UK Head of Claims in London

UK Head of Claims in London

London Full-Time 63000 - 77000 £ / year (est.) On-site
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At a Glance

  • Tasks: Lead and innovate in claims management, driving business growth and excellence.
  • Company: Join AIG, a global leader in insurance solutions with a culture of collaboration.
  • Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
  • Other info: Dynamic environment with opportunities for career growth and continuous learning.
  • Why this job: Make a real impact in the insurance industry while fostering a culture of inclusion.
  • Qualifications: Proven leadership skills and experience in claims management required.

The predicted salary is between 63000 - 77000 £ per year.

At AIG, we are reimagining the way we help customers to manage risk. Join us as UK Head of Claims to play a key leadership role that will drive business growth and innovation.

Our Claims teams are the proven problem solvers of choice for clients, delivering consistent technical excellence and showcasing our service differentiation to create an unparalleled global claims handling experience. Through a robust stakeholder feedback loop and supported by consistent processes and leadership, we take pride in delivering responsive, fair and professional service with empathy and efficiency.

This role will be responsible for both AIG UK’s and Talbot’s delivery and execution of the Claims strategy. This will include claims management and outcomes, total cost of claim, data, digital and GenAI initiatives and alignment with key stakeholders, control of the claims budget as well as acquisition, development and retention of talent.

Key responsibilities for this role include:

  • Senior point of contact for claims for internal UK stakeholders, committees and functions (e.g., CEOs, HR, FP&A, Distribution, Underwriting).
  • Representing the UK and Talbot claims organisations on the International Claims Leadership team and supporting the International Chief Claims Officer with driving our broader strategic aims.
  • Lead delivery of the Claims strategy in AIG UK and Talbot through initiatives that are aligned with Global/International claims, as well as AIG UK and Talbot business plans and priorities.
  • Responsible for leading and managing the AIG UK and Talbot claims team.
  • Responsible for effective delegation of Claim Authorities to AIG UK and Talbot in accordance with the Global/International Framework.
  • Optimising the operational, technical and quality performance of the AIG UK and Talbot claims functions (including through analysis of portfolio level data and metrics) and implementing corrective and/or improvement actions where appropriate.
  • Working with the International and Global Technical Claims leadership on various strategies, including large loss management, claims trend data analysis and implementation of data, digital and Gen AI initiatives.
  • Responsibility for the expansion of Claims by AIG Assist to AIG UK and implementation and execution of Claims by AIG Assist within AIG UK.
  • Managing direct claims expense for AIG UK and Talbot within budget and ensuring that ALAE is monitored and controlled effectively.
  • Oversee the implementation of business plans across AIG UK and Talbot and ensure that agreed to targets and priorities are met.
  • Lead cross functional collaboration efforts across the business, including ensuring that claims actively support growth and efficiency priorities within the wider business.
  • Responsibility for workforce planning and identifying the skills needed to deliver the short and long-term objectives of the business.
  • Ensure AIG UK and Talbot have a strong reputation for Claims excellence and service delivery in the marketplace.
  • Represent AIG UK’s and Talbot’s interests with key customers and brokers and take responsibility for developing and delivering the claims value proposition.
  • Develop tools and strategies, in collaboration with HR, to attract and retain top industry talent and develop high performing teams, including succession planning, learning and development and talent management.
  • Ensure that UK claims is operating within appropriate regulatory framework boundaries at all times (given regulatory responsibilities, a strong understanding of the regulatory and legal environment in the UK and Lloyd’s is preferred).
  • Adhere to and embed risk policies, Statement of Operating Standards and the relevant policies, audits, controls and ERM procedures.
  • Drive a culture that promotes collaboration, diversity and inclusion.

The successful candidate will possess proven people management and leadership skills and an ability to influence and manage a broad range of stakeholders and work collaboratively in a matrix structure across a wide range of geographies and functions. You will need to demonstrate an ability to both lead and build the capabilities of a driven, bright, diverse team and to drive a culture that promotes excellence, collaboration, diversity and inclusion.

In addition, the successful candidate will demonstrate experience of working in a highly regulated environment (including ownership of internal control framework) and a track record of identifying, attracting, developing and retaining talent. The candidate will have an excellent grasp of technical claims handling, development of claims and identification of trends and loss causes and an ability to work with actuaries and underwriters in respect of the same. You will also need to be able to identify opportunities to improve process and efficiency and execute on transformation projects (including data, digital and Gen AI).

Additional requirements include:

  • Self-directed with ability to manage and motivate others.
  • Expert claims experience and analytical and quantitative skills.
  • Strong commercial mindset with a proven track record of making sound judgments backed by strong analytical skills and business acumen.
  • Strong proven leadership skills and stakeholder management.
  • Proven ability and experience of building and managing high performing teams.
  • Strong service and client focused culture.
  • Deep knowledge and practical application of the UK and European regulatory environment.
  • Established strong relationships with customers and intermediaries.
  • Ability to identify, attract, develop and retain talent.
  • Strong presentation and communication skills.
  • Strong problem solving and conflict resolution abilities.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honoured that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

UK Head of Claims in London employer: AIG Insurance

AIG Insurance is an exceptional employer, offering a dynamic work environment where collaboration thrives, particularly in the heart of Lloyd's. With a strong emphasis on professional development, employees benefit from extensive growth opportunities and a supportive culture that values teamwork and compliance excellence. Working at AIG not only provides a chance to be part of a leading insurance firm but also ensures meaningful contributions to the financial integrity of managed syndicates.

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Contact Details:

AIG Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land UK Head of Claims in London

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We think you need these skills to ace UK Head of Claims in London

Claims Management
Stakeholder Management
Leadership Skills
Analytical Skills
Problem-Solving Skills
Regulatory Knowledge
Talent Development

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AIG Insurance.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AIG Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at AIG Insurance

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AIG Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

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As a full-timer at AIG Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding AIG Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.