Global Head, Casualty & Financial Lines Claims
Global Head, Casualty & Financial Lines Claims

Global Head, Casualty & Financial Lines Claims

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

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, health cover, and a supportive work environment.
  • Why this job: Make a real impact in a dynamic role while driving continuous improvement and collaboration.
  • Qualifications: Proven expertise in claims management and strong leadership skills required.
  • Other info: Be part of a diverse team committed to inclusivity 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.

Global Head, Casualty & Financial Lines Claims employer: Canopius

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 extensive development opportunities, ensuring our team members thrive both personally and professionally. Join us to be part of a collaborative culture that values your unique contributions and drives continuous improvement in the insurance industry.
Canopius

Contact Detail:

Canopius Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Global Head, Casualty & Financial Lines Claims

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work at Canopius or similar firms. A friendly chat can open doors and give you insider info on the role.

✨Tip Number 2

Prepare for interviews by diving deep into the specifics of Casualty and Financial Lines claims. Brush up on recent trends and challenges in the market so you can impress with your knowledge.

✨Tip Number 3

Showcase your leadership skills! Be ready to discuss how you've inspired teams and driven change in previous roles. We want to see that you can motivate and develop a high-performing team.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re serious about joining our team.

We think you need these skills to ace Global Head, Casualty & 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 Mindset
Industry Qualifications (e.g., ACII, ARe, AIC)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the role of Global Head, Casualty & Financial Lines Claims. Highlight your relevant experience in managing claims portfolios and leading teams, as well as any specific expertise in casualty and financial lines.

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share your passion for claims management and how your leadership style aligns with our culture of continuous improvement and collaboration.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use metrics and examples to demonstrate how you've driven excellent claim outcomes and improved processes in your previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at Canopius

✨Know Your Claims Inside Out

Make sure you brush up on your knowledge of Casualty and Financial Lines claims. Understand the nuances of General Liability, Management Liability, and Professional Indemnity. Being able to discuss specific cases or trends in these areas will show that you're not just familiar with the role but are genuinely passionate about it.

✨Showcase Your Leadership Skills

As a potential Head of Claims, it's crucial to demonstrate your ability to lead and inspire a team. Prepare examples of how you've motivated teams in the past, especially during challenging times. Highlight your experience in mentoring and developing talent, as this is key to fostering a high-performing claims team.

✨Prepare for Strategic Discussions

Expect to engage in conversations about the global claims strategy and how you can contribute to it. Think about how you would approach driving continuous improvement and collaboration within the claims function. Be ready to share your ideas on enhancing efficiencies and transforming claims into a value-adding capability.

✨Build Relationships with Stakeholders

Since stakeholder engagement is vital, come prepared with strategies for building and maintaining positive relationships with brokers, underwriters, and other key players. Discuss how you would facilitate effective communication across global teams and ensure everyone is aligned with the claims strategy.

Global Head, Casualty & Financial Lines Claims
Canopius

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