At a Glance
- Tasks: Support North American Property claims from start to finish, ensuring efficient progress and high service standards.
- Company: Established London Market insurance business with a strong reputation and collaborative culture.
- Benefits: Competitive salary of £40,000 - £45,000, career development, and supportive work environment.
- Other info: Opportunity for ongoing professional development and career growth in claims broking.
- Why this job: Gain exposure to diverse claims while building relationships with industry professionals.
- Qualifications: Previous London Market claims experience and strong organisational skills required.
The predicted salary is between 40000 - 45000 £ per year.
Your new company is a well-established and growing London Market insurance business with a strong reputation across North American and Specialty business. With a collaborative culture and significant market presence, the business offers employees the opportunity to work closely with brokers, underwriters, coverholders and insurer partners across a diverse portfolio of risks.
As a Claims Broker, you will be responsible for supporting the handling of North American Property and Special Risks claims from first notification through to settlement. Working closely with brokers, underwriters, coverholders and other key market stakeholders, you will help ensure claims are progressed efficiently while maintaining high service standards for clients and trading partners.
The role will involve managing claims documentation, maintaining diaries and records, monitoring delegated authority arrangements, producing claims reporting and loss runs, and supporting claims data analysis. You will gain exposure to a broad range of London Market claims activity whilst developing strong relationships across both internal and external stakeholders.
To be successful in this role, you will have previous London Market claims experience gained within a broker, insurer or MGA environment. Exposure to North American Property business, Delegated Claims Authority arrangements or Binding Authority business would be advantageous, although not essential. You will possess strong organisational skills, excellent attention to detail and the ability to manage multiple priorities within a fast-paced environment. A good understanding of London Market processes, strong communication skills and a desire to build a long-term career within claims broking are also key requirements. Progress towards professional insurance qualifications would be viewed favourably.
In return, you will join a highly regarded organisation that offers excellent career development opportunities, exposure to a specialist North American portfolio and the opportunity to work alongside experienced London Market professionals. You will benefit from a supportive and collaborative working environment, ongoing professional development and a competitive salary of £40,000 - £45,000 plus benefits.
North American Property Claims Broker in London employer: Hays
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StudySmarter Expert Advice🤫
We think this is how you could land North American Property Claims Broker 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 North American Property Claims Broker 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.
