At a Glance
- Tasks: Handle complex claims and collaborate with teams to improve processes.
- Company: Join Markel Group, a Fortune 500 company with a global presence.
- Benefits: Great salary, annual bonus, 25 days holiday, and strong benefits package.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Make a real impact in the insurance industry while developing your career.
- Qualifications: Experience in handling various PI claims and strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
The Marine Liability team addresses an extensive range of claims originating from the Marine Liability and Transport and Logistics Underwriting Division. This role requires handling complex lead primary and excess claims with a focus on maintaining solid governance and service standards. We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further Who we are: Business Unit overview: The Claims department strives to lead the market by offering an efficient, and professional service to brokers and clients. Our goal is to become the most customer-focused, adaptable, and value-driven claims team available. We work proactively and flexibly to handle claims while upholding our integrity. The claims team partners closely with underwriting to ensure open communication and idea sharing. This team plays a key role in delivering products and services to our clients. The London Market Claims team handles claims from both the company market and Lloyd’s of London, originating from three main areas: Marine, Energy and Construction, PFR or equivalent experience & Cyber, and Specialty. The London Market division underwrites more than $2bn GWP and strives to expand considerably in the coming years. Part of Markel Group (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
What you’ll be doing:
- Drive the claims’ philosophy - "The most customer-focused, nimble, and value-adding claims team in the market" by your individual work and, if applicable, through leading others.
- Accomplish this by setting and completing your objectives, taking part in team meetings, supervising DCAs and service providers, and interacting with key brokers.
- Take ownership for handling your claims following the MINT claims and reserving philosophy, Markel Style, the Claims Handling Manual, and all applicable laws and regulations.
- Bring up claims with your manager as appropriate for advice on strategy or reserving.
- Observe, review, and ensure targets are met.
- Drive, facilitate, and deliver a customer-focused approach to claims, measurable through speed of service and open, honest, and personable communications with all brokers and (re)insureds.
- Produce good quality and informative narratives and information on key claims and claims developments.
- Work closely with the underwriting team.
- Provide feedback on claims experiences, contract wordings, claims data, or feedback for renewals or new business.
- Interact with placing and claims brokers to build positive relationships and deepen knowledge about the quality of claims management at Markel.
- Show a willingness to lead claims across all business types handled by the team.
- This includes attending underwriting meetings, learning about each class, and building relationships with key collaborators involved in the claims process.
- Assist the Claims Manager with specific ad hoc projects and provide innovative ways of doing things as required.
- Be willing to assist beyond the day-to-day claims handling to further develop the team and book of business as a whole.
Key Skills:
- Take the lead and management of strategy on a portfolio of complex and/or high-value claims and be a point person to the relevant underwriters.
- Identify and discuss the most common areas and trends in claims causation.
- Segment and analyse the portfolio to assist in identifying the most profitable sub-segments and those areas where remedial action should be taken.
- Understand, monitor, provide feedback, and ensure alignment with important metrics.
- Analyze and interpret data to improve Markel’s underwriting capabilities (e.g., loss performance and underwriting efficiency).
- Scope out problems/questions for analysis and work with actuarial/underwriting/claims manager or head of class to investigate.
- Assist underwriters with the development of policy language to achieve desired coverage and propose wording amendments to manager and/or underwriters.
- Understand customer needs and actively seek and respond to feedback, offering solutions to problems.
- Build relationships beyond the claim's function, including underwriters, brokers, and key legal providers.
- Negotiate intricate coverage issues calmly and effectively in the interests of all parties.
- Competently represent MINT in handling market and broker meetings.
- Support the training of junior members of the claims team, offering insight into particular claims areas and aiding them in building their own skills.
Background and knowledge in Marine Liability is required. You will have achieved ACII accreditation or be working towards it.
What’s in it for you?
- A great starting salary plus annual bonus & strong benefits package.
- Up to 16% company pension scheme
- Private medical and dental cover
- Menopause plan
- emergency care benefit (children/Pets/dependants)
- Income protection
- Life assurance
- electric car scheme
- travel insurance
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career! Are you ready to play your part? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs. Join us and play your part in something special!
At Markel we are all about the people, celebrating the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns. We will ensure that individuals are provided with any reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.
Please contact us via email at or call us at to request any accommodations or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.
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Senior Claims Adjuster in London employer: Markel Corporation
Markel Group is an exceptional employer located in Greater London, offering a dynamic work culture that fosters collaboration and innovation. Employees benefit from a competitive salary, annual bonuses, and comprehensive benefits, alongside ample opportunities for professional growth within a global insurance environment. Join us to make a meaningful impact while working with a dedicated team focused on governance and data insights.
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We think this is how you could land Senior Claims Adjuster in London
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We think you need these skills to ace Senior Claims Adjuster 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.
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Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Markel Corporation. 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 Markel Corporation
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Markel Corporation 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 Markel Corporation, 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 Markel Corporation'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.