Wholesale Claims Governance Manager
Wholesale Claims Governance Manager

Wholesale Claims Governance Manager

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead governance for claims, ensuring compliance and managing key relationships.
  • Company: Markel International is a market leader in efficient and professional claims services.
  • Benefits: Enjoy competitive salary, bonuses, generous holidays, and a strong pension scheme.
  • Why this job: Join a highly regarded team making a real impact in the insurance industry.
  • Qualifications: Extensive governance experience and strong stakeholder management skills required.
  • Other info: Flexible working options and support for diverse needs available.

The predicted salary is between 43200 - 72000 £ per year.

Join to apply for the Wholesale Claims Governance Manager role at Markel International . The Wholesale Claims Governance Manager involves working closely with the claims team across various locations to establish a robust claims governance framework. Responsibilities include providing guidance to the Claims Leadership Team, managing regulatory relationships, ensuring compliance with claims standards, overseeing the year-end financial audit, and adapting to regulatory changes. Who we are: The Claims department aims to be market leaders in providing efficient, cost-effective, and professional services to brokers and clients. Our vision is to be the most customer-centric, nimble, and value-adding claims team, working collaboratively with underwriting to enhance product and service delivery. The Wholesale Claims team manages claims from three primary locations (London, Singapore, Australia) across divisions like Marine & Energy, PFR & Cyber, and Specialty. The division writes over $1.6bn GWP, aiming to exceed $2bn by 2025. The team is highly regarded, winning multiple awards for its service excellence. The new Claims Governance Manager role will work across all locations, engaging with key functions such as the Office of the CUO, Governance & Delegated teams, and Compliance. The role involves providing governance guidance, managing key relationships, and leading regulatory interactions. What you’ll be doing: Ensuring compliance with claims standards and leading the annual review process. Managing Lloyd’s relationships and oversight of the Claims Management Principle. Handling delegated claims referrals and overseeing internal and external audits. Driving compliance with LIC claims handling guidelines and key controls. Leading control responses, including the claims manual review and authority matrix updates. Monitoring regulatory changes and representing the claims team on governance matters. Overseeing the claims declinature process, complaints, and performance reporting. Managing the development of a future quality assurance function for peer and technical reviews. Key Skills: Extensive governance experience, preferably with claims or technical knowledge. Understanding of Lloyd’s and London market frameworks. Strong stakeholder management and risk oversight skills. Knowledge of the consumer duty framework and regulatory expectations. Leadership skills with the ability to develop teams and provide clear instructions. Experience with delegated claims arrangements is preferred. Proficiency in reporting, IT skills including MS Word, Excel, PowerPoint, Outlook. What’s in it for you? Competitive salary, annual bonus, and benefits. Up to 16% pension scheme, private medical/dental, and other perks. Generous holiday entitlement with options to buy/sell leave. Opportunities for professional growth and skill development. Are you ready to play your part? If you seek a role where you can make a meaningful impact, join us. At Markel, we foster a diverse community of problem-solvers committed to thinking further, striving for better, and helping others reach their potential. Apply now to be part of something special. We support flexible working and provide accommodations for applicants with diverse needs. Contact us at talentacquisitionteam@markel.com or 0161 507 5827 for assistance. #J-18808-Ljbffr

Wholesale Claims Governance Manager employer: Markel International

Markel International is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth, competitive benefits including a generous pension scheme and private medical care, and a commitment to diversity and flexible working, we empower our team members to make a meaningful impact in the claims governance landscape across global locations. Join us to be part of a highly regarded team that values excellence and supports your professional journey.
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Contact Detail:

Markel International Recruiting Team

talentacquisitionteam@markel.com

StudySmarter Expert Advice 🤫

We think this is how you could land Wholesale Claims Governance Manager

✨Tip Number 1

Familiarise yourself with the Lloyd’s and London market frameworks. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role and its requirements.

✨Tip Number 2

Network with professionals in the claims governance field, especially those who have experience with regulatory relationships. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Stay updated on current regulatory changes and consumer duty frameworks. Being knowledgeable about recent developments will show your proactive approach and readiness to adapt to the evolving landscape.

✨Tip Number 4

Prepare to discuss your leadership experiences and how you've developed teams in previous roles. Highlighting your ability to guide and mentor others will resonate well with the expectations of the Claims Governance Manager position.

We think you need these skills to ace Wholesale Claims Governance Manager

Governance Experience
Claims Management Knowledge
Stakeholder Management
Risk Oversight Skills
Understanding of Lloyd’s Market Frameworks
Consumer Duty Framework Knowledge
Regulatory Compliance Expertise
Leadership Skills
Team Development
Delegated Claims Arrangements Experience
Financial Audit Oversight
Reporting Proficiency
IT Skills (MS Word, Excel, PowerPoint, Outlook)
Adaptability to Regulatory Changes
Performance Reporting

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Wholesale Claims Governance Manager position. Tailor your application to highlight how your experience aligns with the key skills mentioned in the job description.

Craft a Strong CV: Your CV should clearly showcase your extensive governance experience, stakeholder management skills, and any relevant technical knowledge. Use specific examples from your past roles that demonstrate your ability to lead teams and manage regulatory relationships.

Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your understanding of the Lloyd’s and London market frameworks, and explain how your background makes you a perfect fit for the claims governance team.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for the role.

How to prepare for a job interview at Markel International

✨Understand the Governance Framework

Familiarise yourself with the claims governance framework, especially as it pertains to Lloyd's and the London market. Be prepared to discuss how you would ensure compliance with claims standards and lead the annual review process.

✨Showcase Stakeholder Management Skills

Highlight your experience in managing key relationships and engaging with various stakeholders. Be ready to provide examples of how you've successfully navigated complex regulatory interactions in previous roles.

✨Demonstrate Leadership Abilities

Prepare to discuss your leadership style and how you develop teams. Share specific instances where you've provided clear instructions and guidance, particularly in a governance or compliance context.

✨Stay Updated on Regulatory Changes

Research recent regulatory changes that may impact the claims sector. Being knowledgeable about current trends will show your commitment to staying informed and your ability to adapt to new challenges.

Wholesale Claims Governance Manager
Markel International
Location: London
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