At a Glance
- Tasks: Lead a team managing Energy claims, ensuring effective resolution and continuous improvement.
- Company: Join AXA XL, a leader in the insurance industry with a focus on collaboration and excellence.
- Benefits: Enjoy flexible working arrangements, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with opportunities for travel and networking within the industry.
- Why this job: Make a real impact by driving improvements in claims management and fostering team development.
- Qualifications: Experience in claims management and strong leadership skills are essential.
The predicted salary is between 60750 - 74250 £ 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, fostering collaboration, customer service, and colleague development. 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.
Our Energy claims team manage and resolve claims for our customers, working closely together to bring claims to resolution through interaction and collaboration with the practice leader, underwriting team, brokers, clients, and experts, taking ownership of critical issues relating to claims management.
This role supports the Head of Specialty in managing the UK & Lloyd’s Energy claims portfolio and effectively overseeing direct reports. You’ll lead direct reports to ensure technical and quality service levels are met, manage workload, and actively provide technical oversight and coaching. Drive files to resolution to achieve the best possible outcomes for AXA XL and its clients by resolving and settling claims proactively. Ensure appropriate management and oversight of internal and external relationships with early identification of issues and proactive resolution. You will also be responsible for ensuring portfolio oversight and insights are provided to stakeholders to make better-informed decisions.
In this role, you will collaborate with claims leadership, claims handlers, underwriting counterparts, claims legal, brokers, and clients as required. Maintain necessary reporting and controls as delegated by the Head of Marine & Energy Claims. Drive a culture of continuous improvement and learning within the claims team and actively support short- and long-term improvement initiatives. Demonstrate AXA XL behaviours and values at all times.
Based in London, with a flexible/hybrid working arrangement under AXA XL policy. Occasional travel to broker/client locations and for training or claim reviews may be required.
What you’ll be doing
- Oversee direct report(s) and their processes related to coverage analysis, investigation, evaluation, reserving, and resolution of a book of Energy claims in accordance with established guidelines, service standards, and regulations to meet AXA XL technical and quality service levels.
- Lead and oversee a team of claim adjusters managing Energy claims, ensuring effective coverage analysis, investigation, evaluation, reserving, and resolution in line with AXA XL guidelines, service standards, and regulatory requirements.
- Own the performance, engagement, and development of the team, including goal setting and performance management, managing workload and resource allocation across the direct report(s), considering expertise, claim complexity, workload, and other considerations.
- Technical coaching, succession planning, and the identification and development of high potential talent, fostering a culture of constructive feedback and continuous learning.
- Manage your own portfolio of claims and oversee those of your direct report(s), including trend identification and reporting, oversight of large losses and problem-solving key issues, as well as providing individual claim oversight using a consultative approach, and directly handle highly complex/large loss files, as appropriate.
- Build and maintain strategic relationships with brokers, clients, actuaries, Practice, and underwriters relative to the portfolio, including presenting at new business/renewal pitches, client training seminars, and claim trends.
Claims Manager - Energy in London employer: AXA XL
As a leading global insurance provider, we pride ourselves on fostering a dynamic work culture that prioritises innovation and collaboration. Our employees benefit from comprehensive health plans, robust retirement options, and ample opportunities for professional development, all within a supportive environment that encourages strategic thinking and leadership. Join us in our commitment to excellence in the aerospace sector, where your contributions will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Manager - Energy in London
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We think you need these skills to ace Claims Manager - Energy 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 AXA XL.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AXA XL. 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 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.
✨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 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.