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Lockton

Wordings Technician - 12 month FTC

London
Posted about 22 hours ago
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Your Responsibilities

Technical Wording Review & Drafting

  • Conduct Second Pair of Eyes (SPOE) reviews of wordings drafted by junior Wordings Technicians.
  • Review and validate Terrorism, Political Violence and Crisis Management / Active Assailant wordings.
  • Assist with drafting renewal wordings, endorsements and amendments for International Property (Rest of World) and North American Property teams.
  • Draft bespoke clauses and extensions on an as-needed basis to address client, broker or underwriter requirements.
  • Review Property ROW and NAP wordings against drafted Market Reform Contracts (MRCs) to ensure the wording and MRC are fully aligned, including limits, sublimits, deductibles, conditions, exclusions, extensions and endorsements.

Coverage Analysis & Comparisons

  • Conduct technical wording reviews for the UK Retail Team.
  • Prepare wording comparisons where a client is considering moving from one market wording to another.
  • Identify differences in coverage, definitions, exclusions, extensions, deductibles, sublimits and policy triggers.
  • Provide clear, practical summaries of coverage enhancements, restrictions and points requiring broker or underwriter clarification.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

Quality Assurance, Tracking & Reporting

  • Maintain and update the manual wording tracker spreadsheet, including wordings drafted, issued, returned and outstanding.
  • Produce weekly reports for Property ROW and NAP teams showing overdue wordings and documentation not yet returned to the Wordings Team.
  • Escalate overdue or unresolved items where required to maintain workflow discipline and audit trail integrity.
  • Support good file governance by ensuring wording activity and status updates are accurately recorded.

Market, Team & Technical Support

  • Attend weekly NAP and Terrorism meetings.
  • Report back to the relevant teams on wording issues, underwriter queries, new clauses, emerging market practice and significant Lloyd's / LMA clause developments.
  • Assist with ad hoc wording reviews for new Property ROW and NAP accounts.
  • Act as a technical wording resource to brokers and producers, providing concise and commercially practical feedback.

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Qualifications

  • Strong understanding of commercial property insurance, business interruption, Terrorism, Political Violence and Crisis Management / Active Assailant wordings; familiarity with London Market and Lloyd's structures; ability to interpret MRCs and policy documentation.
  • Experience reviewing, drafting or amending policy wordings, endorsements, extensions, exclusions and manuscript clauses with a high level of accuracy.
  • Ability to identify gaps, inconsistencies and ambiguity between wording, MRC and placement intent, and to propose practical solutions.
  • Strong attention to detail and confidence conducting SPOE reviews of junior team members' work.
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Skills

Technical Wording Review
Policy Drafting
Commercial Property Insurance
Business Interruption
Terrorism Insurance
Political Violence Insurance
Crisis Management Insurance
Market Reform Contracts (MRC)
Coverage Analysis
Quality Assurance
Lloyd's Market Structures
LMA Clauses
Endorsements
Manuscript Clauses
Audit Trail Management
Stakeholder Management

Location

London, England, United Kingdom

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