At a Glance
- Tasks: Lead a team managing complex Casualty claims across multiple jurisdictions.
- Company: Join a leading Lloyd's Syndicate in the heart of London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth and engagement in industry events.
- Why this job: Make a real impact in a pivotal role within a collaborative team.
- Qualifications: Technical Casualty experience and managerial skills preferred.
The predicted salary is between 60000 - 80000 £ per year.
I am currently partnered with a leading Syndicate who are seeking a Claims Manager to join their Casualty division. This role will be handling complex Casualty losses from the UK, US and other international jurisdictions on a lead and follow basis, from a primary and excess view (heavy excess on the US side - railroads, transportation, etc).
My client is seeking a Claims professional with technical Casualty experience, who is professional and can influence the team and business. Managerial experience is preferred.
Key Responsibilities- Shared responsibility for managing a team of claims professionals, including direct oversight of a portfolio of claims from both technical and people management perspectives.
- Manage staff performance, workflow priorities, objectives, and development plans.
- Proactively handle a diverse portfolio of Casualty claims from initial notification through to resolution, including investigation of policy coverage, liability, and quantum, as well as setting and reviewing reserves and overall strategy throughout the claim lifecycle.
- Ensure adherence to authority limits, reserving philosophy, and claims standards, with appropriate escalation where required.
- Oversee the effective triage and handling of claims in line with internal Claims Charter, Code of Conduct, and Claims Guidelines, ensuring high standards of client service.
- Lead and support client presentations and review meetings, coordinating with internal stakeholders as needed.
- Collaborate with internal and external stakeholders throughout the claims process, including policyholders, brokers, co-insurers, actuaries, and underwriters.
- Work constructively with appointed panel lawyers, adjusters, and third-party administrators (TPAs), providing oversight, technical guidance, and financial authority where appropriate.
- Maintain high standards of file management and record keeping at all times.
- Contribute to thought leadership initiatives, including developing new ideas and research to support underwriting and claims strategies.
- Enhance the visibility and profile of the Claims team through market engagement, including attendance at industry events, conferences, and external meetings, while supporting business development activities where appropriate.
- Support senior leadership by providing insights into trends and portfolio performance.
- Share responsibility for team performance against key internal and market metrics.
- Implement and oversee large loss procedures and associated management reporting.
- Ensure compliance with best practices through effective service and performance monitoring, including system reporting and internal file audits.
Claims Manager - Casualty in City of London employer: High Finance Limited
As a leading Lloyd's Syndicate based in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises professional growth and development. Our Claims Manager role offers the opportunity to lead a talented team while managing complex international casualty claims, all within a supportive environment that encourages innovation and collaboration. With access to industry events and a commitment to excellence, we provide our employees with the tools and opportunities to thrive in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Manager - Casualty in City of London
✨Dive Into Industry Networking Events
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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 High Finance Limited. 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 - Casualty in City of 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 High Finance Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at High Finance Limited. 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 High Finance Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at High Finance Limited 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 High Finance Limited, 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 High Finance Limited'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.
