At a Glance
- Tasks: Lead complex claims in Property & Construction and drive continuous improvement initiatives.
- Company: Join AXA XL, a leader in innovative claims solutions.
- Benefits: Competitive pay, inclusive benefits, and opportunities for personal growth.
- Other info: Embrace a culture of learning with cross-training opportunities across teams.
- Why this job: Make a real impact in a dynamic environment while developing your skills.
- Qualifications: Experience in Property & Construction claims and strong collaboration skills.
The predicted salary is between 60000 - 80000 £ per year.
At AXA XL our Claims team sets us apart. Our experienced Claims professionals use their specialised expertise to handle even the most complex claims seamlessly. You focus on excellence and creating a culture of continuous improvement. You create an environment that fosters collaboration, customer service and colleague development. And you build a team of passionate and innovative claims experts who see success as a reason to roll up their sleeves and drive for improvement.
As Associate Regional Practice Leader, you will collaborate closely with the Property & Construction Claims Teams (International and London Wholesale), Property & Construction Underwriting teams, and also fellow Practice Leaders, playing a pivotal role on some of the most complex claims as well as working with the team to analyse the wider portfolio and share trends and lessons learned. You will be part of the Claims Practice Community, sharing insights and experiences across products and geographies. The role also involves close working with key stakeholders including the Actuarial team and Claims Management.
This is a fantastic role supporting the Regional Claims Practice Leader– Property & Construction with providing technical oversight and coaching of the UK & Lloyd’s Property & Construction Claims Teams as well catastrophe management and reporting. You will help drive a culture of continuous improvement and learning within the claims team and actively support short- and long-term improvement initiatives. AXA XL behaviours and values will be demonstrated at all times.
What you’ll be doing
- Monitoring a portfolio and being the technical expertise point of reference for the largest and most complex losses and potential exposures in Property & Construction, to promote best claim handling practices and ensure compliance with early warning and large loss protocols.
- Providing insights into watchlist developments and emerging risks & trends.
- Provide oversight of large losses and proactively manage litigation strategy on complex claims, including selection and management of external counsel in collaboration with management, Litigation and Claims teams, ensuring adherence to litigation management principles.
- Large Loss Governance: Ensuring that across the portfolio, claims handling is compliant with the Large Loss Framework with active participation and leadership in roundtable and watchlist review meetings.
- Driving accurate and timely reserving of our largest Property & Construction claims.
- Maintain robust reporting, controls and governance across the team, including compliance with the AXA XL Claim Alert and Quality Review processes, and drive a culture of continuous improvement and learning.
- Build and maintain strategic relationships with brokers, clients, underwriters, actuaries and Practice teams, including supporting new business and renewal activity, client training, marketing, business development and retention initiatives.
- Build and maintain an external network/panel of Experts (Adjusters/Forensic accountants etc) that can work on AXA XL claims across the Globe and also provide value added services to us (such as internal training).
- Lead and support process review and improvement initiatives within the product line, including project management of key initiatives delivered within agreed timescales.
- Depending on future work volumes, the opportunity may arise to work on other lines of business within Claims.
- We have also developed a cross-training program designed to provide team members with the chance to expand their skills and experience across different areas.
- At AXA XL, we believe in fostering a culture of continuous learning and development, and as such, there will be opportunities for training across various teams and expertise domains.
You will report to Regional Claims Practice Leader – Property & Construction/Claims Manager - Property.
What you’ll bring
We’re looking for someone who has these abilities and skills:
- Required Skills and Abilities
- Technical Claims Handling: Significant Property & Construction claims experience, working knowledge of Lloyd’s Claims Principles, Lloyd’s regulations, and the subscription market and knowledge of legal entities and global claims handling in different jurisdictions.
- Capable of overseeing large losses within teams, including provision of authority, team mentoring and reporting of trends.
- Excellent Collaborator: Ability to develop and maintain productive working relationships with claims handlers and managers as well as insureds, brokers, underwriters and legal counsel.
- Providing guidance and seeking input from others as needed to achieve the best result possible.
- Supportive of colleagues/emerging talent: Providing support, encouragement and training to colleagues as required.
- Desired Skills and Abilities
- Critical and Strategic Thinking: Ability to manage resources and pro-active management.
- Ability to take a pre-emptive problem management, solution generation and resolution approach to claims.
- Communication: Ability to convey information in a clear, concise way to team, senior management and peers.
- Act as a leader and ambassador for AXA XL claims through presenting positively and effectively at broker and client events and team meetings and support underwriting teams and partners in connection with claim trends, marketing and business development/retention activities.
- Analytic Skills: Possesses excellent analytical skills and sound judgment.
- Continuous Improvement Focused: Willing to ask questions and explore new ideas. Eager to learn and focused on continuously improving technical skills and AXA XL claims capabilities.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. AXA XL is an Equal Opportunity Employer.
Associate Regional Claims Practice Leader - Property & Construction in Ipswich employer: AXA XL
At AXA XL, we pride ourselves on being an exceptional employer, offering a dynamic work culture that prioritises collaboration, continuous improvement, and professional development. Our Ipswich and London locations provide a vibrant environment where employees can thrive, supported by comprehensive benefits and opportunities for growth across various teams. Join us to be part of a passionate community dedicated to excellence in claims management, where your contributions are valued and rewarded.
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We think this is how you could land Associate Regional Claims Practice Leader - Property & Construction in Ipswich
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We think you need these skills to ace Associate Regional Claims Practice Leader - Property & Construction in Ipswich
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.
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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 AXA XL.
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How to prepare for a job interview at AXA XL
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AXA XL 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 AXA XL, 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 AXA XL'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.