Sr. Claims Analyst, Global Markets Claims Group in London

Sr. Claims Analyst, Global Markets Claims Group in London

London Full-Time 63000 - 77000 £ / year (est.) On-site
A

At a Glance

  • Tasks: Manage and assess marine claims while collaborating with a dynamic team.
  • Company: Join Allied World, a global leader in insurance and reinsurance solutions.
  • Benefits: Enjoy career development, structured coaching, and a supportive global network.
  • Other info: Work in a vibrant environment with opportunities for growth and learning.
  • Why this job: Make an impact in the marine insurance sector with a passionate team.
  • Qualifications: 5-10 years of marine claims experience and strong communication skills.

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

Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions.

We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

At Allied World we have more than 1,400 talented and loyal employees working in over 20 offices globally who service clients throughout the world.

We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships.

Our employees share our passion for progress and success, and we are looking for talented committed people to join our team.

We are looking for an enthusiastic senior marine claims handler who will be responsible for claims emanating from our Marine and Bespoke books of business on both Syndicate and Company platforms.

The main classes being Cargo and US Trucking along with Fine Art and Specie and new products within the Bespoke underwriting portfolio.

The successful candidate’s primary responsibility will be the day to day handling of all claims assigned to them which includes US, UK, Europe and rest of the world exposures.

This role is within our First Party team based in London which is responsible for managing claims from our Property, Construction, Aviation, Bespoke, Marine and Political Risk/Credit books of business.

Main Duties and Responsibilities

  • Manage, adjust and assess claims within own defined authority.
  • Establish file strategies and settle claims in accordance with policy terms.
  • Ensure large / complex claims are identified and escalated to claims management.
  • Broker and client engagement as required.
  • Demonstrate good vendor / expert management.
  • Comply with internal procedures, Lloyd’s Principles and all regulatory and statutory requirements relating to claims handling and company procedures.
  • Attend market claims meetings in person in a lead or follow capacity.
  • Regular engagement and providing claim support to the underwriting team, actuaries and claims management; including but not limited to claims specific information, trend analysis, pre-inception & renewal data / insights.
  • Understand and adhere to KPI targets / performance measures.
  • Handle other First Party based claims as required.
  • Other tasks / duties / projects can be expected.

Person Specification

  • 5-10 years of Marine claims handling experience, in the London Market, including Lloyd’s.
  • Demonstrating technical expertise in Marine claims and policy interpretation.
  • Able to immediately handle a diverse range of claims and responsibilities.
  • Experience of managing large / complex and catastrophe event claims.
  • Track record of managing Lawyers, Loss Adjusters and other vendors.
  • Excellent oral and written communication skills.
  • The ability to work in a team environment whilst being self-motivated and performance driven.
  • Proven ability to work with senior management, claims/legal professionals, other insurers, brokers, affiliated companies, or clients.
  • Excellent organisational skills and the ability to work on multiple tasks concurrently.
  • Insurance qualifications / certificates or progression towards are an advantage.
  • Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry.

They enjoy their work, and many have served for several years.

This is what you can expect when you join us

  • Instant membership in the Allied World — a global network of colleagues who will support your career journey
  • A manager who will help you build your career through a structured coaching program
  • Access to a full suite of learning and development tools and resources
  • Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto.

We strive to provide exceptional service to our clients and distribution partners.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions.

We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001.

We are a subsidiary of Fairfax Financial Holding Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways.

Allied work is an equal opportunity employer.

Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac. com, or follow us on Facebook and Linked In.

Sr. Claims Analyst, Global Markets Claims Group in London employer: Allied World

At Allied World, we pride ourselves on fostering a collaborative and supportive work environment where talented professionals can thrive. As a Finance Operations Assistant, you'll benefit from structured coaching, access to extensive learning resources, and the opportunity to grow your career within a global network of over 1,650 experts. Our commitment to employee development and a diverse workplace makes us an exceptional employer in the finance sector.

A

Contact Details:

Allied World Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Sr. Claims Analyst, Global Markets Claims Group in London

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Allied World). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Allied World. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Sr. Claims Analyst, Global Markets Claims Group in London

Marine Claims Handling
Policy Interpretation
Claims Management
Vendor Management
Regulatory Compliance
Communication Skills
Organisational Skills

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 Allied World.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Allied World. 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 Allied World

✨Know Your Numbers: Insurance Fundamentals

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

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at Allied World, 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 Allied World'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.