At a Glance
- Tasks: Lead the Third Party Management Claims team and manage claims vendor strategies.
- Company: Swiss Re is a global leader in reinsurance and risk management, fostering resilience worldwide.
- Benefits: Enjoy flexible working options and a supportive, inclusive culture that values diverse perspectives.
- Why this job: Join a dynamic team driving innovative solutions in claims management with global impact.
- Qualifications: 5+ years in Claims Vendor Management; insurance experience preferred but not mandatory.
- Other info: Open to candidates returning from career breaks; we value your unique journey.
The predicted salary is between 43200 - 72000 Β£ per year.
We are excited to invite applicants to join a diverse team from different regions sitting in Third-Party Management Claims team. We offer a flexible working environment where curious and adaptable people thrive. We are flexible on the location of the right candidate.
About the Role
As a direct report to the Head Third Party Management, you will closely collaborate primarily with Corporate Solutions Claims and Property & Casualty Reinsurance (P&C Re) and Global Clients & Solutions (GC&S) teams focusing on claims service providers (excluding law firms). The aim of the role is to drive an efficient and effective claims external service providers management program, collaborating with the Group\’s global claims departments, that deliver differentiated services and propositions in clearly defined customer segments.
β’ Leadership of Third Party Management Claims Pillar
β’ Responsible for Swiss Re Group wide Claims Vendor Strategy, working closely with Claims Leadership across all business divisions
β’ In conjunction with Compliance and Risk, develop the TPM Claims vendor risk framework
β’ In conjunction with Legal, develop and implement the Global Contracting Strategy for all key claims vendor types
β’ Responsibility for Group Claims ebilling strategy, including the ownership and ongoing management of ebilling providers
β’ Negotiate contracts, terms & conditions and rates for non-legal panel vendors as determined by CLE contracting strategy
β’ Drive data quality improvement initiative as well as reporting metrics in place to better steer VM spend portfolio
β’ Provide ad-hoc support to Claims in relation to non-panel preferred vendors
β’ Build and maintain relationship with strategic vendors
β’ Work closely with Third Party Management on implantation of Delegated Authority vendors
About the Team
The Third Party Management Claims leverages value and buying power across Swiss Re Group, by supporting business units with the onboarding of claims outside counsel (legal firms and other claims service providers). The team works with its peer team Third Party Management to ensure Outsourcing arrangements for External Claims Service Providers are appropriately governed (identified, triaged, assessed, including appropriate due diligence, contract wordings and ongoing support with governance and oversight).
The Third Party Management Claims team is part of the Global Business Solutions (GBS) division, focusing on a strong partnership with Business Units and Group Functions.
About You
We are seeking a self-aware strong communicator, able to challenge current structure and processes. An ideal candidate can establish trust through open, clear communication and empower others through effective knowledge sharing.
β’ Minimum 5 years Claims Vendor Management experience required
β’ Minimum 3 years within insurance industry, familiar with risk and compliance topics (nice to have)
β’ Solid knowledge of international claims vendor requirements and regulations
β’ Strong social skills, including excellent command of English
Nice to have:
β’ Leadership and people management experience
β’ University degree or equivalent preferred, but not required with targeted work experience
β’ MCIPS qualifications desired
If you are a committed collaborative colleague willing to help, we will be happy to get to know you!
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.#LI-Hybrid
About Swiss Re
Swiss Re is one of the worldβs leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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:134548 #J-18808-Ljbffr
Lead Third Party Management Claims (80-100%) employer: Swiss Re
Contact Detail:
Swiss Re Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Lead Third Party Management Claims (80-100%)
β¨Tip Number 1
Familiarise yourself with the latest trends and regulations in claims vendor management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
β¨Tip Number 2
Network with professionals in the insurance industry, particularly those involved in claims management. Attend relevant events or join online forums to build connections that could provide insights or even referrals for the role.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed vendor relationships in the past. Highlight your negotiation skills and any strategies you've implemented to improve service delivery or reduce costs.
β¨Tip Number 4
Showcase your leadership abilities by discussing any experiences where you've led teams or projects. Emphasising your capacity to empower others and drive collaboration will resonate well with the hiring team.
We think you need these skills to ace Lead Third Party Management Claims (80-100%)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your relevant experience in claims vendor management and the insurance industry. Use specific examples that demonstrate your leadership skills and knowledge of risk and compliance topics.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your ability to build relationships with strategic vendors.
Highlight Key Skills: Emphasise your strong communication skills and ability to challenge existing processes. Provide examples of how you've empowered others through knowledge sharing in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Swiss Re
β¨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Lead Third Party Management Claims role. Familiarise yourself with the key responsibilities, such as managing claims service providers and developing vendor strategies. This will help you articulate how your experience aligns with their needs.
β¨Showcase Your Communication Skills
As a strong communicator, it's essential to demonstrate your ability to establish trust and empower others. Prepare examples from your past experiences where you successfully communicated complex ideas or led a team through challenges.
β¨Highlight Relevant Experience
With a minimum of 5 years in Claims Vendor Management, be ready to discuss specific projects or initiatives you've led. Emphasise your familiarity with risk and compliance topics, as well as your knowledge of international claims vendor requirements.
β¨Prepare Questions for the Interviewers
Engage your interviewers by preparing thoughtful questions about the team dynamics, the company's approach to vendor management, and how they measure success in this role. This shows your genuine interest and helps you assess if the company is the right fit for you.