Senior Claims Handler Specialty Lines

Senior Claims Handler Specialty Lines

Full-Time 50000 - 60000 £ / year (est.) No home office possible
Gravitas Recruitment Group (Global) Ltd

At a Glance

  • Tasks: Handle and manage 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, flexible working options, and opportunities for professional growth.
  • Other info: Dynamic team environment with opportunities to work on innovative projects.
  • Why this job: Make a real impact by managing complex claims and driving strategic savings.
  • Qualifications: Experience in claims handling and strong negotiation skills required.

The predicted salary is between 50000 - 60000 £ 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 company's 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.

Main Responsibilities

  • 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.
  • Working with TPAs to provide assistance with referrals and cases over delegated authority limits.
  • Effective management of external service providers, ensuring they are acting in the best interests of the company.
  • Identifying and delivering opportunities for claims savings, both on an individual claims and strategic basis.
  • Identification and execution of commutation and buyback opportunities, including the negotiation of deals with counterparties.

Key Skills Required

  • 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.
  • Good negotiation skills, with experience in negotiating with counterparties, including the ability to actively participate in formal mediations, resulting in successful settlements.
  • Strong problem-solving skills with the ability to think critically and adapt.
  • Strong IT capability, with excellent Excel skills and confidence working with claims systems and data.
  • Effective verbal and written communication skills.
  • Ability to develop good working relationships with both internal and external stakeholders.
  • Ability to manage own workload effectively, prioritising where necessary.
  • Adaptability and a flexible, open-minded approach to change.

Senior Claims Handler Specialty Lines employer: Gravitas Recruitment Group (Global) Ltd

As a Senior Claims Handler in our dynamic team, you will thrive in a supportive work culture that prioritises professional development and collaboration. Our commitment to employee growth is reflected in our comprehensive training programmes and opportunities for advancement, all while working in a vibrant location that fosters innovation and teamwork. Join us to make a meaningful impact in the claims handling process, where your expertise will be valued and rewarded.
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

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Claims Handler role.

✨Tip Number 2

Prepare for interviews by brushing up on your negotiation skills and claims handling experience. We recommend practising common interview questions related to Professional Indemnity and Financial Lines claims. Show them you’re the expert they need!

✨Tip Number 3

Don’t forget to showcase your problem-solving abilities! During interviews, share specific examples of how you’ve tackled complex claims or identified trends in portfolios. We want to see how you think critically and adapt to challenges.

✨Tip Number 4

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 company. Let’s get you that Senior Claims Handler position!

We think you need these skills to ace Senior Claims Handler Specialty Lines

Claims Handling Experience
Professional Indemnity Knowledge
Financial Lines Knowledge
Employer's Liability Knowledge
Lloyd's Claims Understanding
Negotiation Skills
Critical Thinking
Problem-Solving Skills
IT Capability
Excel Skills
Claims Systems Proficiency
Verbal Communication Skills
Written Communication Skills
Stakeholder Management
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your claims handling experience, especially in Professional Indemnity and Financial Lines, to show us you’re the right fit for the role.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about claims handling and how your background aligns with our company principles. Share specific examples of your negotiation successes and problem-solving skills to grab our attention!

Showcase Your Technical Knowledge: We want to see your understanding of key terms and conditions in contracts and policies. Mention any relevant qualifications or training that demonstrate your technical expertise in claims handling, particularly in areas like EL and Lloyd’s claims.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows us 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 ability to manage claims effectively.

✨Showcase Your Negotiation Skills

Prepare examples of successful negotiations you've led in the past. Highlight your strategies for achieving timely settlements and how you’ve navigated challenging discussions with counterparties. This will demonstrate your capability to handle claims at a high standard.

✨Demonstrate Problem-Solving Prowess

Think of scenarios where you've had to think critically and adapt to changing circumstances. Be ready to share how you identified risks and developed strategic approaches to achieve claims savings, as this aligns perfectly with the role's requirements.

✨Build Rapport with Stakeholders

During the interview, focus on your ability to develop strong working relationships with both internal and external stakeholders. Share examples of how you've collaborated with TPAs or managed external service providers to ensure the best outcomes for the company.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>