Graduate Claims Executive in London

Graduate Claims Executive in London

London Trainee 25000 - 32000 £ / year (est.) Home office (partial)
Steamship Insurance Management Services

At a Glance

  • Tasks: Handle diverse claims and support Members in the marine insurance sector.
  • Company: Join Steamship Mutual, a leading global P&I insurance provider.
  • Benefits: Enjoy competitive pay, hybrid working, and private healthcare.
  • Other info: 18-month training programme with clear career progression and development opportunities.
  • Why this job: Kickstart your career with hands-on experience in international marine insurance.
  • Qualifications: Recent graduates with strong communication skills and a desire to learn.

The predicted salary is between 25000 - 32000 £ per year.

Steamship Mutual is a leading Protection and Indemnity (P&I) insurance provider with a global workforce of 250 employees. Our head office is based near Liverpool Street station in London. We have offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, New York, Japan and Singapore.

We are looking for two highly motivated university graduates to begin a career in claims within the marine insurance sector. As a mutual P&I Club, we insure shipowners and charterers all around the world. While our main office is in London, our presence in major shipping centres enables us to support Members regionally in close collaboration with our London teams.

As part of our claims team, you will be responsible for handling a wide range of claims for our Members. We provide legal and strategic support of the highest standard, drawing on significant in-house expertise and, because we insure liabilities, we often find ourselves participating in and directing complex litigation and arbitration in London and many other jurisdictions worldwide, working alongside external lawyers and technical experts. Service is at the heart of what we do and you will play an integral role in promoting and sustaining relationships between the Club and our Members.

As a new recruit, you will rotate through each of the three London-based claims teams, spending six months with each, gaining exposure to our Members across the Americas, Europe, and Asia. To ensure you get a well-rounded understanding of P&I insurance, you will also spend time with our Underwriting and Loss Prevention departments, as well as gaining insight into Reinsurance and Finance.

As part of your training, you will be expected to complete at least Modules 1 and 2 of the P&IQ the industry’s formal qualification. There will also be plenty of learning and development opportunities throughout the 18-month programme.

We are seeking graduates with a strong academic record, excellent written and verbal communication skills, and a genuine interest in developing a career in insurance and shipping. No prior experience in marine insurance? No problem. What matters most is your potential. If you have earned your bachelor’s or master’s degree in a discipline that demonstrates the ability to communicate complex ideas in a concise and digestible way, such as law, history, English, Classics, or modern languages, you might be the perfect fit for us. We are looking for individuals who are eager to learn, have a strong work ethic, and are driven to develop the skills needed for a successful career at Steamship. If you are a clear communicator, have an eye for detail and enjoy collaborative problem-solving, you are already on the right path.

This is a fantastic opportunity to embark on a career in the world of international marine insurance. From day one, you will gain hands-on experience and valuable industry insight. You will work alongside experienced legal and claims professionals across global markets. This is more than just a job; it is the beginning of a challenging, rewarding and long-term career. We are committed to supporting your development not only during the programme but throughout your career. Our 18-month programme starts in Autumn 2026.

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.

Graduate Claims Executive in London employer: Steamship Insurance Management Services

Steamship Mutual is an exceptional employer, offering a collaborative and supportive work environment in the heart of London. As a Graduate Claims Executive, you will embark on a rewarding career in marine insurance, gaining hands-on experience while benefiting from a clear career pathway, comprehensive training, and a commitment to your professional development. With a focus on employee wellbeing and a strong emphasis on mutual respect, Steamship Mutual is dedicated to fostering a culture where you can thrive and make a meaningful impact.

Steamship Insurance Management Services

Contact Details:

Steamship Insurance Management Services Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Graduate Claims Executive in London

Get Clued Up on Insurance Events

Join local insurance events or workshops to network and soak in knowledge about the industry. It's a great way to meet potential employers, like Steamship Insurance Management Services, and show off your enthusiasm for the field. Plus, you’ll gain insights that'll make you stand out during your interviews!

Tap into Your University’s Resources

Many universities offer career services specifically tailored for students looking for trainee roles in insurance. Make sure to utilise these—they can connect you with alumni in the industry or help you snag those hidden opportunities that aren't advertised widely!

Showcase Your Knowledge

Start a blog or social media account where you can share insights about current trends in insurance. This demonstrates your passion and keeps you in the minds of recruiters at places like Steamship Insurance Management Services. A personal touch always helps in making a memorable impression!

Apply Through Our Website & Make It Personal

Don’t just hit 'apply' on the Steamship Insurance Management Services website. Tailor your application to highlight your interest in the insurance sector and showcase any relevant projects or experiences. A few personal touches can go a long way in landing that trainee spot!

We think you need these skills to ace Graduate Claims Executive in London

Written Communication Skills
Verbal Communication Skills
Attention to Detail
Problem-Solving Skills
Collaborative Skills
Analytical Skills
Interest in Marine Insurance

Some tips for your application 🫡

Highlight Your Analytical Skills:In the insurance industry, analytical skills are a must. Make sure to showcase any relevant coursework or projects where you've solved complex problems or worked with data. This can really set you apart, especially in your CV or cover letter!

Show Your Interest in the Sector:For a trainee role, it’s super important to demonstrate your genuine interest in insurance. Talk about any internships, part-time jobs, or relevant studies that have sparked your passion for this field. We want to see that you're eager to learn and grow with us at Steamship Insurance Management Services!

Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at Steamship Insurance Management Services. Use it to explain why you're excited about a career in insurance and what you hope to learn during your time with us. Make it personal and engaging—it’ll catch our eye for sure!

Include Relevant Certifications or Courses:Even as a trainee, any extra certifications or courses related to insurance can really boost your application. Whether it's online courses or workshops, throw them in your CV to show us that you’re proactive about your professional development. It’ll demonstrate your commitment to stepping into this industry with enthusiasm!

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

Understand the Basics of Insurance

Since you're interviewing for a trainee role in insurance, it’s vital to brush up on the key concepts in the industry. Familiarise yourself with terms like underwriting, risk assessment, and claims processing. It shows your genuine interest and helps you answer those technical questions more confidently.

Prepare for Scenario-based Questions

Expect scenario-based questions during your interview! They might dive into how you would handle specific insurance situations or customer complaints. Think about examples from your studies or past experiences where you demonstrated problem-solving and customer service skills. They're looking for how you approach issues in a practical setting.

Focus on Your Learning Potential

As a trainee, your eagerness to learn is key. Be ready to discuss what excites you about the insurance field and how you plan to grow within the role at Steamship Insurance Management Services. Highlighting your adaptability and willingness to learn will make a great impression.

Show Your People Skills

Insurance is all about building relationships, whether it's with clients or colleagues. Prepare to share experiences where you’ve effectively communicated or worked as part of a team. Remember, your soft skills are just as important as your technical knowledge in this industry!