At a Glance
- Tasks: Manage high-value Energy and Marine claims in a dynamic reinsurance environment.
- Company: Join a leading global reinsurance firm with a collaborative culture.
- Benefits: Competitive salary up to £90,000, bonus, pension, and private healthcare.
- Other info: Hybrid working model with travel opportunities to Luxembourg.
- Why this job: Gain global exposure and advance your career in the reinsurance industry.
- Qualifications: 10+ years of experience in handling complex reinsurance claims.
The predicted salary is between 90000 - 90000 £ per year.
Definitive is looking for a highly skilled Senior Claims Handler with expertise in Energy and Marine insurance claims. We are recruiting on behalf of a leading global Reinsurance company for a key position in their London office. If you have extensive experience handling complex claims in Reinsurance, this is a prime opportunity to advance your career.
As a Senior Claims Handler, you will manage high-value claims in the Energy and Marine sectors within the reinsurance business. This hybrid role requires 2-3 days per week in Central London and regular travel to Luxembourg to oversee claims in multiple jurisdictions. The role focuses on delivering efficient and accurate claims management while ensuring compliance with legal and regulatory requirements.
Key Responsibilities:- Assess, investigate, and manage Energy and Marine claims, ensuring all are processed in line with reinsurance policy terms and conditions.
- Handle the complete lifecycle of claims, from notification through to settlement, ensuring timely resolution.
- Liaise with internal stakeholders such as underwriters and actuaries and coordinate with external experts like loss adjusters to ensure seamless claims handling.
- Monitor and track open claims, aiming to minimize the lifecycle of each case.
- Prepare Large Loss Notifications (LLNs) and ensure the accurate and timely booking of significant claims.
- Assist in quarterly and monthly claims reviews, ensuring accurate reserve levels.
- Provide detailed reports on claims trends and offer strategic input into claims management processes.
- A minimum of 10 years' experience handling Energy or Marine, high authority reinsurance claims.
- Excellent experience with litigation and arbitration.
- Proven expertise in managing large, complex claims portfolios within the reinsurance industry.
- Strong proficiency in Microsoft Excel and familiarity with claims management systems (e.g., Synergy2) is preferred.
- Fluency in English is essential, whilst fluency with French is a major plus.
- Ability to travel to Luxembourg regularly and work out of our Central London office 2 to 3 days a week.
- Base Salary: up to £90,000 per annum
- Bonus: 10%
- Pension Contribution: 10%
- Private Healthcare Included
- Flexible Working: Hybrid working model, with travel.
- Global Exposure: Work on high-value, complex claims across Energy and Marine insurance sectors in multiple jurisdictions, including London and Luxembourg.
- Career Progression: Definitive represents a leading global reinsurance firm that values your expertise and offers excellent career development opportunities.
- Competitive Salary and Benefits: Enjoy a competitive salary, bonus, pension contributions, and comprehensive healthcare benefits.
- Dynamic Work Environment: Join a forward-thinking, collaborative reinsurance team where innovation and professional growth are encouraged.
Diversity, Equity, and Inclusion at Definitive: At Definitive, we believe diversity fuels innovation and drives success. We are committed to fostering inclusive environments where all employees feel valued and respected. We welcome applications from candidates of all backgrounds, regardless of race, gender, disability, sexual orientation, or experience.
Senior Claims Handler - Energy, Marine, Reinsurance in London employer: DeFinitive
Definitive is an exceptional employer, offering a dynamic work environment in Central London that fosters innovation and professional growth. With a competitive salary of up to £90,000, comprehensive benefits including a 10% pension contribution and private healthcare, and opportunities for global exposure through travel to Luxembourg, employees are empowered to advance their careers in the reinsurance industry while enjoying a collaborative and inclusive culture.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Handler - Energy, Marine, Reinsurance in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like DeFinitive). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like DeFinitive. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Claims Handler - Energy, Marine, Reinsurance in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at DeFinitive.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at DeFinitive. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at DeFinitive
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at DeFinitive to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at DeFinitive, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding DeFinitive's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.