Claims Underwriter, Property in London

Claims Underwriter, Property in London

London Temporary 50000 - 60000 € / year (est.) No home office possible
H

At a Glance

  • Tasks: Handle property claims and mentor junior underwriters in a dynamic environment.
  • Company: Join Hamilton Global Specialty, a vibrant and inclusive workplace in London.
  • Benefits: Enjoy a supportive culture, career growth, and the chance to make an impact.
  • Other info: Embrace individuality and diverse perspectives in your work.
  • Why this job: Be part of a collaborative team and shape the future of property claims.
  • Qualifications: Experience in property claims and strong analytical skills required.

The predicted salary is between 50000 - 60000 € per year.

We’re looking for a Property Claims Underwriter - 12 month FTC. Based in London and reporting to the Head of Property and Inwards Reinsurance Claims, Hamilton Global Specialty, this role will be responsible for claims handling of the Property and Inwards Reinsurance Claims portfolio – in particular the Property Binders and D&F books, but also other classes of business as required from time to time.

What you will do:

  • To adjust claims within the Claims Authority in accordance with Hamilton’s Claims Philosophy and Claims Protocols and Lloyd’s Claims Principles and sub-principles.
  • To be responsible for the handling of the Property Binder claims and to assist with mentoring the junior Property Claims Underwriters, where appropriate.
  • To work closely with and support the Underwriting teams whose claims you handle including regular updates and the provision of renewal information when required.
  • To work closely with brokers and clients in resolving their claims.
  • To liaise with following and co‑lead markets including arranging and hosting, where necessary, or attending market meetings.
  • To be responsible for instructing and managing lawyers and experts where appropriate to assist in the determination of coverage or assessing quantum or handling any dispute as it may arise.
  • Acting as the relationship manager and key point of claims contact for all DCAs within the Property Binders book alongside the delegated authority team and underwriters.
  • Overseeing the outsourced review and processing of monthly financial bordereaux including appropriate triage to Claims Managers and Claims Underwriters on set criteria being met, ensuring these are up to date and reporting any issues to the Head of Claims Operations & Analytics, Claims Managers, the Binder Authority Team and Underwriters.
  • Ensuring the internal CAT plan is implemented and adhered to where necessary.
  • Reviewing loss fund adequacy and assisting Hamilton’s Claims Operations Department in the recovery of loss funds on prior years.
  • To ensure that Hamilton’s Reserving Philosophy is applied and that all claims reserving is undertaken in a consistent, timely and accurate manner.
  • To escalate large or complex claims up through the Claims Department as required and to complete Executive Claims Summaries when appropriate.
  • To report on a timely basis appropriate claim to the Outwards Reinsurance Department and to assist with recoveries from reinsurers, where necessary.
  • Assisting Hamilton’s Claims Operations Department with the company’s delegation of claims authority to Cover holders and Delegated Claims Administrators (collectively DCAs) – maintaining the control framework over the delegation of claims authority; agreeing and updating DCA’s Service Level Agreements and ensuring appropriate MI is submitted on a regular basis and that work undertaken on Hamilton’s behalf is suitably peer reviewed, audited and is compliant with all regulation.

What you require for the role:

  • Experience within the market of handling property binders and general property claims and ideally inwards reinsurance claims.
  • Strong IT skills, particularly Excel.
  • Highly analytical and numerate with attention to detail.
  • A willingness to work in a responsive, collaborative and efficient manner.

What you can expect from us:

At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More. Our employees consistently say they would recommend Hamilton as a great place to work — a testament to the inclusive, supportive, and empowering culture we’ve built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.

Claims Underwriter, Property in London employer: Hamilton

Hamilton Global Specialty is an exceptional employer, offering a vibrant and collaborative work environment in the heart of London. With a strong focus on employee growth and development, we provide opportunities for mentorship and skill enhancement, particularly for those in the Property Claims Underwriter role. Our inclusive culture values diverse perspectives and empowers individuals to contribute meaningfully to our success, making Hamilton a rewarding place to build your career.

H

Contact Detail:

Hamilton Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Underwriter, Property in London

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those who work at Hamilton or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.

Tip Number 2

Prepare for the interview by brushing up on your claims handling knowledge. Be ready to discuss specific cases you've worked on, especially related to property binders and reinsurance. We want to see your analytical skills in action!

Tip Number 3

Show off your IT skills! If you're comfortable with Excel, make sure to highlight that during your conversations. We love candidates who can leverage technology to improve processes and outcomes.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our vibrant team at Hamilton.

We think you need these skills to ace Claims Underwriter, Property in London

Claims Handling
Property Binders
Inwards Reinsurance Claims
Mentoring
Broker and Client Liaison
Market Meeting Coordination
Legal and Expert Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Claims Underwriter role. Highlight your experience with property binders and any relevant claims handling. We want to see how your skills match 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 passionate about this role and how you can contribute to our team. Keep it concise but engaging – we love a good story!

Show Off Your Analytical Skills:Since this role requires strong analytical abilities, make sure to showcase any relevant experience or projects that demonstrate your numeracy and attention to detail. We’re keen to see how you approach problem-solving!

Apply Through Our Website:Don’t forget to apply 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 serious about joining our team!

How to prepare for a job interview at Hamilton

Know Your Claims Inside Out

Make sure you brush up on your knowledge of property claims, especially around binders and inwards reinsurance. Familiarise yourself with Hamilton’s Claims Philosophy and Protocols, as well as Lloyd’s Claims Principles. This will show that you’re not just interested in the role but also understand the nuances of the industry.

Showcase Your Analytical Skills

Since the role requires strong analytical abilities, be prepared to discuss specific examples where you've used these skills in past roles. Think about how you’ve handled complex claims or resolved disputes, and be ready to explain your thought process and the outcomes.

Demonstrate Team Spirit

This position involves working closely with underwriters, brokers, and clients. Highlight your experience in collaborative environments and how you’ve successfully mentored others. Share stories that illustrate your ability to build relationships and work effectively within a team.

Prepare Questions for Them

Interviews are a two-way street! Prepare thoughtful questions about the company culture, the team dynamics, and how success is measured in this role. This not only shows your interest but also helps you gauge if Hamilton is the right fit for you.