At a Glance
- Tasks: Manage and settle Cyber & PI claims for global clients, ensuring effective communication and negotiation.
- Company: Join Aon, a leader in shaping better decisions for clients worldwide.
- Benefits: Enjoy hybrid working, flexible benefits, and excellent career growth opportunities.
- Other info: Opportunity to work with renowned professional services groups and gain diverse industry exposure.
- Why this job: Be part of a supportive team that values your development and expertise in claims management.
- Qualifications: 5+ years of experience in Cyber & PI claims within the London market required.
The predicted salary is between 60000 - 68205 £ per year.
Are you an experienced Cyber & PI Claims professional ideally with knowledge of London Market claims processes and procedures with a minimum of 5+ years experience? Are you excited to join a claims team that handles Cyber & PI claims on behalf of some of the world's most recognised Professional Services Groups? If so, we have a fantastic hybrid role with flexibility to work both virtually and from our Chelmsford or London office.
Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.
What the day will look like
In this exciting role, you will be primarily responsible for the management, strategy and process for the notification, agreement, collection and successful settlement of a portfolio of Cyber & PI claims for a truly global and diverse client range. Your key responsibilities will include:
- First notification of loss, advocacy and to settlement conclusion of a range of Cyber & PI clients claims matters.
- Negotiation and liaison with markets, clients, placement teams, specialists, network offices, underwriters and appointed authorities (loss adjusters, lawyers etc).
- Conduct data analysis to establish the claims history for a particular client or business portfolio, and to identify trends and patterns in claims for a client or business segment.
- Negotiate the payment and settlement of claims with clients and underwriters.
- Coordinate discussions and, where appropriate, meetings to ensure superior level of communication between the client, underwriter and their representatives concerning the proposed settlement.
- Engage with the Head of Professional lines Advocacy in the strategy to conclude contentious claims.
- Daily use of ECF with market and client facing claims advocacy.
- Working as part of the team and autonomously.
- Office attendance minimum two days and three days per week on a rotational basis.
- Detailed knowledge of product lines, with at least 5+ years London market experience.
- Opportunity to work on other PI lines of business, including Architects, Engineers, Brokers E & O, law firms.
How this opportunity is different
Our Global Claims team at Aon is truly welcoming and team focused. We have a wealth of experience on hand ready to coach and mentor new members of the team to become the very best Claims Specialists that they can be. With hybrid working, a comprehensive and flexible benefits package and outstanding career possibilities this is a phenomenal opportunity and time to join our team. This role is integral for this client sector within the professions team, and could involve some travel and exposure to other lines of professions claims.
Skills and experience that will lead to success
- Detailed experience in handling claims for national and international clients over various business sectors for Cyber and primarily professional services firms for PI with at least 5+ years London market experience.
- This role will include both client and market facing requirements and organising, co participating in person and team meetings.
- Previous experience interacting with senior client stakeholders and risk manager would be advantageous.
- Minimum 5 years + London market Cyber experience required, knowledge of IP and AI claims would be advantageous.
- Knowledge of Professional Indemnity Claims and confidence to coordinate and initiate discussions with our networks, clients, underwriters and experts.
- Experience of the CLASS and ECF Processing system core skill requirement.
- Proficient in word and excel.
- Strong Interpersonal skills.
- Full cycle client account ownership from FNOL to settlement conclusion.
- Keen to apply product line knowledge to enable exceptional client claims outcomes.
Claims Advocate - Cyber & PI in London employer: Aon
AON is an exceptional employer that fosters a dynamic work culture in the heart of Greater London, offering flexibility to work from multiple locations including Reading and Chelmsford. With a strong emphasis on employee growth, AON provides comprehensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to innovative solutions in Trade Credit Insurance. Join us to be part of a collaborative environment where your expertise will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Advocate - Cyber & PI in London
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We think you need these skills to ace Claims Advocate - Cyber & PI in London
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 Aon.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Aon. 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 Aon
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Aon 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 Aon, 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 Aon'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.