Head of Casualty and Financial Lines Claims
Head of Casualty and Financial Lines Claims

Head of Casualty and Financial Lines Claims

Full-Time 80000 - 100000 £ / year (est.) No home office possible
Canopius Group

At a Glance

  • Tasks: Lead and manage Casualty and Financial Lines claims, ensuring timely and fair evaluations.
  • Company: Join Canopius, a leading global specialty lines (re)insurer with a positive culture.
  • Benefits: Enjoy hybrid working, competitive salary, pension, health insurance, and more.
  • Why this job: Be a key player in shaping claims strategy and driving continuous improvement.
  • Qualifications: Proven expertise in claims management and strong leadership skills required.
  • Other info: Work in a dynamic environment with opportunities for personal and professional growth.

The predicted salary is between 80000 - 100000 £ per year.

The Head of Casualty and Financial Lines claims will proactively manage the portfolio, comprising General Liability, Management Liability, Professional Indemnity and Medical malpractice/healthcare claims. The role is primarily responsible for the oversight of all Casualty and Financial Lines claims adjustment in the UK, ensuring high-quality, timely, and fair evaluation and settlement of claims. The role will also sit on the global Claims Leadership Team and act as a global lead for Casualty and Financial Lines claims, acting as a technical expert and driving consistency across the regions. The postholder will work closely with the Claims Leadership Team in setting and delivering the claims strategy and will play a critical part in driving a culture of continuous improvement, collaboration, and customer excellence within the claims function.

Responsibilities

  • Portfolio Management: Lead and manage all aspects of the UK Casualty and Financial Lines claims portfolio. Ensure timely, accurate assessment and fair settlement of claims, maintaining close control over high-profile, complex, and catastrophe losses. As global lead, you will set and oversee international practices, ensuring alignment with global standards. Drive excellent claim outcomes and monitor results, ensuring that the portfolio is appropriately reserved at all times. Act as the referral point for Casualty and Financial Lines claims and to have in place an effective process ensuring that potentially significant claims or claims issues are escalated to the Group Chief Claims Officer, UK Head of Claims or other impacted teams, as appropriate. Monitor the profitability of the accounts by reviewing the actual versus expected and provide meaningful input into claims MI reports, monthly tracking meetings and quarterly reserving meetings and to flag areas of the claims portfolio that are underperforming to underwriters, actuaries and management.
  • Team Leadership and Development: Inspire stakeholder engagement and empower a high‑performing claims team. Ensure that your team is adequately resourced and pro‑actively seek to attract high calibre talent, where necessary. Set clear goals, objectives and expectations, and review progress against them. Motivate and mentor your team, ensuring that they have the requisite skills, knowledge and experience through ongoing training and development. Promote a culture of continuous improvement, collaboration, and accountability.
  • Strategic oversight: Support the Chief Claims Officer and UK Head of Claims in the development and implementation of the global claims strategy. Provide strategic oversight and guidance, leveraging expertise to influence key decisions and drive business growth on a global scale.
  • Projects and Change: Shape initiatives and lead strategic projects to improve efficiencies and support the continuous evolution of the claims capability. Guiding the team through change to successfully transform Claims into a value adding, high performing capability.
  • Proactive management of delegated claims arrangements: Oversee delegated claims to ensure consistent and effective delivery of service to our customers.
  • Stakeholder Engagement: Build and maintain positive, collaborative relationships with internal and external stakeholders, including brokers, coverholders, DCAs, underwriters, actuaries, brokers, finance, and outwards reinsurance. Act as an escalation point for Casualty and Financial Lines claims matters globally.
  • Collaboration and Influence: Facilitate effective communication and information sharing with global claims teams, including the US and APAC offices. Provide regular, high‑quality claims reporting, including significant developments and large loss movements, and contribute to global claims forums.
  • Compliance and Governance: Ensure all claims activities adhere to internal processes and procedures, ensuring that each member of your team acts in accordance with the Claims Manual and their claims authority limits.
  • Market Representation: Represent Canopius at market events, building a network of peer contacts and keeping abreast of market developments and industry best practices. Share market intelligence internally to inform underwriting and claims strategies.

Skills

  • Proven technical expertise in Casualty and Financial Lines claims, with strong knowledge of market trends, contractual terms, and the evolving risk landscape.
  • Demonstrated ability to manage and develop a team.
  • Experience of the US litigation landscape highly advantageous.
  • Experience in the London market is highly advantageous; knowledge of Lloyd’s preferred.
  • Excellent communication and interpersonal skills, with the ability to represent Canopius professionally and build influential relationships at all levels.
  • Strong commitment to customer service, accountability, and driving and implementing change.
  • Recognised industry qualification (e.g., ACII, ARe, AIC) preferred.

Competencies

  • Accountability and Proactivity: Take ownership for outcomes, act with integrity, and proactively address challenges and opportunities.
  • Resilience: Demonstrate the ability to cope with and recover from setbacks or challenges, persevering under pressure and emerging stronger.
  • Inclusivity: Champion a culture where all voices are heard, valued, and respected, supporting the unique contributions of every team member and stakeholder.
  • Teamwork: Work effectively across global teams, building cohesive relationships and leveraging collective strengths to achieve shared goals. Foster a positive, inclusive team culture.
  • Continuous Improvement and change: Drive a culture of practical innovation, regularly analysing business requirements and identifying strategies to improve claims outcomes and processes. Support the team through organisational change in processes, systems, and strategy.

Our Benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non‑contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected. We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio‑economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.

Head of Casualty and Financial Lines Claims employer: Canopius Group

Canopius is an exceptional employer, offering a dynamic work environment in the heart of London that promotes flexibility and inclusivity. With a strong focus on employee wellbeing, we provide a comprehensive benefits package, including hybrid working options, competitive salaries, and ongoing professional development opportunities. Our culture encourages collaboration and continuous improvement, making it an ideal place for talented individuals to thrive and contribute to our global success in the insurance market.
Canopius Group

Contact Detail:

Canopius Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Casualty and Financial Lines Claims

✨Tip Number 1

Network like a pro! Get out there and connect with industry folks, attend events, and join online forums. The more people you know, the better your chances of landing that Head of Casualty and Financial Lines Claims role.

✨Tip Number 2

Show off your expertise! When you get the chance to chat with potential employers, make sure to highlight your technical knowledge in Casualty and Financial Lines claims. Share insights on market trends and how you can drive consistency across regions.

✨Tip Number 3

Prepare for interviews by practising common questions related to claims management and team leadership. Think about examples from your past experiences that showcase your ability to inspire teams and drive continuous improvement.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company.

We think you need these skills to ace Head of Casualty and Financial Lines Claims

Technical Expertise in Casualty and Financial Lines Claims
Knowledge of Market Trends
Understanding of Contractual Terms
Experience with US Litigation Landscape
Experience in the London Market
Excellent Communication Skills
Interpersonal Skills
Customer Service Orientation
Team Management and Development
Strategic Oversight
Project Management
Stakeholder Engagement
Change Management
Continuous Improvement
Collaboration Skills

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in Casualty and Financial Lines claims. We want to see how your skills align with the role, so don’t hold back on showcasing your expertise!

Showcase Your Leadership Skills: As a Head of Claims, you'll be leading a team, so it's crucial to demonstrate your leadership abilities. Share examples of how you've inspired teams or driven change in previous roles. We love seeing candidates who can motivate and mentor others!

Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon where possible. We appreciate candidates who can communicate effectively, especially in a role that involves collaboration with various stakeholders.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Canopius Group

✨Know Your Claims Inside Out

Make sure you have a solid understanding of Casualty and Financial Lines claims, including General Liability, Management Liability, and Professional Indemnity. Brush up on recent market trends and case studies to demonstrate your expertise during the interview.

✨Showcase Your Leadership Skills

Prepare examples that highlight your experience in team leadership and development. Be ready to discuss how you've motivated teams, set clear goals, and driven a culture of continuous improvement in previous roles.

✨Be Ready for Strategic Discussions

Since this role involves strategic oversight, think about how you would contribute to the global claims strategy. Prepare to discuss your approach to driving business growth and improving efficiencies within the claims function.

✨Engage with Stakeholders

Demonstrate your ability to build and maintain relationships with various stakeholders. Have examples ready that show how you've effectively communicated and collaborated with internal teams and external partners in past roles.

Head of Casualty and Financial Lines Claims
Canopius Group

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