London, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReTogether, we engage with everything we have and are, to help humankind act braver and better. About UK Life Branch: The UK life branch office, based in London, operates within the Europe and Latin America (EULA) region. We understand that Life insurers work in a dynamic market where medical progress, demographic trends and changing lifestyles are constantly giving rise to new risk landscapes. This demanding situation is made even more challenging by changing laws and regulations and ever tougher competition. In terms of clients, we trust them as experts of their business and provide them with the financial strength of the world's largest reinsurer, global expertise and sharp pricing so that they are both competitive and profitable. The Senior Claims Consultant maintains strong internal and external quality and risk controls through audits, training and monitoring, while applying specialist Claims expertise to support the Protection strategy. External activitiesDeliver agreed Protection plans, initiatives and client consulting activity in line with priorities set by the Head of Underwriting & Claims. Lead the Claims client audit programme, translating findings into targeted training, process improvement and risk control actions. Design and deliver practical client Claims training aligned to audit findings and client needs. Review clients' internal audit processes, monitor quarterly results and escalate material risks or changes to the Head of Underwriting & Claims and relevant Client Manager. Internal activitiesSupport the Protection Market Monitoring Group's agreed activity. Peer review and, when required, assess complex claims across all Protection lines of business. Own UKLB's internal Claims audit function and report key risk indicators clearly. Work with Biometrics to monitor in-force treaty performance, providing six-monthly reporting to the Protection Leadership team. Develop and maintain UKLB's Claims philosophy. Develops talent (we care and dare) β you develop the team to meet their career ambitions, building capability at an individual and organisational level, preparing them for future opportunities. Key Skills & Experience: Strong commercial understanding of the Life and Health insurance and reinsurance markets. Produces clear, high-quality written material. Thought Leaders: You are seen as an expert in your field and will be the 'go to' person for your area of specialism within Munich Re. Regulatory & Conduct Requirements: In addition to the responsibilities set out above, the Senior Claims Consultant role will also become responsible for: BenefitsYou will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%We are one of the few employers to offer fully paid 6months family leave for times when you need it the most. We inspire people to be capable of joint performance. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. You can request an adjustment by speaking to your Talent Acquisition contact.
Senior Claims Consultant Construction in London employer: Munich Re
Munich Re is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and mentorship, ensuring that our team members thrive in their careers. Our commitment to cutting-edge technology and Agile practices not only enhances job satisfaction but also positions our employees at the forefront of the insurance industry.