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 reputation.
- Benefits: Enjoy a competitive salary, bonuses, and a clear career progression.
- Why this job: Make a real impact in the insurance industry while building valuable relationships.
- Qualifications: 3-4 years of experience in Lloyd's global property claims handling required.
- Other info: Dynamic team environment with opportunities for professional growth.
The predicted salary is between 50000 - 67000 £ per year.
This range is provided by i3. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
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.
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 other 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.
Requirements:
- 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.
Preferred Qualifications:
- 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.
- A 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 in London employer: i3
Contact Detail:
i3 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who know about property and construction claims. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss complex claims scenarios and how you’ve handled them in the past. We want to see that you can communicate these concepts clearly, even to non-technical folks.
✨Tip Number 3
Show off your relationship-building skills! During interviews, highlight examples of how you've developed strong ties with clients and stakeholders. This is key in the role of a Claims Specialist, so let us know how you can bring that to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Claims Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Specialist role. Highlight your relevant experience in handling property and construction claims, and don’t forget to mention any specific achievements that showcase your skills.
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 your understanding of the London Market and how your experience aligns with the job description.
Showcase Your Team Spirit: We love team players! In your application, emphasise your ability to work collaboratively and mentor others. Share examples of how you've built strong relationships with clients and colleagues in the past.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at i3
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of property and construction claims, especially within the London Market. Be prepared to discuss specific cases you've handled and how you approached them, as this will show your expertise and confidence in the role.
✨Build Rapport with Interviewers
Since relationship-building is key in this role, practice how you can connect with your interviewers. Use examples from your past experiences where you successfully developed relationships with clients or stakeholders, and be ready to share how you can bring that skill to their team.
✨Showcase Your Team Spirit
As a Claims Specialist, you'll be mentoring junior colleagues. Highlight your teamwork skills and any experience you have in guiding others. Share stories that demonstrate your ability to motivate and support your team, which will resonate well with the interviewers.
✨Prepare for Technical Questions
Expect questions about technical concepts related to claims handling and policy issues. Brush up on your knowledge of ECF2 and other relevant systems. Being able to explain complex ideas in simple terms will show your communication skills and understanding of the industry.