Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage claims from start to finish, ensuring smooth communication with markets and clients.
- Company: Join a reputable Lloyds broker known for its expertise in delegated authority agreements.
- Benefits: Enjoy a competitive salary, excellent benefits, annual bonuses, and hybrid working options.
- Why this job: Be part of a dynamic team handling complex claims in a supportive and innovative environment.
- Qualifications: Solid experience in professional indemnity claims and knowledge of Lloyds market processes required.
- Other info: Permanent contract with a salary range of £45,000 to £65,000 p.a.
The predicted salary is between 45000 - 65000 £ per year.
Job Description
Your new employer is an established, independent Lloyds broker based in the heart of the City of London. Over the past 15 years they have built an enviable reputation as a specialist in the development, placement and servicing of delegated authority agreements on behalf of clients in addition to underwriting on in-house facilities.
Role overview
Our client is seeking to hire an experienced London Market claims broker to assume management of North American, Australian, UK & European TP and in-house binder claims. Classes of insurance will be biased towards professional indemnity (traditional & non-traditional) professions but will also include med mal, general liability and some property/construction.
- You will manage claims form initial notification through to closure
- Ensure markets are advised of new claims and updated on existing cases
- Processing, monitoring and reconciling claims bordereaux.
- Supervision of TPA loss funds.
- Management of large and complex losses.
- Negotiating settlements with insurers
- Resolving queries with markets and clients.
- Maintain relationships with TPA’s, attorneys and adjusters.
What you need to show
- Solid experience of professional indemnity claims is essential.
- In-depth understanding of Lloyds and Company market claims processes and protocols
- Ability to utilise ECF and IMR
What is on offer
- Permanent contract
- Salary from £45,000 to £65,000 p.a.
- Excellent benefits and annual bonus
- Hybrid working options
Ref ~ 9939
Interested? Please apply today, and we will contact you by return.
MW Appointments has been recruiting in the insurance market since 1992, so you will benefit from partnering with a market leader with in-depth technical understanding, comprehensive market insight, and well-established relationships across the insurance sector.
Claims Broker employer: MW Appointments
Contact Detail:
MW Appointments Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Broker
✨Tip Number 1
Familiarize yourself with the specific claims processes and protocols used in the Lloyds and Company market. This knowledge will not only help you stand out but also demonstrate your commitment to understanding the nuances of the role.
✨Tip Number 2
Network with professionals already working in the London Market, especially those involved in professional indemnity claims. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Highlight any experience you have with ECF and IMR systems during your conversations. Being able to discuss your proficiency with these tools can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your approach to managing large and complex losses. Be ready to share specific examples that showcase your negotiation skills and ability to resolve queries effectively.
We think you need these skills to ace Claims Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your solid experience in professional indemnity claims and your understanding of Lloyds and Company market claims processes. Use specific examples to demonstrate your expertise.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your relevant experience managing claims and negotiating settlements, and how you can contribute to their success.
Highlight Relevant Skills: Emphasize your ability to utilize ECF and IMR, as well as your experience with TPA loss funds and managing large and complex losses. These skills are crucial for the Claims Broker position.
Proofread Your Application: Before submitting, carefully proofread your application to ensure there are no errors. A polished application reflects your attention to detail, which is essential in the insurance industry.
How to prepare for a job interview at MW Appointments
✨Showcase Your Experience
Make sure to highlight your solid experience with professional indemnity claims. Prepare specific examples of past cases you've managed, focusing on your role in the process and the outcomes.
✨Understand the Market
Demonstrate your in-depth understanding of Lloyds and Company market claims processes. Familiarize yourself with current trends and challenges in the industry to show that you are well-informed.
✨Be Ready to Discuss Technical Skills
Since the role requires the ability to utilize ECF and IMR, be prepared to discuss your proficiency with these systems. If possible, provide examples of how you've used them effectively in previous roles.
✨Emphasize Relationship Management
Highlight your ability to maintain relationships with TPAs, attorneys, and adjusters. Share examples of how you've successfully navigated complex negotiations or resolved disputes in the past.
