At a Glance
- Tasks: Lead and manage Casualty claims, providing expert insights and mentoring team members.
- Company: Highly regarded Lloyd’s Syndicate with a strong reputation in the industry.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Other info: Dynamic role with opportunities for career growth and travel to client events.
- Why this job: Make a real impact in the financial sector while building strong relationships.
- Qualifications: 10+ years of experience in managing Casualty claims and strong relationship-building skills.
The predicted salary is between 80000 - 100000 £ per year.
We are recruiting for a Technical Claims Lead - Financial Institutions, D&O & Transactional Liability on behalf of a highly regarded Lloyd’s Syndicate. The successful candidate will be responsible for a portfolio of all Casualty Claims via referral and directly.
Key Responsibilities
- Managing claims within authority for all Casualty classes.
- Providing specialist knowledge to clients and business to develop better decisions and to help clients prevent and mitigate losses.
- Mentoring personnel handling claims arising from responsible line of business from FNOL to settlement.
- Supporting Head of Claims - Casualty to actively monitor portfolio of claims and data to ensure that early, best estimate reserves are in place, that claims financials are regularly validated and that valid claims are settled promptly with a tight control of costs throughout their lifecycle.
- Providing Claims thought leadership and 'lead indicator' insights.
- Working together with underwriters to create a compelling proposition to attract and retain desired business.
- Building strong relationships with broker partners.
- Understanding all requirements around delegated claims procedures and oversight.
Key Requirements
- Proven (c. 10+ years') lead experience in managing all Casualty claims globally, including strong relationships with relevant experts, brokers and co-insurers.
- Degree / CII or similar professional qualification is desirable.
- Firm understanding of key principles and practices of London Market.
- London Market Claims System and Microsoft Office knowledge e.g. ECF, Excel.
- Account / portfolio management experience.
- Has strong ability to build trust and manage relationships with external and internal stakeholders.
- Proven sound judgement and decision-making capability under time-pressure.
- Ability to break down complex issues and spot trends, patterns and interdependencies.
- Willingness to travel and attend client events.
We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information.
Technical Lead - Claims - Financial Lines in London employer: Claims Recruitment Services
Contact Detail:
Claims Recruitment Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Lead - Claims - Financial Lines in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work with Lloyd’s Syndicates. A friendly chat can lead to insider info about job openings that might not even be advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and claims management experience. Be ready to discuss specific cases where you’ve successfully managed casualty claims and how you’ve built relationships with brokers and co-insurers.
✨Tip Number 3
Showcase your thought leadership! Bring examples of how you've provided insights or 'lead indicators' in past roles. This will demonstrate your ability to contribute to the team and help clients mitigate losses effectively.
✨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 take the initiative to engage directly with us.
We think you need these skills to ace Technical Lead - Claims - Financial Lines in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Technical Claims Lead role. Highlight your experience in managing Casualty claims and any relevant qualifications. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your achievements in claims management and how you’ve built strong relationships in the industry.
Showcase Your Expertise: Don’t hold back on showcasing your expertise in the London Market and claims systems. We’re looking for someone with a solid understanding of these areas, so make sure to mention any relevant tools or systems you’ve used.
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 keep track of it. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Claims Recruitment Services
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Casualty claims, especially in the context of Financial Institutions and D&O. Be ready to discuss specific cases you've managed and how you approached them, as this will show your expertise and experience.
✨Showcase Your Relationship-Building Skills
Since building strong relationships with brokers and stakeholders is key, prepare examples of how you've successfully managed these relationships in the past. Highlight any strategies you've used to foster trust and collaboration.
✨Demonstrate Your Analytical Skills
Be prepared to discuss how you've identified trends and patterns in claims data. Think of specific instances where your analytical skills led to better decision-making or cost control, as this will showcase your ability to handle complex issues.
✨Prepare for Scenario-Based Questions
Expect questions that put you in hypothetical situations related to claims management. Practice articulating your thought process and decision-making under pressure, as this will demonstrate your sound judgement and capability in real-world scenarios.