Senior Claims Associate in London

Senior Claims Associate in London

London Full-Time 36000 - 60000 Β£ / year (est.) No working from home possible
Steamship Insurance Management Services Ltd

At a Glance

  • Tasks: Handle P&I and FDD claims, providing expert advice and support to members.
  • Company: Join Steamship Mutual, a global P&I insurance company with a diverse workforce.
  • Benefits: Enjoy hybrid working, private healthcare, and a supportive work-life balance.
  • Other info: Opportunity for continuous learning and career development in a people-centred environment.
  • Why this job: Be part of a collaborative culture that values integrity, safety, and excellence.
  • Qualifications: Degree in Maritime Law or equivalent with 4-6 years of relevant experience required.

The predicted salary is between 36000 - 60000 Β£ per year.

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About the company: Steamship Mutual is a P&I insurance company, with 240 employees worldwide. The main office is based near Liverpool Street station, London. We have offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, Japan, New York, and Singapore.

Overall Job Purpose: The role is within the Eastern Syndicate, which looks after Members from the Indian subcontinent, the Middle East and across Asia to Australia. This specific role will entail providing P&I and FDD (Freight, Demurrage and Defence) claims handling service and advice to Members based in the Indian subcontinent and Middle East.

Key Responsibilities:

  • To promote the relationship between the Club and existing Members for which the Claims team is responsible and represent the Club at a senior level.
  • To handle assigned claims in accordance with company procedures, provide advice and support on claims-related issues and identify the need for loss prevention activity.
  • To assist the Syndicate Manager or Claims Director in the allocation, delegation, monitoring and supervision of claims work where it is appropriate to do so and ensuring consistency of claims handling across the team.
  • To process large claims in line with company operating procedures in circumstances where requested to do so by the Syndicate Manager or Claims Director and where it is appropriate for such claims to be handled by a Senior Associate.
  • To provide cover in absence of Syndicate Manager or Claims Director.
  • To assist in the development of the capabilities of other members of the claims team to maximise their potential.
  • Able to demonstrate an expertise within a claim area and be able to provide guidance in this subject to other members of the team.
  • To ensure that all electronic correspondence, whether received or sent, relating to claim files assigned to the particular individual is promptly and correctly filed in accordance with the agreed working practices and to maintain and keep updated such e:files.
  • To contribute to the continuous development of company procedures and systems.
  • To produce relevant articles for inclusion in Club publications.
  • To participate in meetings / engagements with brokers and service providers including Club correspondents and lawyers.
  • Understands the importance of the Club/Member relationship and able to identify areas of additional service that will add value to the relationship.
  • Able to take a lead on case management.
  • Ability to break down and solve problems through quantitative thinking and analysis.
  • To support the Syndicate Underwriting objectives.
  • To carry out any other duties that are within the scope of personal skills and abilities whenever reasonably instructed.
  • To attend appropriate training and to develop relevant knowledge and skills.
  • To perform any other ad hoc duties as required.

Requirements:

  • Previous experience handling shipping litigation and dispute resolution, from either another P&I club, insurer, law firm, ship owner or ship agent.
  • Degree Educated with preferably LLB or LLM in Maritime Law or equivalent, with 4-6 years PQE.
  • Excellent communication skills, including negotiating, presenting, and reporting (written and verbal).
  • Ability to build and maintain effective business relationships at all levels, both internally and externally.
  • Highly organised, motivated, and enthusiastic with an excellent attention to detail.
  • Ability to deliver high quality work within agreed timeframes to and prioritise individual workload.
  • Proactive and able to use own initiative.
  • The ability to work well within a team.

What you will get:

  • Joining our collaborative, supportive and friendly working environment, you will enjoy a rewarding career with the opportunity to build on your existing skills and knowledge.
  • We offer great work life balance initiatives, including competitive hybrid working policy.
  • Clear and transparent career pathway - offering you continued support with enhancing your skills and creating employment development opportunities.
  • We offer free educational access to the Protection & Indemnity Qualification, created by the International Group of P&I Clubs.
  • An attractive benefits package which includes private healthcare.
  • We also provide competitive health subsidy, and access to our comprehensive wellbeing and savings programme throughout the year, to create an environment that supports everyone's mental and physical health.

Company Values:

  • Mutuality - ensuring fairness amongst Club Members
  • Integrity - upholding high ethical, legal, and regulatory standards
  • Safety and Sustainability - contributing to safety of life at sea and the preservation of the environment.
  • Transparency - building strong relationships based on trust and open communication.
  • Excellence - enabling our people to realise their full potential as team members, industry experts, leaders, and managers.
  • Collaborative - embracing flexibility, diversity, and inclusivity.

Steamship Insurance Management Services Ltd is committed to providing a great service to all our members. We pride ourselves on offering a people-centred culture that provides mutual respect and support for all our staff and we welcome and encourage you to apply.

Senior Claims Associate in London employer: Steamship Insurance Management Services Ltd

Steamship Mutual is an exceptional employer, offering a collaborative and supportive work environment in the heart of London, near Liverpool Street station. With a strong focus on employee growth, we provide clear career pathways, access to educational resources, and a comprehensive benefits package that prioritises wellbeing and work-life balance. Join us to be part of a people-centred culture that values integrity, mutual respect, and excellence, while making a meaningful impact in the maritime insurance industry.

Steamship Insurance Management Services Ltd

Contact Details:

Steamship Insurance Management Services Ltd Recruitment Team

StudySmarter Expert Advice🀫

We think this is how you could land Senior Claims Associate in London

✨Tip Number 1

Familiarise yourself with the specific claims handling processes and procedures used by Steamship Mutual. Understanding their approach will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the P&I insurance sector, especially those who have experience with claims related to the Indian subcontinent and Middle East. This can provide you with valuable insights and potentially lead to referrals.

✨Tip Number 3

Stay updated on current trends and challenges in maritime law and shipping litigation. Being knowledgeable about recent developments will allow you to engage in meaningful discussions during interviews.

✨Tip Number 4

Prepare to showcase your problem-solving skills through quantitative analysis. Be ready to discuss specific examples where you've successfully managed complex claims or disputes, as this is a key aspect of the Senior Claims Associate role.

We think you need these skills to ace Senior Claims Associate in London

Claims Handling
Maritime Law Knowledge
Dispute Resolution
Negotiation Skills
Communication Skills
Relationship Management
Attention to Detail

Some tips for your application 🫑

Tailor Your CV:Make sure your CV highlights relevant experience in shipping litigation and dispute resolution. Emphasise any previous roles in P&I clubs, law firms, or related fields, and showcase your qualifications, especially if you have an LLB or LLM in Maritime Law.

Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of Steamship Mutual that resonate with you, such as their commitment to mutuality and integrity. Use examples from your past experiences to demonstrate how you can contribute to their team.

Highlight Communication Skills:Given the importance of communication in this role, ensure you provide examples of your excellent verbal and written communication skills. Discuss any experience you have in negotiating, presenting, or reporting, as these are key responsibilities of the position.

Showcase Problem-Solving Abilities:The job requires strong analytical skills and the ability to solve problems. Include examples in your application that illustrate your quantitative thinking and analysis capabilities, particularly in handling complex claims or disputes.

How to prepare for a job interview at Steamship Insurance Management Services Ltd

✨Showcase Your Expertise

As a Senior Claims Associate, it's crucial to demonstrate your expertise in shipping litigation and dispute resolution. Be prepared to discuss specific cases you've handled and the outcomes, highlighting your problem-solving skills and quantitative analysis.

✨Emphasise Relationship Building

The role involves promoting relationships with Club Members. Share examples of how you've successfully built and maintained business relationships in previous roles, showcasing your communication and negotiation skills.

✨Demonstrate Organisational Skills

With responsibilities including claims handling and team supervision, it's important to illustrate your organisational abilities. Discuss how you prioritise tasks and manage your workload effectively to meet deadlines.

✨Align with Company Values

Steamship Mutual values mutuality, integrity, and collaboration. Familiarise yourself with these values and be ready to explain how your personal values align with them, providing examples from your past experiences.