At a Glance
- Tasks: Manage and oversee claims in Professional Indemnity and Financial Lines with a focus on efficiency.
- Company: Join a leading firm known for its commitment to excellence in claims handling.
- Benefits: Competitive salary, professional development opportunities, and a supportive team environment.
- Other info: Dynamic role with opportunities for growth and collaboration on exciting projects.
- Why this job: Make a real impact by driving strategic claims savings and enhancing portfolio management.
- Qualifications: Experience in claims handling, particularly in PI, FI, D&O, and EL.
The predicted salary is between 45000 - 55000 £ per year.
The primary role is to provide technical oversight and to handle claims across Professional Indemnity and Financial Lines, EL and Lloyd’s claims, in line with company claims handling guidelines. This will require close collaboration with the TPA appointed to handle this book, dealing with claims above DA levels and ensuring the portfolio is handled efficiently and effectively in accordance with the companies principles.
You will apply your knowledge and experience to proactively manage claims through to settlement, including negotiation and management of claims matters. Other key elements of this role will include the assessment of risks attached to new deals, and the development and delivery of strategic approaches to achieve claims savings.
- To proactively handle allocated claims to a high standard, including overall assessment of losses and reserves, and negotiation with counterparties to achieve timely settlements.
- To handle claims on behalf of the claims team under the supervision of the Claims Manager.
- To support the Claims Manager with ad-hoc projects across the Department.
- Identifying and reporting new trends or changes in the behaviour of a claims portfolio.
- Assist in the management of complaint cases within regulatory guidelines.
- Identifying and delivering opportunities for claims savings, both on an individual claims and strategic basis.
Good level of claims handling technical experience and knowledge, providing consistently high-quality claims handling. Understanding of PI / FI / D&O / EL / Lloyd’s claims. Good knowledge of key terms and conditions in contracts / policies and general knowledge of key legal position in relevant jurisdictions. Strong IT capability, with excellent Excel skills and confidence working with claims systems and data. Adaptability and a flexible, open-minded approach to change.
Senior Claims Handler Specialty Lines in City of London employer: Gravitas Recruitment Group (Global) Ltd
Contact Detail:
Gravitas Recruitment Group (Global) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims Handler Specialty Lines in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Senior Claims Handler role. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss Professional Indemnity, Financial Lines, and other key areas mentioned in the job description. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Practice your negotiation skills! Since this role involves managing claims and negotiating settlements, being able to demonstrate your ability to handle these situations effectively will set you apart. Role-play with a friend or use online resources to sharpen those skills.
✨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 are proactive and engaged with our platform. Let’s get you that Senior Claims Handler position!
We think you need these skills to ace Senior Claims Handler Specialty Lines in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in handling claims, especially in Professional Indemnity and Financial Lines. We want to see how your skills align with the role, so don’t be shy about showcasing your technical knowledge and any relevant achievements.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Claims Handler role. Mention specific examples of how you've managed claims effectively and any strategic approaches you've developed that led to savings.
Showcase Your IT Skills: Since strong IT capability is key for this role, make sure to highlight your Excel skills and experience with claims systems in your application. We love candidates who are confident with data, so don’t hold back on sharing your tech-savvy side!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Gravitas Recruitment Group (Global) Ltd
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Professional Indemnity, Financial Lines, and other relevant claims. Be ready to discuss specific cases you've handled and how you approached them, as this will show your technical expertise and understanding of the role.
✨Showcase Your Negotiation Skills
Prepare examples of successful negotiations you've led in the past. Highlight how you managed to achieve timely settlements and what strategies you used to assess risks and deliver claims savings. This will demonstrate your proactive approach and ability to handle complex claims.
✨Familiarise Yourself with Company Principles
Research the company's claims handling guidelines and principles. During the interview, relate your experience to these principles, showing how you can align your work with their expectations and contribute to their goals.
✨Be Ready for Change
Given the dynamic nature of claims handling, be prepared to discuss how you've adapted to changes in previous roles. Share examples of how you've identified trends or changes in claims behaviour and how you’ve successfully managed those challenges.