Policy Wording Specialist

Policy Wording Specialist

About us: HDI Global Specialty SE is wholly owned by HDI Global, being a strong and established player in the insurance market.  By housing the specialty activities of the Talanx Group in HDI Global Specialty SE, we have created an excellent platform for putting together cross-business segment expertise and network reach. 

Our Australian Branch (henceforth HSAB), based in Sydney’s Martin Place, opened in 2008 and is fully authorised and regulated by the Australian Prudential Regulation Authority (APRA).  We enjoy a company Credit Rating of A+ (S&P). Our team has many years of experience and expertise and includes specialist underwriters based both locally and in various international offices.  We continuously look for opportunities to grow our footprint in the specialty insurance segment in Australia. 

HDI Global Specialty’s business offering in Australia is divided into two areas: Delegated Authority and Open Market Single Risks.

Delegated Authority (DA) Business

We seek to support Underwriting (UW) Agencies and Brokers that have a niche insurance offering, who value long-term partnerships, and who ideally have their own infrastructure to service their business needs. We provide clearly defined underwriting authority for each UW Agency to reduce unnecessary inefficiencies in the value chain.  We have a flexible approach allowing us to consider innovative ideas, lines of business, distribution channels and markets.  We provide secure and highly rated insurance paper for our partners and their clients.

Open Market Single Risk (SR) Business

We focus on General Aviation, Financial Lines business, namely Directors & Officers and Miscellaneous Professional Indemnity, Crisis Management/Product Contamination and Recall as well as Sports, Leisure and Entertainment products.  Our team of local and empowered underwriting experts provide a commercial and flexible underwriting approach.

As a Policy Wording Specialist you will be responsible for drafting and reviewing Policy Wordings and providing advisory services to Underwriting, Dispute Resolution and Claims. You will report directly to the Head of Legal & Compliance. 

You will support our underwriting teams in Australia and New Zealand in meeting strategic priorities by managing the delivery of product disclosure statements, Policy Wordings, and supporting legal documentation for business relationships. 

 About You:

• Minimum of 5 years post qualification experience, with previous in-house legal experience. 
• Excellent understanding of General Insurance and insurance contract law in Australia and New Zealand.
• Working experience and/or exposure to General Insurance, either in contracts, claims or dispute resolutions essential.
• Prior experience in the review and drafting of Policy Wordings preferred.
• Some experience in one or more Specialty lines preferred.
• Tertiary level legal qualification, with either Bachelor and/or Master’s degree in law from an Australian, or other recognised university.

HDI Global Specialty offers a values-based dynamic working environment, a flexible approach to work, and a learning framework to support your continued development. 

This is a great opportunity to pursue your career within an established international insurance company with scope for career development long term. We provide equal opportunity to all qualified individuals and believe that diversity and inclusion are critical to our future.

You will need to already have permanent rights to work in Australia (either citizen or permanent residency).

If you would like to become a member of the HDI Global Specialty team, please click on the apply now button.