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- Tasks: Manage and settle a variety of Financial Lines claims, ensuring effective communication.
- Company: Join a leading Lloyd's Broker with a dynamic and supportive culture.
- Benefits: Full-time role with hybrid working options and competitive salary.
- Why this job: Make a real impact in the insurance industry while developing your expertise.
- Qualifications: 3-5+ years in Financial Lines claims and experience with ECF required.
- Other info: Opportunity for career growth in a fast-paced environment.
The predicted salary is between 36000 - 60000 ÂŁ per year.
I am currently partnered with a leading Lloyd's Broker who are seeking a Senior Claims Advocate to join their Financial Lines team on a 12âmonth contract.
Location: London/Hybrid. Employment type: Fullâtime. Seniority level: MidâSenior level. Job function: Legal.
This role will handle PI, FI, D&O and Cyber claims from global jurisdictions, ensuring effective management and settlement of claims. The candidate should have 3â5+ years of experience handling Financial Lines claims from an insurer or broker view and experience using ECF.
Key Responsibilities- Responsible for the management and handling of a wide range of claims across Professional, Financial and Cyber business lines.
- Upon receipt of claim notifications, assess risk exposure, review claim details in line with applicable policy coverage and wording, acknowledge receipt to clients or intermediaries, and accurately set up and maintain claims files and inâhouse systems.
- Prepare and present claims information to insurers and clients in written or electronic formats, responding to subsequent instructions, queries and enquiries as required.
- Monitor insurer agreement and settlement of claims, ensuring timely payment to the correct beneficiaries.
- Escalate any claims issues or concerns promptly to management.
- Ensure clear communication of insurer instructions to clients and experts, and vice versa.
- Develop and maintain strong working relationships with clients, experts and insurers through consistent, professional and responsive communication.
- Liaise effectively with placing colleagues, including the preparation and maintenance of claims statistics and production of Claims Renewal Reports for renewal purposes.
- Work closely with accounting teams regarding the collection and payment of funds, resolution of queries and clearance of accounting entries.
- Remain up to date with market developments and system changes, manage workload effectively, and report progress or issues to management as appropriate.
- Attend internal and external meetings as required.
- 3â5+ years of experience in handling Financial Lines claims from an insurer or broker perspective.
- Experience using the Electronic Claim Filing (ECF) system.
- Strong knowledge of Professional Indemnity, Financial Indemnity, Directors & Officers and Cyber insurance claims.
Senior Claims Advocate - Financial Lines (12M FTC) in London employer: HJF Promotional Products
Contact Detail:
HJF Promotional Products Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Senior Claims Advocate - Financial Lines (12M FTC) in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and claims industry. Attend events, join online forums, and donât be shy about asking for introductions. You never know who might have the inside scoop on job openings!
â¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Financial Lines claims. Be ready to discuss your experience with PI, FI, D&O, and Cyber claims. Show them youâre not just a candidate, but the right candidate!
â¨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, itâs a great chance to reiterate why youâre the perfect fit.
â¨Tip Number 4
Donât forget to apply through our website! Weâve got loads of resources to help you ace your job search. Plus, applying directly can sometimes give you an edge over other candidates. Letâs get you that Senior Claims Advocate role!
We think you need these skills to ace Senior Claims Advocate - Financial Lines (12M FTC) in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Senior Claims Advocate role. Highlight your experience with Financial Lines claims and any relevant skills that match the job description. We want to see how your background fits perfectly with what we're looking for!
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 experiences you've had with PI, FI, D&O, and Cyber claims, and how you can bring value to our team at StudySmarter.
Showcase Your Communication Skills: Since this role involves a lot of communication with clients and insurers, make sure to demonstrate your strong communication skills in your application. Whether it's through your writing style or examples of past interactions, we want to see how you connect with others.
Apply Through Our Website: We encourage you to apply directly through our website. Itâs the best way for us to receive your application and ensures you donât miss out on any important updates. Plus, it shows us youâre keen on joining the StudySmarter family!
How to prepare for a job interview at HJF Promotional Products
â¨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Professional Indemnity, Financial Indemnity, Directors & Officers, and Cyber claims. Be ready to discuss specific cases you've handled and how you assessed risk exposure. This will show that youâre not just familiar with the terms but have real-world experience.
â¨Master the ECF System
Since experience using the Electronic Claim Filing (ECF) system is crucial for this role, ensure you can talk confidently about your proficiency with it. If possible, prepare examples of how you've used ECF in past roles to streamline processes or improve claim management.
â¨Communication is Key
This role requires clear communication with clients, insurers, and experts. Think of examples where youâve successfully navigated complex communications or resolved misunderstandings. Highlighting your ability to maintain strong relationships will set you apart.
â¨Stay Updated on Market Trends
Demonstrate your commitment to the industry by discussing recent developments in Financial Lines insurance. Being able to reference current trends or changes in regulations shows that youâre proactive and engaged, which is a big plus for any employer.
