Claims Manager

Claims Manager

London Full-Time 48000 - 84000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a dynamic claims team and manage complex claims in a fast-paced environment.
  • Company: Join Canopius, a top Lloyd’s of London insurer with a global presence.
  • Benefits: Enjoy hybrid working, competitive salary, health insurance, and a supportive workplace culture.
  • Why this job: Be part of a collaborative team that values innovation and customer excellence.
  • Qualifications: Experience in claims management and knowledge of D&F property and heavy industry markets required.
  • Other info: We promote diversity and welcome applicants from all backgrounds.

The predicted salary is between 48000 - 84000 ÂŁ per year.

Overview

Canopius specialises in providing D&F property, heavy industry insurance and construction policies to a wide range of customers. We have an exciting opportunity for an individual to join the D&F/ Heavy Industry claims team as a Claims Manager. We are looking to recruit a motivated and skilled individual who is dedicated to open market international property business. This is a great opportunity to manage a team of passionate claims adjusters at a top Lloyd’s of London syndicate with global operations.

Responsibilities

The Claims Manager will need to proactively manage the claims team in all aspects: day to day workload, career progression and technical oversight of delegated claims authority holders (DCAs). The team comprises two senior adjusters, two adjusters and two claims apprentices. The Claims Manager has responsibility for managing the D&F/ Heavy Industry portfolio whilst additionally handling their own claims, which have complex characteristics such as extra contractual bad faith and complex placement arrangements.

A key component of this role is catastrophe claims management and the ability to manage claims surges post catastrophe events. As the claims manager, you will be asked to support the business by providing catastrophe ultimate figures, catastrophe claims plan compliance and recommending catastrophe claims best practices.

Outside of the Claims function, the Claims Manager will be expected to collaborate closely with key stakeholders; actuarial team, risk, reinsurance & compliance, complaints and the delegated management team. There will be opportunities to assist with developing the business, including fostering relationships with our brokers, coverholders, external vendors, and insureds.

Throughout all these activities, the Claims Manager will act in accordance with, drive, and further the aims set out in the claims vision: “to continually push the boundaries of customer excellence through an empowered, collaborative and innovative approach to claims; to be the envy of the market”, whilst always demonstrating and upholding the Canopius claims values. The Claims Manager will be expected to support the Head of Property & Casualty Claims, Head of UK Claims and other senior leaders in the implementation of the claims strategy; working collaboratively across the global claims team.

Responsibilities

  • You will monitor the profitability of the accounts in your portfolio, by reviewing the actual versus expected results and ensure that there is meaningful claims input into monthly tracking meetings and quarterly reserving meetings, and to flag areas of the claims portfolio that are underperforming to underwriters, actuaries and management.
  • You will demonstrate and ensure effective, appropriate and meaningful collaboration between you and your team, and key internal customers within Canopius (underwriting, actuarial, complaints, outwards reinsurance, finance, senior management, catastrophe management, risk, compliance, operations, HR and all other stakeholders).
  • You will proactively develop and maintain relationships, and drive and oversee your team’s relationships, with key external customers (key brokers, external vendors, and where relevant, coverholders and insureds) and to ensure regular interaction with them, seeking feedback on your team’s performance.

Skills And Experience

  • Lloyd’s Claims Lead Arrangements and related claims handling systems
  • Coverholder & delegated claims authority holders (DCAs) management and oversight
  • A proven track record of effective management of claims demonstrating a high level of technical competency.
  • Knowledge of key issues affecting the D&F property, Heavy Industry and Construction claims market.

Our Benefits

ABOUT US

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.

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Claims Manager employer: Canopius

Canopius is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. As a Claims Manager, you will lead a passionate team while enjoying a comprehensive benefits package that prioritises your wellbeing, including hybrid working options and a focus on career progression. Join us to be part of a culture that values diversity and empowers employees to excel in their roles, all while contributing to a leading Lloyd’s of London syndicate.
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Contact Detail:

Canopius Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Claims Manager

✨Tip Number 1

Familiarise yourself with the specific claims handling systems used in Lloyd's Claims Lead Arrangements. Understanding these systems will not only enhance your technical competency but also demonstrate your readiness to manage the D&F/Heavy Industry portfolio effectively.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those involved in D&F property and heavy industry claims. Building relationships with brokers and coverholders can provide you with valuable insights and potentially lead to referrals for the Claims Manager position.

✨Tip Number 3

Stay updated on current trends and challenges in the D&F property and heavy industry markets. Being knowledgeable about these issues will allow you to engage in meaningful discussions during interviews and showcase your expertise in managing complex claims.

✨Tip Number 4

Prepare to discuss your experience in managing teams and handling catastrophe claims. Highlighting your leadership skills and ability to navigate claims surges will be crucial in demonstrating that you can effectively support the claims strategy at Canopius.

We think you need these skills to ace Claims Manager

Claims Management
Technical Competency in D&F Property and Heavy Industry
Experience with Lloyd’s Claims Lead Arrangements
Delegated Claims Authority Oversight
Catastrophe Claims Management
Stakeholder Collaboration
Relationship Management with Brokers and Vendors
Analytical Skills for Portfolio Profitability Monitoring
Effective Communication Skills
Problem-Solving Skills
Team Leadership and Development
Knowledge of Compliance and Risk Management
Adaptability to Handle Claims Surges
Business Development Acumen

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Claims Manager at Canopius. Familiarise yourself with their claims vision and values to align your application with their expectations.

Tailor Your CV: Highlight your relevant experience in claims management, particularly within Lloyd's Claims Lead Arrangements. Emphasise your technical competencies and any experience with D&F property, Heavy Industry, or Construction claims.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for claims management and your ability to lead a team. Mention specific examples of how you've successfully managed complex claims or improved team performance in previous roles.

Showcase Collaboration Skills: Since the role involves working closely with various stakeholders, include examples in your application that demonstrate your ability to collaborate effectively across teams and manage relationships with external partners.

How to prepare for a job interview at Canopius

✨Understand the Claims Landscape

Familiarise yourself with the D&F property, heavy industry, and construction claims markets. Be prepared to discuss recent trends and challenges in these areas, as well as how they might impact Canopius's operations.

✨Showcase Your Leadership Skills

As a Claims Manager, you'll be leading a team. Highlight your experience in managing teams, mentoring staff, and fostering a collaborative environment. Prepare examples of how you've successfully managed workloads and supported career progression for your team members.

✨Prepare for Technical Questions

Expect questions that assess your technical competency in claims management, particularly regarding Lloyd’s Claims Lead Arrangements and handling complex claims. Brush up on your knowledge of extra contractual bad faith and catastrophe claims management.

✨Demonstrate Stakeholder Collaboration

Canopius values collaboration across various teams. Be ready to discuss how you've effectively worked with stakeholders such as underwriters, actuaries, and external vendors. Share specific examples of how you’ve built relationships and improved communication in past roles.

Claims Manager
Canopius
Location: London

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