Technical Claims Lead

Technical Claims Lead

Full-Time 63000 - 77000 £ / year (est.) Home office (partial)
Markel International

At a Glance

  • Tasks: Lead complex claims in Marine Liability and mentor your team for success.
  • Company: Join Markel, a Fortune 500 company with a collaborative and diverse culture.
  • Benefits: Enjoy a competitive salary, annual bonus, and extensive benefits package.
  • Other info: Flexible working options and opportunities for professional growth await you.
  • Why this job: Make a real impact in a dynamic environment while developing your career.
  • Qualifications: Experience in Marine Liability and a passion for customer-focused service.

The predicted salary is between 63000 - 77000 £ per year.

The Claims Technical Lead will primarily focus on the broad range of claims emanating from the Marine Liability and Transport and Logistics underwriting portfolio. However, due to the growth of Markel, the role may also offer the opportunity to handle claims emanating from the wider Marine, Energy and Casualty Division.

Who we are:

The Claims department seeks to be market-leaders in the provision of an efficient, cost-effective and professional service to our brokers and clients. Our vision is to be the most customer centric, agile and value adding claims team in the market. We strive to be pro-active and flexible in the management of claims whilst maintaining our integrity. The claims team works collaboratively alongside the underwriting function in order to facilitate close communication and exchange of ideas and is an integral part of the product and customer service delivered to our clients.

The London Market Claims team handles both company market and Lloyd’s of London claims emanating from three core divisions: Marine, Energy and Construction, PFR & Cyber, and Specialty. The division writes in excess of $2bn GWP with a goal to grow significantly over the next few years.

What you’ll be doing:

  • Act as a technical point person within the Marine Team, providing claims support, guidance and mentorship to the rest of the team, whilst also handling your own portfolio of complex claims, with a particular focus on claims emanating from the Marine Liability classes.
  • Drive the claim's philosophy of being “The most customer focused, nimble and value adding claims team in the market”.
  • Be responsible for handling your claims in accordance with the MINT claims and reserving philosophy, Markel Style, the Claims Handling Manual and all regulatory and legislative requirements.
  • Support your Claims Manager and the Underwriters by providing technical input into product wordings and class-specific vendor and expert support.
  • Provide oversight and support on complex claims, claims in litigation and watchlist claims, with particular focus on US liability claims.
  • Work closely with the underwriting team, including providing feedback on claims experiences, contract wordings, claims data or feedback for any renewal or new business.
  • Show a willingness to lead claims on all classes of business handled by the team.
  • Drive team broker interaction to deliver a more customer focused and value adding service.

Key Skills:

  • Take the lead and management of strategy on a portfolio of complex and/or high value claims.
  • Identify and discuss the most common areas and trends in claims causation.
  • Understand, monitor, provide feedback and ensure compliance on KPIs.
  • Analyse and interpret data to improve Markel’s underwriting capabilities.
  • Assist underwriters with the development of policy language to achieve desired coverage.
  • Understand customer needs and actively solicit and act upon feedback.
  • Negotiate complex coverage matters calmly and effectively.
  • Assist in the training of junior members of the claims team.
  • Have experience and knowledge in Marine Liability and other Marine classes.

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.
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.

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. We are also happy to consider candidates who are looking for flexible working patterns.

Technical Claims Lead employer: Markel International

Markel International is an excellent employer for those seeking a rewarding career in IT support within the vibrant Greater London area. With a strong commitment to employee growth, a diverse and inclusive work culture, and a comprehensive benefits package that includes health coverage and a pension scheme, you will find ample opportunities to thrive both personally and professionally. Join us and be part of a team that values your contributions and supports your career aspirations.

Markel International

Contact Details:

Markel International Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Technical Claims Lead

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 Markel International). 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 Markel International. 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 Technical Claims Lead

Claims Management
Marine Liability Knowledge
Data Analysis
Customer Focus
Negotiation Skills
Regulatory Compliance
KPI Monitoring

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 Markel International.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Markel International. 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 International

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 International 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 International, 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 International'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.