At a Glance
- Tasks: Manage claims and restructuring cases in a dynamic finance and insurance environment.
- Company: Join Swiss Re, a global leader in reinsurance and innovative insurance solutions.
- Benefits: Enjoy a flexible workplace with opportunities for professional growth and development.
- Why this job: Be part of a diverse team that values fresh perspectives and innovative thinking.
- Qualifications: A legal or economic degree, or equivalent experience in claims and restructuring is required.
- Other info: Fluency in English is essential; knowledge of German or Spanish is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Do you like to work in a global and dynamic sector with knowledge leaders of your field? Does the world of finance and insurance fascinate you? Are you an experienced and ambitious finance professional looking for the next challenge? We are enlarging our Credit & Surety team by a Claims Specialist, and this could be your opportunity.
About the Role
As a Claims Specialist you are responsible for managing claims and restructuring cases for Credit & Surety: monitoring our watchlist, support restructuring and mitigation of loss, strategy and monitoring of consistency and adequacy in reserving and managing of claims, payment of claims and rejection of unjustified claims, collection and enforcement of recoveries and securities, timely and accurate reporting, including compliance with all best practice claims processes, group guidelines and local regulatory requirements
You are committed to support the development of technical expertise, training, knowledge sharing and lessons learned with respect to claims
You actively engage with customers, beneficiaries and key internal and external stakeholder, including key brokers, loss adjusters, law firms and service providers
You support growth initiatives and deliver on team targets including costs
You research and provide input on claim trends, data regarding claims, loss development, wording issues and any other information requested by other units within Swiss Re
About the Team
The Credit & Surety Claims Team EMEA is part of the Global Claims Unit within Swiss Re Corporate Solutions and responsible for efficiently supervising and managing the entire restructuring and claims management process of the Credit & Surety EMEA portfolio and supporting other regions. Our goals are to provide effective and efficient claims management resulting in the maximization of Swiss Re claims and legal positions and the minimization of the company\’s overall claim and loss liability while meeting contractual obligations and provide exceptional customer service to external and internal customers. This also includes the monitoring of the performance of an assigned portfolio against expectations, collaboration with other units and development of new and existing products and wordings. We meet clients to review the handling of individual losses as well as to gather client and market specific insights.
About You
- You hold a legal or economical University degree, or you have equivalent work experience
- You have claims and/or restructuring, bank and/or insurance related legal experience and a background in Credit & Surety with exposure to handling restructuring cases and claims and an understanding of reinsurance and insurance contracts and wordings
- You have financial and statistical acumen with understanding of reserving rationale and the resulting impacts
- You are a strategic and solution focused mind with the ability to solve complex problems
- You have experience in establishing positive and productive client relationships. You are a seasoned personality, a strong negotiator and a good listener with excellent presentation skills
- Working in a multi-cultural and cross-functional environment energizes you. Your communication and networking skills allow you to work with ease with colleagues and clients globally
- We are looking for a great teammate with strong interpersonal skills and a positive personality who likes to take initiative, is curious, has a can-do agile mind-set, and enjoys both working independently as well as in a team
- Excellent oral and written English skills; German and/or Spanish language skills advantageous
- Affinity to innovative technologies and data & analytics a big plus.
- Readiness to travel, if required
Are you curious to learn more about what we do, how we do it, and what your role could be? Contact us to find out.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Keywords:
Reference Code:134385 #J-18808-Ljbffr
Claims & Restructuring Specialist Credit & Surety (80-100%) employer: Swiss Re
Contact Detail:
Swiss Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims & Restructuring Specialist Credit & Surety (80-100%)
✨Tip Number 1
Familiarise yourself with the latest trends in claims management and restructuring within the finance and insurance sectors. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the Credit & Surety field, especially those who work at Swiss Re or similar companies. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your problem-solving skills and ability to manage complex claims. Highlighting these instances will set you apart as a strong candidate.
✨Tip Number 4
Stay updated on regulatory changes and best practices in claims management. Being knowledgeable about compliance will show that you are proactive and ready to contribute to the team’s success from day one.
We think you need these skills to ace Claims & Restructuring Specialist Credit & Surety (80-100%)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in claims management, restructuring, and financial analysis. Use specific examples that demonstrate your skills in these areas, particularly any experience with Credit & Surety.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, especially your ability to manage claims and engage with stakeholders.
Highlight Relevant Skills: Emphasise your strategic thinking, problem-solving abilities, and interpersonal skills. Mention any experience you have in a multicultural environment and your proficiency in English, as well as any additional languages like German or Spanish.
Showcase Your Knowledge of the Industry: Demonstrate your understanding of the finance and insurance sectors, particularly in relation to claims processes and regulatory requirements. Mention any innovative technologies or data analytics skills that could benefit the role.
How to prepare for a job interview at Swiss Re
✨Showcase Your Expertise
Make sure to highlight your legal or economic background, as well as any relevant experience in claims and restructuring. Be prepared to discuss specific cases you've managed and the strategies you employed to achieve successful outcomes.
✨Demonstrate Problem-Solving Skills
Since the role requires a strategic and solution-focused mindset, come prepared with examples of complex problems you've solved in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Engage with Stakeholders
The position involves working closely with clients, brokers, and other stakeholders. Be ready to discuss how you've built positive relationships in the past and how you approach negotiations and communication in a multicultural environment.
✨Familiarise Yourself with Industry Trends
Research current trends in the Credit & Surety sector, including recent developments in claims management and insurance practices. This will not only show your enthusiasm for the field but also your commitment to staying informed and proactive.