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Insurance Policy Wordings Specialist

2 months ago


Sydney, New South Wales, Australia CHUBB Full time
About the Role

Chubb is seeking a highly skilled and experienced Underwriting Counsel to join our team. As an Underwriting Counsel, you will play a critical role in providing legal and drafting expertise in the development of clear, concise, and effective policy wordings.

Key Responsibilities
  • Design and technical writing of new policy wordings across various business lines, in consultation with key business stakeholders.
  • Collaborate with key business stakeholders to understand product intention, target market, product design, distribution methods, and vision.
  • Edit and proofread policy wordings.
  • Manage relationships with key business stakeholders and responsibility for managing large pieces of wordings project work.
  • Stay up-to-date with relevant legislation and its application to insurance contracts.
  • Research and apply insurance policy construction.
  • Maintain awareness of legal and regulatory requirements and monitor changes and developments in the legal and regulatory landscape.
  • Assist in the development and maintenance of style guides, policy wording templates, and precedent documents.
Requirements
  • Current NSW Practising Certificate.
  • Law degree with 3 to 5 years post-qualification legal experience preferably in insurance and/or commercial law.
  • Front-end insurance experience, including policy wording drafting and advice, will be highly regarded.
  • Understanding of regulatory frameworks impacting the financial service industry will be highly regarded.
  • Ability to provide commercially-focussed legal and regulatory advice and policy drafting support.
  • Ability to manage competing priorities and business stakeholders.
  • Ability to work both autonomously and within a team.
  • Demonstrated effective and pro-active communication, negotiation, and interpersonal skills.
About Chubb

Chubb is a world leader in insurance, with operations in 54 countries and territories. We provide commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. As an underwriting company, we assess, assume, and manage risk with insight and discipline. We service and pay our claims fairly and promptly.

We offer a dynamic and agile work environment where continuous development is encouraged throughout your career, both locally and globally. We also offer a flexible working approach, education assistance, dress for your day every Friday, promotion of health and wellbeing, and the option to enrol into the Chubb Limited discounted stock purchasing scheme.