At a Glance
- Tasks: Manage and adjust property claims while mentoring junior underwriters.
- Company: Join a leading firm in the insurance industry with a focus on collaboration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic role with opportunities for career advancement and mentorship.
- Why this job: Make a real impact in the insurance sector while developing your skills.
- Qualifications: Experience in property claims and strong analytical skills required.
The predicted salary is between 60000 - 75000 € per year.
We're looking for a Senior Claims Underwriter, Property.
What you will do:
- Adjust claims within the Claims Authority in accordance with Hamilton’s Claims Philosophy and Claims Protocols and Lloyd’s Claims Principles and sub-principles.
- Responsible for the handling of the Transportation and Property Binder claims and to assist with mentoring the Property Junior and Claims Underwriters, where appropriate.
- Work closely with and support the Underwriting teams whose claims you handle including regular updates and the provision of renewal information when required.
- Work closely with brokers and clients in resolving their claims.
- Liaise with following and co-lead markets including arranging and hosting, where necessary, or attending market meetings.
- 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 Transportation and Property Binder books 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.
- Ensure that Hamilton’s Reserving Philosophy is applied and that all claims reserving is undertaken in a consistent, timely and accurate manner.
- 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) - this may include: maintaining the control framework over the delegation of claims authority; agreeing and updating DCA’s Service Level Agreements ensuring that they are in place for all DCAs; and to ensure that 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 Transportation and Property binders; and general property 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.
Senior Claims Underwriter, Property employer: Hamilton
Hamilton is an exceptional employer for a Senior Claims Underwriter, Property, offering a dynamic work culture that prioritises collaboration and professional growth. With a strong focus on employee development, you will have the opportunity to mentor junior underwriters while working closely with brokers and clients in a supportive environment. Located in a vibrant area, Hamilton provides a unique advantage with access to industry-leading resources and networking opportunities, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Underwriter, Property
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those involved in claims and underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of claims protocols and market trends. We recommend practising common interview questions with a mate or in front of the mirror to boost your confidence.
✨Tip Number 3
Showcase your analytical skills during interviews. Be ready to discuss specific examples where you've successfully handled complex claims or mentored junior underwriters. This will demonstrate your expertise and leadership potential.
✨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 company.
We think you need these skills to ace Senior Claims Underwriter, Property
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Claims Underwriter role. Highlight your experience with Transportation and Property binders, and don’t forget to showcase your analytical skills and attention to detail. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to our claims philosophy and protocols. We love a good story that shows your passion for the industry.
Showcase Your IT Skills:Since strong IT skills are a must, especially in Excel, make sure to mention any relevant software or tools you’ve used in your previous roles. If you have any certifications or training, flaunt them! We appreciate tech-savvy candidates.
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 gives you a chance to explore more about StudySmarter and what we stand for.
How to prepare for a job interview at Hamilton
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Transportation and Property binders. Be ready to discuss specific claims you've handled in the past, how you approached them, and what the outcomes were. This will show that you not only understand the technical aspects but also have practical experience.
✨Show Off Your Analytical Skills
Since the role requires strong analytical abilities, prepare to demonstrate your skills with real examples. Think about how you've used data to make decisions or improve processes in previous roles. Bring along any relevant reports or analyses you've done to back up your claims.
✨Be a Team Player
This position involves working closely with underwriting teams and mentoring junior staff. Be prepared to talk about your experience in collaborative environments. Share examples of how you've supported colleagues or led teams to success, as this will highlight your ability to work well with others.
✨Prepare for Market Discussions
Since you'll be liaising with brokers and clients, it’s essential to be ready for discussions about market trends and challenges. Research current issues in the property claims market and think about how they might impact the role. This will show that you're proactive and engaged with the industry.