At a Glance
- Tasks: Lead complex reinsurance claims and recoveries, using data and expertise to drive outcomes.
- Company: Join Aviva, a leading insurance company committed to innovation and inclusivity.
- Benefits: Competitive salary, generous pension, 29 days holiday, and flexible working options.
- Other info: Supportive culture with opportunities for professional growth and community involvement.
- Why this job: Make a real impact in a dynamic environment while enhancing your technical skills.
- Qualifications: Expertise in reinsurance claims and strong analytical skills required.
The predicted salary is between 85000 - 100000 £ per year.
This is a great job for someone who is a technical reinsurance specialist with deep expertise across reinsurance arrangements. You enjoy working on complex claims and recoveries, using data, contract knowledge and market expertise to deliver the best possible outcomes. You may already be working in a senior reinsurance claims, recoveries or reinsurance operations role and are looking for an opportunity where your technical knowledge can have a broader impact. You're confident analysing large datasets, interpreting reinsurance contracts and building strong relationships with brokers, reinsurers and internal stakeholders.
A bit about the job: This role exists to protect Aviva's financial position through expert management of our reinsurance claims portfolio and recovery activity. You'll join our Major & Complex Reinsurance Claims team, working across high-value and technically complex claims spanning multiple business lines and reinsurance structures. Working closely with underwriting, finance, actuarial and risk teams, you'll provide technical expertise on treaty and facultative reinsurance matters while managing complex recoveries and portfolio performance. You'll be accountable for delivering accurate and timely recoveries, maintaining strong market relationships and helping to continually strengthen Aviva's reinsurance claims capability.
Skills and experience we're looking for:
- Significant experience in reinsurance claims, recoveries or a technical reinsurance environment, with expert knowledge of both treaty and facultative reinsurance.
- Strong understanding of reinsurance contract structures and wording interpretation, with the ability to apply technical knowledge to complex claims and recovery scenarios.
- Advanced Excel and data analysis skills, with experience analysing, validating and interpreting large and complex reinsurance datasets to support decision-making and recovery outcomes.
- Proven experience working with reinsurers, brokers and internal stakeholders to resolve technical issues, challenge outcomes and deliver successful recoveries.
- Experience providing technical leadership, guidance or oversight within a reinsurance function, with a focus on operational excellence and continuous improvement.
Aviva is for everyone: We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending at least 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.
Reinsurance Claims Lead in London employer: Aviva Group
Aviva Group provides a supportive work culture that emphasizes professional development and innovation. Employees have the chance to work on impactful projects that drive the company's digital ambitions and AI strategy. The hybrid working model allows for flexibility and a balanced approach to work.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Claims Lead 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 Aviva Group). 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 Aviva Group. 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 Reinsurance Claims Lead 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 Aviva Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Aviva Group. 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 Aviva Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Aviva Group 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 Aviva Group, 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 Aviva Group'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.
