At a Glance
- Tasks: Manage complex insurance claims and negotiate settlements with various stakeholders.
- Company: Leading specialist insurance organisation with a strong global reputation.
- Benefits: Competitive salary, comprehensive benefits, and flexible working arrangements.
- Other info: Great opportunities for professional development and long-term career progression.
- Why this job: Join a respected team and tackle high-value claims in a dynamic environment.
- Qualifications: Experience in handling complex claims and excellent negotiation skills required.
The predicted salary is between 63000 - 77000 £ per year.
Your new company is a leading specialist insurance organisation operating within the Financial & Specialty Risks market. With a strong reputation for delivering innovative solutions to clients and insurance partners globally, the business specialises in complex transactional and corporate risk products and continues to invest heavily in its claims offering. You will be joining a highly regarded team of technical specialists, supporting sophisticated clients on some of the market's most complex and high-value claims.
As a Claims Manager, you will be responsible for managing a portfolio of complex Financial & Specialty Risk claims from notification through to resolution. The role will have a particular focus on transactional and corporate risk-related claims, requiring a strong understanding of policy coverage, legal liability and commercial negotiation.
You will work closely with insureds, brokers, insurers, underwriters and legal counsel, acting as a trusted advisor throughout the claims process. The position will involve handling complex coverage discussions, negotiating settlements, liaising with external stakeholders and ensuring commercially favourable outcomes are achieved. You will also monitor legal, regulatory and market developments, providing insight into emerging risks and supporting the ongoing enhancement of claims strategy and best practice across the team.
To be successful in this role, you will have experience handling complex claims within either an insurance or legal environment. Candidates with exposure to Financial Lines, Transactional Risks, M&A-related claims, commercial litigation, insurance coverage disputes or corporate insurance matters will be particularly well suited.
You will possess excellent stakeholder management and negotiation skills, with the ability to communicate confidently with clients, insurers, brokers and legal professionals. A legal qualification would be advantageous, although candidates from an insurance background with relevant claims experience will also be considered. Strong technical knowledge, commercial awareness and the ability to manage multiple complex matters simultaneously are essential.
In return, you will join a highly respected specialist insurance business offering exposure to complex international claims within a growing and technically challenging area of the market. You will work alongside experienced professionals, gain direct interaction with senior clients and industry stakeholders, and benefit from excellent opportunities for professional development and long-term career progression. A competitive salary, comprehensive benefits package and flexible working arrangements are also on offer.
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or email me on: Charlie.Simpson@hays.com. If this job isn't quite right for you but you are looking for a new position within the London Market insurance sector, please contact us for a confidential discussion about your career.
Claims Manager in London employer: Hays
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StudySmarter Expert Advice🤫
We think this is how you could land Claims Manager 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 Hays). 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 Hays. 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 Claims 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.
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 Hays.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hays. 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 Hays
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hays 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 Hays, 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 Hays'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.
