At a Glance
- Tasks: Handle complex property and construction claims while mentoring junior team members.
- Company: Join a leading property and construction insurer with a strong market presence.
- Benefits: Enjoy a competitive salary, bonuses, and a clear career progression path.
- Why this job: Be part of a dynamic team, build relationships, and make an impact in the insurance industry.
- Qualifications: 3-4 years of experience in Lloyd's global property claims handling is essential.
- Other info: Open to discussing individual experiences that can contribute to the role.
The predicted salary is between 50000 - 58000 £ per year.
Permanent position in London with a salary of £60,000 - £67,000 + Bonus + benefits and a solid career path.
Ideal candidates will have approximately 3-4 years of Lloyd's global property claims handling experience, at a minimum.
This role is an opportunity to join a leading property and construction insurer in a claims specialist handling capacity. As a claims specialist, the successful applicant will be a key member of the team, handling complex claims in a lead and agreement party capacity, mentoring junior members of the team, and building relationships with key clients and stakeholders to strengthen AXIS' lead role in the marketplace.
Responsibilities:
- Be primarily responsible for adjusting all types of property and construction claims worldwide, following the claims handling guidelines and reporting to the Claims Manager.
- Appoint and manage third-party service providers, external legal advisors, and other experts to ensure a premier claims service is delivered.
- Work closely with clients and brokers to develop strong working relationships.
- Handle Company Market and Lloyd's Syndicate claims.
- Assist and oversee complex cases with junior colleagues.
- Liaise with underwriters on wording/policy issues, expert panels, and provide claims information and attend client meetings as appropriate.
- Liaise with internal stakeholders, including Risk Management and Actuarial teams, to ensure consistent information and knowledge sharing.
- Liaise with the Ceded Reinsurance team to assist with reinsurance recoveries and address queries from reinsurers.
- Accurately record and manage claims files manually and via central services.
- May be required to take on additional duties, responsibilities, and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table. While there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- An understanding of the London Market in the relevant classes of business.
- Working claims experience in the insurance industry, ideally with property and/or construction market knowledge.
- Ability to build and develop strong relationships with clients and third parties.
- Ability to communicate technical concepts to a non-technical audience at all levels.
- Ability to make disciplined decisions based on information provided, focusing on driving results.
- A team player mentality with the ability to motivate yourself and others.
What we prefer you to have:
- Ideally, will have worked in a syndicate or company or at a broker within claims and gained practical experience in the marketplace to independently perform the above duties and responsibilities.
- Knowledge of ECF2 and London market systems, including Docosoft, is preferable.
- Degree or professional qualification of diploma level or above (CII or equivalent).
- A general interest in property and construction as a whole, and a desire to widen technical knowledge and experience.
Claims Specialist, G Property, Cons & Property Binders in City of London employer: I3 Resourcing Limited
Contact Detail:
I3 Resourcing Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Specialist, G Property, Cons & Property Binders in City of London
✨Tip Number 1
Network within the London insurance market. Attend industry events, seminars, or webinars where you can meet professionals already working in property and construction claims. Building relationships with these individuals can provide valuable insights and potentially lead to job referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in the property and construction sectors. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the field, making you a more attractive candidate.
✨Tip Number 3
Consider reaching out to current or former employees of StudySmarter or similar companies on LinkedIn. Ask them about their experiences and any tips they might have for succeeding in the role of Claims Specialist. This insider information can be invaluable.
✨Tip Number 4
Prepare for potential interview scenarios by practising how you would handle complex claims situations. Think through examples from your past experience that showcase your problem-solving skills and ability to work collaboratively with clients and stakeholders.
We think you need these skills to ace Claims Specialist, G Property, Cons & Property Binders in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in Lloyd's global property claims handling. Emphasise any specific achievements or responsibilities that align with the job description, such as managing complex claims or mentoring junior colleagues.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the London Market and your ability to build strong relationships with clients and stakeholders. Use specific examples from your past experience to demonstrate how you meet the requirements of the role.
Highlight Technical Skills: In your application, be sure to mention any technical skills relevant to the role, such as knowledge of ECF2 and London market systems like Docosoft. This will show that you are well-prepared for the technical aspects of the position.
Show Enthusiasm for the Industry: Express your genuine interest in property and construction within your application. Mention any relevant courses, certifications, or personal projects that demonstrate your commitment to expanding your knowledge in this field.
How to prepare for a job interview at I3 Resourcing Limited
✨Showcase Your Experience
Make sure to highlight your 3-4 years of experience in Lloyd's global property claims handling. Be prepared to discuss specific cases you've managed, focusing on your role and the outcomes.
✨Demonstrate Relationship-Building Skills
Since this role involves developing strong relationships with clients and stakeholders, come prepared with examples of how you've successfully built and maintained professional relationships in previous roles.
✨Communicate Clearly
You’ll need to explain technical concepts to non-technical audiences. Practice simplifying complex ideas and be ready to demonstrate your communication skills during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your decision-making abilities in complex claims situations. Think of scenarios where you had to make disciplined decisions and be ready to discuss the thought process behind them.