Claims Specialist, Property

Claims Specialist, Property

Full-Time 50000 - 70000 € / year (est.) No home office possible
Convex Insurance Ltd.

At a Glance

  • Tasks: Handle property claims from start to finish, ensuring excellent client service.
  • Company: Join Convex, a leading insurer focused on innovation and client satisfaction.
  • Benefits: Permanent full-time role with opportunities for growth in a dynamic environment.
  • Other info: Collaborative team culture with a focus on continuous improvement and innovation.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: Experience in property claims and strong communication skills are preferred.

The predicted salary is between 50000 - 70000 € per year.

Focusing on providing excellent client service, the Convex Claims team directly impacts our mission to be the market’s favourite insurer. As such, we are building increasingly efficient processes, making use of relevant technology. As our Property Claims Specialist you will handle claims related to our newly opened direct Property Insurance offering in Bermuda. You will report to the Claims Manager in Bermuda and play a key role in the development of this new book of business from a claims perspective while supporting Claims Specialists on other classes of business. This role is outcome-driven, and combines technical adjusting, account handling as well as commercial and relationship management skills.

Key Responsibilities

  • Handle claims from first notification of loss through to final settlement, including coverage analysis, investigation, evaluation, reserving, and resolution, ensuring alignment with established guidelines, service standards, and regulations.
  • Proactively handle claims to achieve the best indemnity outcomes, balancing efficiency and effectiveness in claim resolution.
  • Align to Convex's claims key performance indicators, governance frameworks, adhering to established procedures and processes.
  • Monitor claims movements, provide advisory insights to the business regarding potential exposures.
  • Take responsibility for data gathering and sharing industry or event knowledge with relevant colleagues.
  • Support the attraction and retention of business by delivering exceptional claims service and contributing to Convex's reputation for service excellence.
  • Ensure great loss outcomes and reserve accuracy through direct intervention on large loss events where required, and identification of loss trends which may impact ranking, reserves or risk selection.
  • Build and sustain relationships with underwriters, brokers and clients and work collaboratively together in addition to liaison with actuaries and data teams internally on loss related matters.
  • Contribute to the preparation of local claims reports and updates, ensuring stakeholders are well-informed on key developments.
  • Assimilate our purpose which enables us to deliver the best claims service experience to clients while meeting all regulatory requirements.
  • Clearly advocate for client service as a brand differentiator and demonstrate behaviours that align to the Convex core values.
  • Assist with the implementation of systems and the development of innovative technology to enhance claims handling capabilities.
  • All team members are expected to work cross class outside of their specialist area where occasionally required. An ambition and willingness to do so is key.

Skills Knowledge and Expertise

  • Demonstrated experience handling property claims in a dynamic, fast-paced environment combined with a keen focus on delivering service excellence is highly preferred.
  • A CPCU designation would be advantageous though not required.
  • A polished and articulate communicator capable of engaging effectively across Stakeholders at all levels.
  • Exceptional negotiation and diplomacy skills, with the ability to mediate and resolve conflicts effectively.
  • Strong analytical and problem-solving skills with the ability to tackle complex challenges and develop practical solutions.
  • Detail-oriented with an exceptional ability to interpret data and assess technical details critically.
  • Proven ability to manage competing demands efficiently, working quickly and effectively in challenging technical situations.
  • Flexible and adaptable to change, thriving in an entrepreneurial setting where collaboration is key.
  • Experience in an innovative yet practical work environment, balancing creativity with the urgency required for timely execution.
  • Demonstrates learning agility and a curious mindset with an appetite to deliver continuous improvement.
  • Proficiency with Microsoft Office (Excel, Word, Power Point).

Claims Specialist, Property employer: Convex Insurance Ltd.

At Convex, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the beautiful location of Hamilton, Bermuda. Our commitment to employee growth is evident through our focus on innovative technology and efficient processes, ensuring that our Claims Specialists not only excel in their roles but also contribute to the development of our new Property Insurance offering. With a culture that values collaboration, service excellence, and continuous improvement, we provide our team with the tools and support needed to thrive both personally and professionally.

Convex Insurance Ltd.

Contact Detail:

Convex Insurance Ltd. Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Specialist, Property

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as someone who genuinely cares about being part of their team.

Tip Number 3

Practice your pitch! Be ready to explain why you're the perfect fit for the Claims Specialist role. Highlight your experience with property claims and your knack for delivering exceptional client service.

Tip Number 4

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

We think you need these skills to ace Claims Specialist, Property

Client Service
Claims Handling
Coverage Analysis
Investigation Skills
Evaluation Skills
Reserving Skills
Resolution Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Claims Specialist role. Highlight your experience with property claims and any relevant skills that match the job description. We want to see how you can bring your unique flair to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about claims handling and how you align with our mission at Convex. Be genuine and let your personality come through – we love that!

Showcase Your Skills:In your application, don’t forget to showcase your analytical and problem-solving skills. Give examples of how you've tackled complex challenges in the past. We’re looking for someone who can think on their feet and adapt to change!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our awesome team at StudySmarter!

How to prepare for a job interview at Convex Insurance Ltd.

Know Your Claims Inside Out

Make sure you brush up on your knowledge of property claims and the specific processes involved. Familiarise yourself with the key responsibilities outlined in the job description, such as coverage analysis and claims resolution. This will help you demonstrate your expertise and show that you're ready to hit the ground running.

Showcase Your Client Service Skills

Since this role is all about providing excellent client service, think of examples from your past experiences where you've gone above and beyond for clients. Be prepared to discuss how you handle difficult situations and maintain strong relationships with stakeholders, as this will highlight your fit for the team.

Prepare for Technical Questions

Expect some technical questions related to claims handling and data analysis. Brush up on your analytical skills and be ready to tackle hypothetical scenarios. Practising how you would approach complex challenges will help you feel more confident during the interview.

Demonstrate Your Adaptability

This role requires flexibility and the ability to thrive in a dynamic environment. Think of instances where you've successfully adapted to change or worked collaboratively across different teams. Sharing these experiences will show that you can handle the entrepreneurial spirit of the company.