At a Glance
- Tasks: Manage and adjust a portfolio of Professional Lines claims in a dynamic environment.
- Company: Leading insurance firm based in London with a strong reputation.
- Benefits: Competitive salary, career progression, and a supportive team culture.
- Other info: Opportunity to work in the heart of London's insurance market.
- Why this job: Join a pivotal role in shaping the future of professional indemnity claims.
- Qualifications: 10+ years of experience in complex claims handling and excellent technical skills.
The predicted salary is between 60000 - 80000 £ per year.
Adjusting a portfolio of Professional Lines claims to include FI, D&O, E&O.
Location: London
Category: Claims
Type: Permanent
Key Duties (Including but not limited to):
- Set up, investigate and authorize claim payments within specified authority.
- Review incoming claim correspondence on existing claims, formulate response and create workflows.
- Prepare claims correspondence on questions of coverage and claim value within specified authority.
- Instruct and manage experts (i.e. lawyers, counsel, experts) as required.
Requirements:
- 10+ years of professional indemnity complex claims handling experience on both Company and Lloyd’s platforms.
- Excellent policy wordings knowledge.
- Knowledge of London market essential.
- Excellent technical skills – coverage/defence/reserving/file management/KPI’s.
AVP – Professional Lines – 29246 employer: The Emerald
As an AVP in Professional Lines at our London office, you will join a dynamic team that values expertise and innovation in claims management. We offer a collaborative work culture that fosters professional growth through continuous learning and development opportunities, alongside competitive benefits tailored to support your well-being. Our commitment to excellence in the London market ensures that you will be part of a leading organisation that prioritises both employee satisfaction and client success.
StudySmarter Expert Advice🤫
We think this is how you could land AVP – Professional Lines – 29246
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like The Emerald). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like The Emerald. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace AVP – Professional Lines – 29246
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Emerald.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Emerald. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Emerald
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Emerald to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Emerald, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Emerald's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
