Financial Lines Claims Advocate
Financial Lines Claims Advocate

Financial Lines Claims Advocate

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and settle Financial Lines claims, liaising with clients and specialists.
  • Company: Join a respected Lloyd's broker known for tailored market insights.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
  • Why this job: Be part of a passionate team making a real impact in the insurance industry.
  • Qualifications: Knowledge of Financial Lines claims and confidence in client coordination required.
  • Other info: Familiarity with ECF is a plus; previous experience in Lloyd's brokers preferred.

The predicted salary is between 43200 - 72000 £ per year.

Overview A well respected Lloyd\’s broker have an exciting new opening for a Claims Advocate within their Financial Lines team.Responsibilities Manage, strategy and process for the notification, agreement, collection and successful settlement of a portfolio of Financial Lines claims, including Professional Indemnity, D&O and Crime claims.Liaise with clients, placement teams, specialists, network offices, underwriters and appointed authorities (loss adjusters, lawyers, etc.).Apply knowledge of Financial Lines claims and coverage analysis with the confidence to coordinate and initiate discussions with networks, clients, underwriters and experts.Qualifications and Requirements Good knowledge of Financial Lines claims (D&O and/or PI claims) and coverage analysis.Ability to coordinate discussions with networks, clients, underwriters and experts.Understanding of ECF would be advantageous.Applicants with a claims background in a Lloyd\\\’s broker, MGA or Insurer/Syndicate would be considered.As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance.

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Financial Lines Claims Advocate employer: Harrison Holgate

Join a well-respected Lloyd's broker that values its employees and fosters a collaborative work culture. With a strong focus on professional development, you will have ample opportunities to grow your expertise in Financial Lines claims while working alongside industry specialists in a supportive environment. Located in a vibrant area, the company offers competitive benefits and a commitment to employee well-being, making it an excellent choice for those seeking a meaningful career in the insurance sector.
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Contact Detail:

Harrison Holgate Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Lines Claims Advocate

✨Tip Number 1

Familiarise yourself with the specific types of Financial Lines claims mentioned in the job description, such as Professional Indemnity and D&O. Understanding the nuances of these claims will help you engage more confidently during interviews.

✨Tip Number 2

Network with professionals already working in Lloyd's brokers or similar environments. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could boost your application.

✨Tip Number 3

Brush up on your knowledge of ECF (Electronic Claims File) systems, as familiarity with this can set you apart from other candidates. Consider taking a short course or finding online resources to enhance your understanding.

✨Tip Number 4

Prepare to discuss your previous claims experience in detail, especially any roles where you coordinated discussions with clients and underwriters. Be ready to share specific examples that demonstrate your expertise and problem-solving skills.

We think you need these skills to ace Financial Lines Claims Advocate

Knowledge of Financial Lines Claims
Understanding of D&O and Professional Indemnity Coverage
Claims Management
Client Liaison Skills
Negotiation Skills
Communication Skills
Analytical Skills
Familiarity with ECF (Electronic Claims File)
Coordination Skills
Attention to Detail
Problem-Solving Skills
Experience with Lloyd's Brokers, MGAs, or Insurers/Syndicates
Ability to Work Under Pressure
Team Collaboration

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Financial Lines Claims Advocate position. Make sure you understand the responsibilities and requirements, particularly around managing claims and liaising with various stakeholders.

Highlight Relevant Experience: When crafting your CV and cover letter, emphasise any previous experience you have in handling Financial Lines claims, especially in D&O and Professional Indemnity. Use specific examples to demonstrate your expertise and confidence in this area.

Tailor Your Application: Customise your application materials to reflect the specific skills and knowledge mentioned in the job description. If you have familiarity with ECF or a background in Lloyd's brokers, MGAs, or Insurers/Syndicates, make sure to highlight these points.

Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the financial sector.

How to prepare for a job interview at Harrison Holgate

✨Showcase Your Knowledge of Financial Lines

Make sure to brush up on your understanding of Financial Lines claims, especially D&O and Professional Indemnity coverage. Be prepared to discuss specific cases or scenarios where you successfully managed similar claims.

✨Demonstrate Your Communication Skills

As a Claims Advocate, you'll need to liaise with various stakeholders. Practice articulating your thoughts clearly and confidently, as well as how you would handle discussions with clients, underwriters, and loss adjusters.

✨Familiarise Yourself with ECF

If you have experience with the Electronic Claims File (ECF), be ready to discuss it. If not, take some time to learn about its importance in the claims process, as this could give you an edge during the interview.

✨Prepare Questions for Your Interviewers

Think of insightful questions to ask about the company's approach to claims management and their expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.

Financial Lines Claims Advocate
Harrison Holgate
Location: London
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