At a Glance
- Tasks: Lead the development of claims governance frameworks and ensure compliance with regulations.
- Company: Join Great Lakes Insurance, a key player in the insurance industry with a focus on innovation.
- Benefits: Enjoy a competitive salary, bonus, 25 days leave, and generous family leave policy.
- Other info: Flexible work culture with opportunities for professional growth and development.
- Why this job: Make a real impact in the insurance sector while enhancing your career in a supportive environment.
- Qualifications: Experience in claims oversight and strong understanding of UK insurance regulations required.
The predicted salary is between 60000 - 75000 £ per year.
Together, we engage with everything we have and are, to help humankind act braver and better.
About Great Lakes Insurance SE
As a specialty provider of primary insurance services in the UK, Great Lakes London Branch ("GLLB") is a substantial part of Great Lakes Insurance SE in Munich.
Our interlocked business model seeks opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group.
Great Lakes Insurance SE operates from its headquarters in Munich and via branch offices in the UK, Ireland, Switzerland, Italy and Australia.
Great Lakes Insurance UK Limited ("GLLS"), regulated by the Prudential Regulation Authority and the Financial Conduct Authority, is a fully owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency insurance business in the UK in the post‑Brexit world.
About the role
The primary objective of this role is to establish, maintain, and continuously enhance a robust claims governance and oversight framework for Delegated Authorities in the UK, ensuring compliance with internal guidelines, business unit standards, and regulatory requirements, while delivering good customer outcomes through effective claims governance.
This role is responsible for ensuring that claims governance standards, oversight processes, procedures, work instructions, controls, and reporting requirements are clearly defined, effectively implemented, and consistently adhered to.
It also supports the development of global governance standards in close collaboration with the Great Lakes Germany governance team and GSI Claims Governance, ensuring that all claims activity written on GLLS paper is aligned with the required governance framework, internal standards, and regulatory expectations.
Key Responsibilities
- Own the development, maintenance, and continuous enhancement of the Claims Governance framework, standards, processes, procedures, work instructions, reporting, and governance strategy for Delegated Authorities in the UK.
- Ensure effective implementation of governance requirements through robust controls, workflows, and oversight practices across Delegated Authorities claims handling.
- Deliver claims regulatory, governance, and compliance initiatives, including the implementation of new requirements, remediation activities, and governance improvements.
- Develop and maintain governance reporting frameworks and supporting IT tools for management, Board, and regulatory oversight, enabling effective monitoring, escalation, and decision‑making.
- Maintain the governance and control framework for delegated claims authority, ensuring delegated claims handling operates within approved authority, governance standards, and regulatory requirements.
- Contribute to Board of Management reporting by providing clear, accurate, and timely claims governance input, analysis, and updates to support effective oversight, decision‑making, and regulatory compliance.
- Identify, assess, monitor, and mitigate conduct, reputational, and operational risks arising from primary insurance claims handling in the UK.
- Work closely with the Great Lakes Germany Claims Governance team and GSI Claims Governance to help define and maintain global claims governance standards and ensure that all claims activity written on GLLS paper adheres to the required governance framework, internal standards, and regulatory expectations.
- Establish and maintain governance standards for outsourced claims services in the UK, aligned with Munich Re global and local requirements and relevant regulatory requirements, including oversight expectations for external claims service providers.
- Provide expert guidance, advice, and training to senior management and relevant stakeholders on claims governance matters, regulatory developments, and their business implications.
- Undertake any additional responsibilities reasonably required to support effective claims governance, regulatory compliance, and the delivery of high‑quality claims services in the UK.
Key Skills & Experience
- Strong experience in Delegated Authorities claims oversight within a regulated insurance environment, including delegated authority controls, performance monitoring, and service provider governance.
- Strong understanding of the UK insurance regulatory environment and claims‑related legal, conduct, and compliance requirements.
- Proven experience in designing, implementing, and enhancing governance frameworks, controls, and oversight models within a regulated insurance environment.
- Experience in primary insurance claims operations across multiple lines of business, with strong understanding of claims performance, service delivery, and customer outcomes.
- Excellent communication and stakeholder management skills, with experience preparing clear, concise, and decision‑focused reporting for senior management, Boards, and governance forums.
- Experience in delivering regulatory change, remediation actions, and governance improvements in response to audits, internal reviews, or regulatory requirements.
- Experience working with audit, assurance, and control functions, including tracking findings, managing remediation actions, and driving governance improvements to closure.
- Experience drafting and maintaining policies, procedures, work instructions, and governance documentation to a high professional standard.
- Strong analytical skills and a constructive challenge mindset, with the ability to identify control gaps, assess governance risks, and drive practical, sustainable improvements.
Desired Qualifications and Educational Background
- University degree or equivalent work experience required.
Regulatory & Conduct Requirements
- Ensuring compliance with applicable UK regulatory requirements relevant to claims handling and Delegated Authorities oversight, including FCA and PRA expectations.
- Supporting compliance with the Insurance Distribution Directive, Munich Re’s Code of Conduct, and the FCA Conduct Rules.
- Satisying all claims‑related regulatory reporting requirements in collaboration with the reporting function and other relevant control functions.
- Supporting regulatory reviews, enquiries, and interactions by coordinating accurate, timely, and well‑governed claims input.
Benefits
You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%.
We are one of the few employers to offer fully paid 6‑month family leave for times when you need it the most.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process.
You can request an adjustment by speaking to your Talent Acquisition contact.
Please note application closing date: 19th June 2026.
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Claims Governance Manager in London employer: Great Lakes Insurance SE
Great Lakes Insurance SE is an exceptional employer, offering a dynamic work culture that prioritises innovation and collaboration within the insurance sector. Located in the UK, employees benefit from a comprehensive compensation package, including a generous 25 days of annual leave, private medical insurance, and a contributory pension plan, alongside unique offerings like fully paid 6-month family leave. With a strong focus on employee growth and development, team members are encouraged to engage in meaningful work that contributes to both personal and professional advancement.
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We think you need these skills to ace Claims Governance Manager 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.
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How to prepare for a job interview at Great Lakes Insurance SE
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Great Lakes Insurance SE to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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Understanding Great Lakes Insurance SE'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.