At a Glance
- Tasks: Evaluate and enhance global insurance claims processes using data analytics.
- Company: Join Everest, a global leader in risk management with a rich heritage.
- Benefits: Competitive salary, health insurance, wellness programs, and generous PTO.
- Why this job: Make a real impact on global claims while developing your career.
- Qualifications: 3+ years in insurance audit, strong analytical and project management skills.
- Other info: Flexible work options and a commitment to inclusivity.
The predicted salary is between 108000 - 132000 £ per year.
About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
Job Summary: As a member of the Global Claims Quality Assurance and Controls team within Everest Insurance, the role of this position is to evaluate, develop, and maintain a robust risk and control framework within global insurance claims, leveraging data analytics to enhance insights and decision-making, while also managing related projects. This position can be based in our offices in London, UK or Warren, NJ. Remote consideration will be given to ideal candidates.
Responsibilities:
- Demonstrate an in-depth knowledge of claims operations and strategy, including financial and performance metrics, as well as the relevant regulatory landscape.
- Develop and maintain Risk Control Matrices and Claims Process Narratives for each region within Global Claims to support a consistent and effective internal control framework.
- Drive continuous improvement across systems, business processes, and operations by identifying enhancement opportunities and partnering with management to implement solutions—occasionally leading strategic projects to ensure successful execution.
- Build strong relationships with key process owners and stakeholders across the organization, fostering trust and collaboration. Champion the importance of a strong first line of defense within the claims function.
- Use data and analytics to contribute to greater efficiency in the execution of audits, control testing and greater insights into risk assessments.
Operational Expectations:
- Conduct control testing to evaluate process effectiveness, document findings, identify risks or non-compliance, and support remediation with stakeholders.
- Conduct periodic meetings/walkthroughs with process owners to ensure any changes to processes are made and controls are properly assessed for design effectiveness.
- Serve as point of contact for control audits, ensuring timely delivery and alignment with audit expectations. Support coordination of management responses and remediation plans.
- Collaborate with data teams to design, enhance, and maintain control reports and dashboards that support effective testing and monitoring of control execution.
- Collaborate with IT and Claims Operations to implement a centralized tool for storing and accessing control evidence, testing results, attestations, and reporting metrics.
- Consistently execute assigned tasks and meet performance metrics aligned with organizational OKRs and KPIs.
- Obtain, catalogue, manage, and retain internal control evidences in a structured manner, ensuring easy retrieval and effective version control.
- Lead and manage assigned projects by coordinating timelines, resources, and stakeholder communications to ensure successful execution and alignment with business objectives.
- Ensure timely and clear communication of results to relevant teams and leadership.
People Expectations:
- Demonstrates a high level of initiative and independence, consistently taking ownership of responsibilities without the need for close supervision. Trusted to manage tasks effectively and drive progress, including those delegated by leadership.
- Must be able to manage multiple concurrent projects with competing priorities, effectively leveraging experience to optimize efficiency. Flexibility to work outside standard hours may be required during urgent or high-pressure situations.
- Use technology tools to automate and streamline work in a fast-paced environment.
- Demonstrate curiosity and persistence in learning operational processes by asking questions, exploring workflows, identifying pain points, and validating information through collaboration and documentation.
- Strong communication skills with the ability to collaborate across teams-Claims, Finance, Compliance, Internal Audit, and others-to build consensus.
- Adapt communication and management style to effectively engage diverse, global stakeholders.
Job Requirements:
- Minimum of 3 years of audit experience in the insurance industry, with a strong understanding of claims processes and internal controls.
- Strategic thinker, innovative and solution-oriented.
- Ability to work independently on assignments of moderate to high complexity.
- Project management and data analysis experience.
- Ability to adapt and embrace change, and to remain effective during unexpected events.
- Ability to work cross-functionally to resolve business issues.
- Strong interpersonal skills and demonstrate respect for the opinions of others.
- Must be proficient in Excel, MS Office and general computer applications.
- Willingness to work across global time zones, including outside standard business hours as needed, and travel domestically and internationally up to 10%.
The base salary range for this position is $152,000 - $190,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).
What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture: At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits.
AVP, Global Claims Controls & Programs in London employer: Everest
Contact Detail:
Everest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Global Claims Controls & Programs in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Everest or similar companies. A friendly chat can open doors and give you insider info about the role.
✨Tip Number 2
Prepare for the interview by diving deep into Everest's values and culture. Show us how your experience aligns with our mission of providing protection and creating sustainable value. We love candidates who resonate with our ethos!
✨Tip Number 3
Practice your storytelling skills! Be ready to share specific examples of how you've tackled challenges in claims operations or project management. We want to hear about your successes and how you can bring that to our team.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows us you're genuinely interested in the role and appreciate the opportunity to connect.
We think you need these skills to ace AVP, Global Claims Controls & Programs in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the AVP, Global Claims Controls & Programs role. Highlight your experience in claims operations and any relevant projects you've led. We want to see how your skills align 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 excited about this role at Everest and how your background makes you a perfect fit. We love seeing genuine enthusiasm and a clear connection to our values.
Showcase Your Data Skills: Since this role involves leveraging data analytics, be sure to highlight any experience you have with data analysis and reporting. We’re keen on candidates who can use data to drive insights and improve processes.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re serious about joining our team at Everest.
How to prepare for a job interview at Everest
✨Know Your Claims Inside Out
Before the interview, dive deep into claims operations and strategy. Familiarise yourself with financial and performance metrics relevant to the role. This will not only show your expertise but also demonstrate your genuine interest in the position.
✨Showcase Your Data Skills
Since this role involves leveraging data analytics, be prepared to discuss your experience with data analysis and how you've used it to enhance decision-making in past roles. Bring examples of control reports or dashboards you've worked on to illustrate your capabilities.
✨Build Relationships, Even Virtually
Emphasise your ability to build strong relationships with stakeholders. Prepare to share examples of how you've fostered collaboration in previous roles, especially in cross-functional teams. This is crucial for a role that requires working closely with various departments.
✨Be Ready for Project Management Questions
Expect questions about your project management experience. Be ready to discuss specific projects you've led, how you coordinated timelines and resources, and how you ensured successful execution. Highlight your ability to manage multiple priorities effectively.