At a Glance
- Tasks: Manage complex international casualty claims and provide technical oversight.
- Company: Leading Lloyd's Syndicate in the heart of London.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Collaborate with top professionals and enhance your skills in a supportive setting.
- Why this job: Join a growing team and make a real impact in global claims management.
- Qualifications: Significant experience in international casualty claims, especially in Australia and Canada.
The predicted salary is between 63000 - 77000 £ per year.
Exclusive Vacancy: Claims Manager - International Casualty
Lloyd's Syndicate
City of London
I am currently partnered with a leading Lloyd's Syndicate who are seeking a Claims Manager to join their growing Casualty division.
This role will be handling and managing a broad range of Casualty Claims from global jurisdictions, with a particular focus on Australia and Canada.
My client is looking for an experienced International Casualty Claims individual with strong experience handling across Aus/Canada jurisdictions, and someone with experience overseeing delegated claims arrangements/DCAs.
Key Responsibilities Claims Management & Technical Oversight
- Manage a portfolio of complex and high-value international casualty claims from first notification through to final resolution.
- Provide technical leadership and oversight across the International Casualty Claims portfolio, ensuring claims are managed in accordance with Syndicate guidelines, Lloyd's requirements and applicable regulatory standards.
- Oversee the investigation, evaluation, reserving, negotiation and settlement of claims across multiple jurisdictions.
- Conduct detailed policy coverage analysis and provide guidance on complex liability and coverage matters.
- Escalate significant, large-loss, contentious or sensitive claims to senior claims management, providing clear recommendations and appropriate action plans.
- Ensure accurate, timely and appropriate reserving, maintaining financial discipline and transparency throughout the claims lifecycle.
- Delegated Authority Oversight
- Manage and oversee the performance of Coverholders, Delegated Claims Administrators (DCAs) and other delegated claims service providers.
- Monitor delegated authority arrangements to ensure compliance with agreed claims handling authorities, service standards, governance requirements and reporting obligations.
- Identify and implement opportunities to improve claims processes, controls, governance and operational effectiveness.
- Litigation & External Stakeholder Management
- Lead the management of litigated claims, working closely with external counsel, loss adjusters and other professional advisers.
- Develop and drive appropriate litigation strategies, balancing claims outcomes, coverage considerations and commercial objectives.
- Build and maintain strong working relationships with brokers, insureds, adjusters, legal representatives, reinsurers and other key stakeholders.
- Represent the claims function at market meetings, mediations, settlement negotiations and relevant industry forums where required.
- Portfolio Management & Underwriting Support
- Analyse claims experience and emerging trends to identify key loss drivers, areas of exposure and potential underwriting opportunities.
- Provide claims insight and portfolio analysis to Underwriters, Actuaries and senior management to support business planning, portfolio management and profitability objectives.
- Attend client and broker meetings where required, providing specialist claims expertise and supporting strong market relationships.
- Work collaboratively with the Wordings function to identify policy wording issues, emerging coverage concerns and opportunities for product and coverage enhancement.
- Reporting & Governance
- Prepare and present claims management information, trend analysis and performance reporting for senior management and relevant committees.
- Support internal and external audit activity as required.
- Ensure claims activity is conducted in accordance with applicable regulatory, legal and Lloyd's requirements, as well as relevant internal governance standards.
- Contribute to strategic claims initiatives, process improvement projects and wider departmental objectives
- Key Relationships
- As a senior member of the Claims function, the International Casualty Claims Manager will work closely with Underwriters, Actuaries, Brokers, Coverholders, Delegated Claims Administrators, Reinsurers, legal counsel and other external stakeholders.
- The role will provide specialist claims expertise, support effective portfolio management and underwriting decisions, and contribute valuable insight into claims trends, exposures and emerging issues.
Skills & Experience Required
- Significant experience in international casualty claims within the Lloyd's and/or London Market.
- Demonstrable expertise in managing complex liability claims across multiple jurisdictions, with particular experience in Canada and Australia.
- Strong technical knowledge of casualty insurance coverage, liability exposures and litigation management.
- Experience overseeing delegated authority claims arrangements, including Coverholders, DCAs and other third-party claims service providers.
- Proven experience managing large-loss, complex and contentious claims through to resolution.
- Strong stakeholder management skills, with the ability to build credibility and effective relationships across underwriting, broking, legal, claims and client communities.
- Excellent analytical, negotiation, communication and decision-making skills.
- Experience providing technical guidance, coaching or mentoring to claims professionals.
Claims Manager - International Casualty employer: HFG
Join a dynamic and innovative team at a leading Lloyd's insurer, where your expertise as a Senior Capital Actuary will not only be valued but will also play a crucial role in shaping the future of the business. With a strong emphasis on collaboration and professional development, you'll have the opportunity to influence key decisions while working in a supportive environment that fosters growth and encourages you to make a real impact. Enjoy a flexible work arrangement with 1-2 days in the office, allowing for a healthy work-life balance in a vibrant location.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Manager - International Casualty
✨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 HFG). 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 HFG. 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 - International Casualty
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 HFG.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG. 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 HFG
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG 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 HFG, 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 HFG'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.