At a Glance
- Tasks: Handle and resolve insurance claims efficiently while collaborating with various teams.
- Company: Join Liberty Specialty Markets, a leader in the insurance industry.
- Benefits: Enjoy a permanent role with competitive salary and professional development opportunities.
- Other info: Training provided for technical aspects and negotiation skills.
- Why this job: Make a real impact by supporting clients and enhancing the claims process.
- Qualifications: Interest in global events and strong communication skills are essential.
The predicted salary is between 50000 - 60000 £ per year.
Department: Claims
Division: Property D&F and Political Violence
Location: London, 20 Fenchurch St
Type: Permanent
About the Role:
Handling and resolving insurance claims efficiently and fairly in accordance with our claims Charter / code of Conduct and Claim process guidelines. Working closely with the LSM Claims team and Head of Property towards delivery of our corporate goals whilst promoting LSM core values.
About the Department & Team:
Liberty Specialty Markets Claims department handle claims through all stages from initial notification to conclusion including; analysis of new notifications, coverage, liability and quantum, establishing and monitoring appropriate reserves and making claims payments as required.
Key Responsibilities:
- Working closely with Underwriting & Claims to support the retention and attraction of Clients.
- Collaborate with Underwriting, Engineering and Actuarial on portfolio, risk mitigation, policy language and claim trends.
- Enhance the exposure and profile of the Property Claims teams through our Claims+ offering, attendance at meetings, as well as business development opportunities at industry events, conferences, and other external engagements.
- Liaising with market surveyors, adjusters and legal professionals where required.
- Communicate and collaborate between LSM and Clients to provide insight.
- Adherence to the authority requirements of the role as agreed.
- Support the management of all third‑party relationships where the third party has delegated claims handling authority.
- Adherence to the LSM Claims Charter and Code of Conduct.
- Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.
Skills and Experience:
- Training will be implemented on all technical aspects of the role, where required.
- A keen interest in global events including those of a geopolitical nature.
- Ability to make decisions and exhibit sound and reasoned judgment and/or elevate as necessary.
- Competent organisational, interpersonal and relationship building skills.
- Competent analytical and oral/written presentation skills.
- Negotiation training will be provided but previous experience would be beneficial.
- Self‑motivated, solutions focused and good communication skills are vital.
- Ability to manage/prioritise multiple tasks.
- Experience of data analysis.
Claims Specialist: Property D&F and Political Violence in London employer: Liberty Specialty Markets
Liberty Specialty Markets is an exceptional employer located in the heart of London, offering a dynamic work environment that fosters collaboration and innovation. With a strong commitment to employee development, we provide comprehensive training and growth opportunities, ensuring our team members are equipped to excel in their roles. Our inclusive culture prioritises integrity and customer focus, making it a rewarding place for those looking to make a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Specialist: Property D&F and Political Violence in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Liberty Specialty Markets). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Liberty Specialty Markets. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Claims Specialist: Property D&F and Political Violence in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Liberty Specialty Markets.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Liberty Specialty Markets. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Liberty Specialty Markets
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Liberty Specialty Markets to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Liberty Specialty Markets, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Liberty Specialty Markets's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
