At a Glance
- Tasks: Analyse claims data and provide insights to influence business decisions.
- Company: Join Travelers, a leading insurance company with a culture of innovation.
- Benefits: Enjoy competitive salary, private medical insurance, and generous holiday entitlement.
- Other info: Flexible hybrid work arrangements and opportunities for community involvement.
- Why this job: Make an impact in the insurance industry while working with data-driven insights.
- Qualifications: Experience in data management and Lloyd's delegated claims is essential.
The predicted salary is between 55000 - 65000 € per year.
Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
What Is the Opportunity? Travelers Europe is a leading insurance company, and we are seeking a talented and experienced Senior Delegated Claims Performance Insights Specialist to join our team in London or Redhill. The ideal candidate will have experience in Lloyd's delegated claims, data management, manipulation, trend analysis, and MI (Management Information) reporting.
Key responsibilities include:
- Managing the end-to-end bordereaux (BDX) process.
- Building reports using Excel or Power BI.
- Overseeing data capture for claims.
- Producing and evaluating management information.
- Providing insights to help underwriting teams manage portfolios.
- Supporting data-driven decisions.
- Creating and presenting MI reports to senior leaders.
- Influencing business decisions based on evidence.
- Developing a performance management framework.
- Collaborating with third parties.
- Ensuring data-driven insights guide strategic decisions.
Experience in bordereaux, MI, and the UK/Ireland specialty (Lloyd’s) insurance markets is essential. The ideal candidate will be creative, strategic, and skilled in presenting complex data to various stakeholders.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
What Will You Do? You will build relationships with key stakeholders to ensure their expectations are appropriately managed. You will be responsible for gathering and in-depth analysis of DA claim information. You will identify emerging trends through the gathering and review of DA claim data. You will understand how what is happening on the front line of DA Claims impacts other areas of the business. Responsible for implementation and maintenance of Travelers Delegated Data Standards. Ensure that Travelers Europe implements appropriate performance metrics to manage all DA underwriting contracts within Travelers Europe across all business units (across all MGAs and Lloyd’s coverholders). Support DA structuring including non-commercial terms of contracts, data requirements and reporting structures. Responsible for providing Claim MI and reporting on DA contracts’ performance to TRVE internal oversight and governance panels including DA Panel (DAP), Exposure Management Panel (EMP) and relevant Management Committees. Support Delegated monitoring and reporting, with responsibility for elements of Lloyd’s reporting. Responsible for driving data-first DA portfolio management including EPI / ELR Management, bordereaux MI and ongoing monitoring of 3rd party performance.
What Will Our Ideal Candidate Have?
- Previous experience of claim performance management and analytics.
- Good working knowledge and ability required in respect of analytical thinking, judgement, decision making, communication and strong teamwork.
- Demonstrates intermediate ability in the areas of positive interaction with claim, underwriters, internal and external auditors.
- Demonstrates advanced knowledge and ability in respect of Microsoft office systems including Word, Excel, and PowerPoint.
- Demonstrates advanced relationship management skills.
- Ability to work with people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives.
- Good knowledge of organisational and relevant regulatory requirements, policies, procedures.
- Experience of helping to manage Delegated Authority Claim support services.
- Experience of leading data management, performance MI and operational effectiveness for Delegated Authority Underwriting teams.
- Experience of Lloyd’s of London Delegated Authority Underwriting Regulatory Compliance and Minimum Standards.
- ACII qualification.
- Data Management based training qualification.
What is a Must Have?
- Proven experience in Data Management especially Bordereau Management.
- Previous experience in Lloyds and/or the London Market.
What Is in It for You?
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. Travelers reserves the right to fill this position at a level above or below the level included in this posting.
Senior Delegated Claims Performance Insights Specialist employer: The Travelers Indemnity Company
Travelers Europe is an exceptional employer, offering a collaborative and innovative work culture that prioritises employee well-being and professional growth. With flexible hybrid working arrangements, comprehensive benefits including private medical insurance, generous holiday entitlement, and a commitment to community involvement, employees are empowered to thrive both personally and professionally in the vibrant cities of London or Redhill.
Contact Detail:
The Travelers Indemnity Company Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Delegated Claims Performance Insights Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyd's or have experience in delegated claims. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by diving deep into the company culture at Travelers. Understand their commitment to innovation and collaboration, and think of examples from your past that showcase how you embody these values.
✨Tip Number 3
Showcase your data skills! Be ready to discuss how you've used data management and trend analysis in previous roles. Bring along examples of MI reports you've created, as this will demonstrate your ability to influence business decisions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Travelers team and contributing to our mission.
We think you need these skills to ace Senior Delegated Claims Performance Insights Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Delegated Claims Performance Insights Specialist role. Highlight your experience in Lloyd's delegated claims and data management, as these are key aspects of the job. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your experience with MI reporting and trend analysis – that’s music to our ears!
Showcase Your Analytical Skills:Since this role involves a lot of data manipulation and trend analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to influence business decisions in the past. We love seeing candidates who can think critically!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, you’ll get to explore more about our culture and values while you’re at it!
How to prepare for a job interview at The Travelers Indemnity Company
✨Know Your Data Inside Out
As a Senior Delegated Claims Performance Insights Specialist, you'll be dealing with a lot of data. Make sure you understand the intricacies of bordereaux management and can discuss your experience with data manipulation and trend analysis confidently. Brush up on your Excel and Power BI skills, as these will be crucial in showcasing your ability to build insightful reports.
✨Showcase Your Analytical Skills
During the interview, be prepared to demonstrate your analytical thinking and decision-making abilities. Think of specific examples where you've used data to influence business decisions or improve performance metrics. This will show that you not only understand the numbers but can also apply them strategically.
✨Build Relationships with Stakeholders
Since the role involves managing relationships with key stakeholders, come ready to discuss how you've successfully collaborated with different teams in the past. Highlight your advanced relationship management skills and how you've navigated diverse backgrounds and perspectives to achieve common goals.
✨Prepare for MI Reporting Questions
Expect questions about your experience with Management Information (MI) reporting. Be ready to explain how you've created and presented MI reports to senior leaders, and how those reports have influenced decision-making. Practise articulating complex data insights in a clear and concise manner, as this will be essential in your role.