portfolio Solutions and Structured Solutions

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Build a brilliant future with Hiscox

Job Type

Permanent

Reports to:

Head of Wordings

Location:

London (hybrid)

As an international specialist (re) insurer we are far removed from the world of mass insurance products and instead selectively focus on key areas of expertise and strength, which is underpinned by a culture that encourages us to challenge convention and always look for a better way. We prioritise the principle of doing what we say we will, as we are defined by our strong moral fibre.

Insuring the unique and interesting, our search for talent is the same. We empower our people to think creatively, challenge the status quo and approach challenges with flair and creativity. This results in us being able to provide the type of insurance solutions which are often too complex for other insurance companies, as we find a way when others give up.

If you thrive in a challenging and collaborative environment, where you are trusted to work instinctively and know the company will stretch you to your full potential, then look no further.

Business Area

Hiscox is a diversified international insurance group. As part of the group, Hiscox London Market (HLM) predominantly insures unusual and larger global risks.

HLM Operates In The Following Lines Of Business

• Casualty (directors & officers’ liability, general liability, cyber risks)
• Marine, Energy and Speciality (marine hull and cargo, marine & energy liability, renewables and upstream oil and gas)
• Property (commercial/household, major property, flood)
• Crisis Management (personal accident, terrorism, political violence, K&R)
• Portfolio Solutions (Managing General Agents, Structured Solutions) from 1st January 2026.

The Role

We wish to add a senior wordings and contracts specialist to our team, reporting to the Head of Wordings. The role will support the Portfolio Solutions division – that is to lead the proposition for Structured Solutions, and provide support across the remainder of the division and lines where required.

What you’ll be doing in the role

• Draft, review and negotiate structured (re) insurance policy documentation, thereby ensuring clarity, accuracy and alignment with commercial intent.
• Draft, review and negotiate ancillary documents including NDAs, parental guarantees and letter of credit.
• Ensure documentation meets Lloyd’s requirements and reflects best practice across the market, wording closely with other lines of business.
• Partner with underwriters to ensure (re) insurance contracts fully and accurately capture agreed commercial terms.
• Provide clear guidance on regulatory, compliance and contractual considerations relevant to the transaction that is being executed.
• Proactively identify potential wording or contractual challenges and pre-emptively implement workable solutions.
• Support innovation by developing template wordings tailored to structured (re) insurance solutions.
• Contribute to training and knowledge-sharing within the underwriting team on key contractual and regulatory considerations.

Across Portfolio Solutions And The Rest Of HLM

• Working with underwriters to guide our responses on matters of coverage and regulation during the risk placement process.
• Maintaining and developing our internal wordings resources and repositories.
• Promoting technical knowledge through the learning and development of our underwriters on contractual matters.
• Ensuring we implement our underwriting standards and controls when issuing contracts.
• Representing Hiscox at market level to provide solutions to emerging risks and legal developments.
• Embracing a truly international book of business. We work closely with our colleagues in Europe and the USA meaning the work offers good variety.

The person

Our must haves

• Knowledge and experience of (re) insurance contracts or structured (re) insurance contracts, the (re) insurance industry, customs and practices preferably gained in-house within a (re) insurance company or broking environment.
• A strong understanding of regulatory and…