At a Glance
- Tasks: Manage and negotiate W&I claims, ensuring smooth communication and successful settlements.
- Company: Join a leading Lloyd's Broker with a focus on innovation and client satisfaction.
- Benefits: Enjoy a hybrid work model, flexibility, and opportunities for professional growth.
- Other info: Dynamic role with a supportive team and a focus on career development.
- Why this job: Make a real impact in the financial lines sector while working with industry experts.
- Qualifications: Experience in W&I claims and strong negotiation skills are essential.
The predicted salary is between 63000 - 77000 £ per year.
A Lloyd's Broker seek an experienced W&I claims professional.
In this exciting role, you will be primarily responsible for the management, strategy and process for the agreement, collection and successful settlement of a portfolio of Financial Lines claims.
The successful applicant will have a good knowledge of Warranty & Indemnity (W&I) claims and the confidence to co-ordinate and initiate discussions with networks, clients, underwriters and experts.
A good understanding of ECF will be advantageous.
This will be a hybrid role, with lots of flexibility to work from home.
Duties and Responsibilities
First notification of loss for W&I claims.
Negotiation and liaison with markets, clients, placement teams, specialists, network offices, underwriters and appointed authorities (loss adjusters, lawyers etc).
Conduct data analysis to establish the claims history for a particular client or business portfolio, and to identify trends and patterns in claims for a client or business segment.
Negotiate the payment and settlement of claims with clients and underwriters.
Co-ordinate discussions and meetings to ensure a superior level of communication between the client, underwriters and their representatives concerning the proposed settlement.
Senior W&I Claims Advocate in London employer: Harrison Holgate Careers
As a Claims Operations Manager at our esteemed Lloyd's Syndicate, you will join a dynamic team that values collaboration and innovation in a supportive work culture. We offer competitive benefits, including flexible working arrangements and opportunities for professional development, ensuring that you can grow your career while making a meaningful impact in the insurance sector. Located in a vibrant area, our workplace fosters a sense of community and encourages employees to thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior W&I Claims Advocate in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Harrison Holgate Careers). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Harrison Holgate Careers. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior W&I Claims Advocate 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.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Harrison Holgate Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Harrison Holgate Careers. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Harrison Holgate Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Harrison Holgate Careers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Harrison Holgate Careers, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Harrison Holgate Careers'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.