At a Glance
- Tasks: Lead the expansion of TPA services in the London insurance market.
- Company: Join Alacrity Solutions, a top independent provider in insurance claims services.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Make a significant impact in the London insurance market with strategic leadership.
- Qualifications: 10+ years in London insurance, strong relationship-building skills, and proven leadership experience.
- Other info: Work in a vibrant city with frequent engagement in industry events and client meetings.
The predicted salary is between 72000 - 108000 £ per year.
Alacrity Solutions is a full end-to-end provider delivering streamlined insurance claims, repair, and recovery solutions. As one of the largest independent providers of insurance claims services in North America, we provide property, auto, heavy equipment, and casualty claims management services. Our staffing capabilities, temporary housing services, managed repair network, and subrogation services support a fully integrated solution for all your needs from first notice of loss through the completion of repairs.
Reporting to the VP of TPA, the Director of TPA, London Markets is responsible for expanding and strengthening Alacrity’s Third-Party Administration (TPA) presence within the London Insurance Market. This role requires a strategic leader with deep expertise in London market operations, carrier and broker relationships, and cross-border claims management. The Director will advance and promote relationships with key stakeholders, positioning Alacrity as a premier service provider for London-based syndicates, MGAs, reinsurers, and insurers seeking U.S. claims administration solutions.
Essential functions:- Market Expansion & Business Development: Develop and execute a strategy to grow Alacrity’s TPA services within Lloyd’s and the London market. Identify opportunities to align U.S.-based TPA services with the needs of London-based carriers, MGAs, and syndicates. Build and maintain strong relationships with underwriters, brokers, reinsurers, and claims executives in the London market. Act as a key point of contact for fronting carriers and capacity providers interested in expanding their U.S. operations.
- Relationship Management & Client Engagement: Establish Alacrity as a trusted and go-to partner for London-based insurers needing U.S. claims administration, or any other service our divisions can offer. Develop and deliver presentations, proposals, and service demonstrations to potential partners. Represent Alacrity at industry events and client meetings to enhance visibility. Regularly meet with current and prospective clients to review performance metrics, SLAs, and key account strategies.
- Operational & Strategic Leadership: Work closely with Alacrity’s TPA leadership in the U.S. to ensure seamless integration of London market accounts. Guide the development of compliance and regulatory strategies for London market clients operating in the U.S. Stay updated on Lloyd’s compliance standards, market trends, and regulatory requirements impacting claims administration.
- Deep understanding of the Lloyd’s of London and London Market ecosystem (syndicates, MGAs, brokers, fronting carriers).
- Proven track record in relationship-building, networking, and client management within the London insurance space.
- Strong business development skills with a focus on launching new market initiatives.
- Strategic thinker with the ability to translate market needs into business opportunities.
- Excellent presentation and communication skills, capable of engaging with C-suite executives and senior market stakeholders.
- Knowledge of U.S. claims handling processes and regulatory requirements is a plus.
- Credibility, ethical, full disclosure, and clean financial history.
- Ability to maintain privacy and confidentiality.
- Conscientious about timeliness of assignments and quality of work product.
- Possess exceptional written and verbal communication skills, including ability to articulate recommendations in a concise and timely manner.
- Able to handle multiple tasks and maintain control and order over same.
- Exceptional work ethic.
- Demonstrated ability to communicate clearly and efficiently in verbal and written form.
- Excellent judgement and strong multitasking abilities.
- Must be results-oriented and demonstrate strategic thinking, innovation, flexibility in dealing with changing and ambiguous situations.
- Decisive and exercises good judgment under pressure.
- Excellent communication and customer-service skills.
- Proactive problem-solver who can research answers and resources to complete complex tasks with little assistance.
This role is based in the United Kingdom, with an expectation that the successful candidate will be available to work and attend meetings in the City of London on a regular basis throughout the week. While some flexibility for remote work may be available, this position requires frequent in-person engagement with Lloyd’s market participants, brokers, syndicates, and other key stakeholders. The ability to be physically present in London for client meetings, industry events, and business development opportunities is essential to the role’s success.
Physical & Mental Demands:The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close, distance and peripheral vision, depth perception and the ability to adjust focus. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand; walk and use hands to handle or feel. Ability to read, analyze, and interpret financial reports, and legal documents, respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to work with mathematical concepts such as probability and statistical inference and apply concepts such as fractions, percentages, ratios, and proportions to practical situations. Ability to define problems, collect data, establish facts, draw valid conclusions, interpret technical instructions in mathematical form and deal with abstract and concrete variables.
Travel required:Ability to travel 10% of time. This position will require the individual to work in the City of London. Travel may be to industry conferences.
Required education and experience:Minimum 10 years of experience in the London insurance market (preferably within claims, underwriting, London markets service provider or broking). Proven leadership experience in business development, client relations, or strategic growth roles.
Preferred education and experience:Strong network within the London Market insurance community.
Additional eligibility requirements:Must be legally authorized to work in the UK.
Affirmative Action/EEO statement:Alacrity is an equal opportunity employer and is committed to providing employees with a work environment free of discrimination and harassment. All decisions pertaining to an employee’s employment are made without regard to race, color, religion, sex (including sexual orientation, pregnancy, childbirth), gender, gender identity or expression, age, national origin, ancestry, physical or mental disability, medical condition, reproductive health decisions, veteran’s status, genetic information, creed, marital status, disability, citizenship status, or any other characteristic protected by applicable law. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training. Alacrity Solutions makes hiring decisions based solely on qualifications, merit, and business needs at the time.
Other duties:Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Director of TPA, London Markets employer: Alacrity Solutions
Contact Detail:
Alacrity Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of TPA, London Markets
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at events, seminars, or even online. Building relationships is key in the London insurance market, so don’t be shy about introducing yourself and sharing what you bring to the table.
✨Tip Number 2
Showcase your expertise! When you get the chance to present or pitch, make it count. Tailor your presentations to highlight how your skills align with Alacrity’s goals and the needs of potential clients in the London market.
✨Tip Number 3
Stay updated on market trends! Keep an eye on what's happening in the London insurance scene. This knowledge will not only help you in conversations but also position you as a go-to expert when discussing U.S. claims administration solutions.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. Make sure to submit your application directly on our site to stand out and show that you’re keen on being part of the Alacrity team.
We think you need these skills to ace Director of TPA, London Markets
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in the London insurance market. We want to see how your skills align with our needs, so don’t hold back on showcasing your relevant achievements!
Showcase Your Relationships: Since relationship management is key for this role, share examples of how you've built and maintained strong connections in the industry. We love seeing candidates who can demonstrate their networking prowess!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your communication reflects that. Avoid jargon unless it's industry-specific and relevant!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Alacrity Solutions
✨Know Your Market Inside Out
Before stepping into the interview, make sure you have a solid understanding of the London insurance market, especially the dynamics of Lloyd’s and the key players involved. Brush up on recent trends, regulatory changes, and how they impact claims management. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Build Your Relationship Management Skills
Since this role heavily focuses on relationship management, prepare examples of how you've successfully built and maintained relationships in previous roles. Think about specific instances where you engaged with underwriters or brokers and how those interactions led to successful outcomes. Being able to articulate these experiences will demonstrate your capability in this area.
✨Prepare for Strategic Discussions
Expect to discuss strategies for market expansion and business development during your interview. Come prepared with ideas on how Alacrity can enhance its TPA services within the London market. Show that you can think strategically and align U.S.-based services with the needs of London-based clients. This will highlight your proactive approach and innovative thinking.
✨Practice Your Presentation Skills
Given the importance of presentations in this role, practice delivering concise and engaging pitches. You might be asked to present a proposal or service demonstration during the interview, so ensure you can communicate clearly and confidently. Tailor your presentation style to resonate with C-suite executives, showcasing your ability to engage high-level stakeholders effectively.