At a Glance
- Tasks: Lead global recoveries and salvage operations, driving innovation and strategy.
- Company: Join Hiscox, a leader in the insurance industry with a focus on innovation.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to influence and drive change across the organisation.
- Why this job: Make a real impact in claims processes while working with cutting-edge technology.
- Qualifications: 10+ years in claims subrogation, strong leadership, and communication skills required.
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, defining and executing the group-wide strategy, building scalable solutions that align to growth ambitions across the group, managing relationships with our vendors globally, and overseeing all recovery efforts including pursuing and monitoring overpayments.
With Hiscox’s diverse technology landscape, you will need a clear vision on simplifying processes through innovation and strategic alignment to support positive customer outcomes as our business grows. You will be interacting with senior and executive level stakeholders across the organisation, influencing others, and will need critical thinking to overcome challenges where there is misalignment. The ability to think creatively yet effectively implement solutions, and to deliver through others, 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.
- Own maintaining and enhancing recoveries processes, training and adherence to these across claims globally.
- Extensive experience in claims subrogation and salvage in a global capacity (10+ years, with leadership roles). Less experience may be considered if the right level of knowledge is demonstrated.
- 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 (internal or vendor) with a good understanding of how to transform and/or implement within an organisation and third-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.
Group Head of Recoveries and Salvage employer: Hiscox Underwriting Group Services Ltd (HUGS)
Hiscox is an exceptional employer that fosters a dynamic and innovative work culture, particularly for the Group Head of Recoveries and Salvage role based in London or York. With a strong emphasis on employee growth, you will have the opportunity to lead global operations while collaborating with senior stakeholders and driving technological advancements in claims processes. The hybrid working model promotes a healthy work-life balance, making it an attractive place for professionals seeking meaningful and rewarding employment.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Group Head of Recoveries and Salvage
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in claims subrogation and salvage. Share specific examples of how you've driven innovation and improved processes in previous roles. We want to see your passion and expertise shine through!
✨Prepare for the Interview
Do your homework before any interview! Research the company, understand their values, and think about how your skills align with their needs. We recommend preparing some thoughtful questions to ask them too – it shows you’re genuinely interested and engaged.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly.
We think you need these skills to ace Group Head of Recoveries and Salvage
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 abilities.
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. Mention specific examples of how you've driven innovation and improved recovery processes in your previous roles.
Showcase Your Tech Savvy:Since this role involves driving innovation through technology, make sure to highlight your proficiency with relevant software and any experience you have with AI and analytics tools. We love candidates who can leverage tech to enhance recovery processes!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining the StudySmarter team!
How to prepare for a job interview at Hiscox Underwriting Group Services Ltd (HUGS)
✨Know Your Stuff
Make sure you brush up on your knowledge of claims subrogation and salvage. Understand the latest trends in the industry, especially around technology and analytics. This will not only show your expertise but also your passion for the role.
✨Showcase Your Leadership Skills
Prepare examples that highlight your experience in leading teams and driving innovation. Think about times when you've successfully implemented strategies or improved processes. Be ready to discuss how you can deliver results through others.
✨Engage with Stakeholders
Since this role involves interacting with senior stakeholders, practice articulating your ideas clearly and confidently. Prepare to discuss how you’ve managed relationships in the past and how you plan to engage with vendors and business units effectively.
✨Think Creatively
Be ready to demonstrate your critical thinking skills. Prepare to discuss challenges you've faced and how you creatively solved them. This will show that you can think outside the box while still aligning with the company’s goals.