Group Head of Recoveries and Salvage in London
Group Head of Recoveries and Salvage

Group Head of Recoveries and Salvage in London

London Full-Time 80000 - 100000 £ / year (est.) No home office possible
Hiscox SA

At a Glance

  • Tasks: Lead global recoveries and salvage operations, driving innovation and strategy.
  • Company: Join Hiscox, a unique insurer with a culture of creativity and collaboration.
  • Benefits: Enjoy hybrid working, competitive benefits, and a focus on mental and physical wellbeing.
  • Other info: Diverse and inclusive culture that encourages challenging the status quo.
  • Why this job: Make a real impact in a key area of claims while working with amazing people.
  • Qualifications: 10+ years in claims subrogation, strong leadership, and strategic thinking skills.

The predicted salary is between 80000 - 100000 £ per year.

We are looking for a global leader to join the Group Claims Function and lead the Claims recoveries and salvage operations across the Group. This is a new and exciting opportunity to join Hiscox and make a real difference in a key area of our claims process. You will be responsible for leading global recoveries and salvage operations and defining and executing the group-wide strategy as well as building scalable solutions that align to growth ambitions across the group. You will also be responsible for managing relationships with our vendors globally and overseeing all recovery efforts including pursuing and monitoring overpayments.

With Hiscox's diverse technology landscape, a clear vision on simplifying processes through innovation and strategic alignment to support positive customer outcomes is necessary as our business grows. You will be interacting with both Senior and Executive level stakeholders across the organisation; influencing others and critical thinking will be key to overcoming challenges where there is misalignment. The ability to think creatively but be able to effectively implement solutions and deliver through others to get results will be key skills you possess.

Key Responsibilities
  • Lead global operations, partner with vendors and business units, embed governance frameworks, and drive innovation through technology, analytics, AI and scalable solutions.
  • Develop and implement strategies to maximise claim recoveries and minimise leakage.
  • Represent the Group in industry forums, maintaining awareness of emerging risks and best practices.
  • Champion governance and controls to ensure compliance with legal and regulatory requirements and external/internal policies.
  • Drive innovation through technology, AI, and advanced analytics to enhance recovery processes.
  • Engage with internal and external stakeholders, including vendors and subrogation specialists, to optimise outcomes.
  • Drive alignment globally across business units through process improvements and technology solutions.
  • Deliver KPIs related to recovery rates and operational efficiency.
  • Implement governance frameworks and controls across all recovery operations.
  • Report performance and strategic progress to senior leadership and executive stakeholders.
  • Support and develop teams through coaching, training programmes, and clear objectives.
  • Ownership for maintaining and enhancing recoveries processes, training and adherence to these across claims globally.
Skills/Qualifications/Experience required
  • Extensive experience in claims subrogation and salvage in a global capacity (10+ years, with leadership roles). Those with less years but the right level of knowledge will naturally be considered.
  • Strong knowledge of insurance laws, regulations, and commercial lines products across all geographies.
  • Proven ability to lead teams and deliver through others.
  • Exceptional global communication and stakeholder management abilities with intercultural competence.
  • Exposure to recoveries monitoring systems (in-house or vendors) with a good understanding of how to transform and/or implement within an organisation and 3rd party suppliers.
  • Proficiency in relevant software and reporting tools, with strong Microsoft Office skills.
  • Resilience and adaptability to lead through change.
  • Deliver results under pressure.
  • Strategic thinking combined with operational execution capability.
  • Excellent analytical skills, leveraging data and insights to drive decisions.
  • Expertise in technology and innovation, including AI and machine learning applications.

At Hiscox we care about our people. We hire the best people for the job, and we are committed to diversity and creating a truly inclusive culture, which we believe drives success. Working life does not always have to be in the office so we have introduced hybrid working to encourage a healthy work-life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance.

Group Head of Recoveries and Salvage in London employer: Hiscox SA

Hiscox is an exceptional employer that fosters a culture of innovation and inclusivity, making it an ideal place for the Group Head of Recoveries and Salvage to thrive. With a hybrid working model that promotes work-life balance, employees benefit from a supportive environment that encourages personal and professional growth, alongside competitive benefits that prioritise mental and physical wellbeing. Join a team of dedicated professionals in London or York, where your contributions will directly impact the company's strategic direction and success.
Hiscox SA

Contact Detail:

Hiscox SA Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Head of Recoveries and Salvage in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who might know someone at Hiscox. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by researching Hiscox's values and recent projects. Show us you’re not just another candidate; demonstrate how your vision aligns with our innovative culture.

✨Tip Number 3

Practice your storytelling skills! Be ready to share specific examples of how you've led teams or driven innovation in past roles. We love hearing about real experiences that showcase your skills.

✨Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows us you’re genuinely interested in the role. Plus, it keeps you on our radar!

We think you need these skills to ace Group Head of Recoveries and Salvage in London

Claims Subrogation
Salvage Operations
Global Leadership
Insurance Laws and Regulations
Stakeholder Management
Process Improvement
Governance Frameworks
Data Analysis
Technology Innovation
AI and Machine Learning Applications
Communication Skills
Strategic Thinking
Operational Execution
Resilience and Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Group Head of Recoveries and Salvage role. Highlight your extensive experience in claims subrogation and salvage, and don’t forget to showcase your leadership skills and strategic thinking.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role at Hiscox. Mention specific examples of how you've driven innovation and improved recovery processes in your previous roles.

Showcase Your Communication Skills: Since you'll be engaging with senior stakeholders, make sure to demonstrate your exceptional communication abilities in your application. Use clear and concise language, and don’t shy away from showing your intercultural competence.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Plus, you’ll find all the details you need about the role there!

How to prepare for a job interview at Hiscox SA

✨Know Your Stuff

Make sure you brush up on your knowledge of claims subrogation and salvage. Understand the key regulations and commercial lines products relevant to the role. This will not only help you answer questions confidently but also show that you're genuinely interested in the position.

✨Showcase Your Leadership Skills

Prepare examples that highlight your experience in leading teams and delivering results. Think about times when you've successfully managed relationships with vendors or influenced stakeholders. This is crucial for a leadership role, so be ready to discuss your approach to team development and strategic execution.

✨Emphasise Innovation and Technology

Since the role involves driving innovation through technology and analytics, come prepared to discuss how you've used these tools in past roles. Share specific examples of how you've implemented solutions that improved recovery processes or operational efficiency.

✨Engage with the Company Culture

Familiarise yourself with Hiscox's unique culture and values. Be ready to discuss how your personal values align with theirs, especially around creativity and challenging the status quo. Showing that you fit into their culture can set you apart from other candidates.

Group Head of Recoveries and Salvage in London
Hiscox SA
Location: London

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