At a Glance
- Tasks: Manage claims and provide loss prevention advice to members and the board.
- Company: Leading marine insurance association with a focus on member support.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Dynamic role with travel opportunities and a supportive team environment.
- Why this job: Make a real impact in the marine insurance sector while developing your expertise.
- Qualifications: 5+ years in marine claims, strong knowledge of shipping and insurance law.
The predicted salary is between 60000 - 75000 £ per year.
The Managers are responsible to the Hellenic Executive Board and Member’s Committee “Memco” for provision of claims and loss prevention advice both to the Board/ Memco itself and to the wider membership.
The Claims and Loss Prevention Team advise the Board/ Memco on claims and loss prevention matters, manages claims brought by Members under their insurance cover with the Association and shares loss prevention information and advice with the Membership.
The role is to assist the Claims and Loss Prevention Director and, in their absence, assume responsibility for the Claims and Loss Prevention functions including supervision of any Claims Executives.
Claims
Management and supervision of War claims and casualty response.
Be available to deal with urgent claims out of working hours.
Stakeholder management during and after the claim including crew, ship owners, Directors, external advisors, brokers and reinsurers.
Supplier management including benchmarking and cost control (legal, crisis response consultants, extraction and repatriation consultants and intelligence providers).
Prepare agenda items on claims for board meetings and advisory committees.
Assist with advice to Memco and/or advisory committees on the exercising of discretion on claims.
Provide advice to Members on claims.
Liaise with reinsurance brokers on claims recoveries.
Maintaining accurate and timely claims records in core systems.
Assist in the organising annual loss prevention seminar for Members, target fleets and brokers.
Liaise with third party intelligence providers.
Develop, maintain and manage client relationships with Members including travel (mainly Greece) for Member visits.
Understand the Associations’ reinsurance arrangements, contracts and commercial sensitivities.
Ensure familiarity with war risks market and the advantages of and threats to the Associations.
Minimum of 5 years’ War or other classes of marine claims experience.
Able to take a commercial approach to problem solving
Shipping law, insurance law and good general shipping knowledge.
Interaction between war risks insurance and other areas of marine insurance including P&I, Hull & Machinery, FD&D.
Cargo and charter party claims and their interaction with war claims.
- Geopolitical trends and influence on risk
- Reports to: Claims and Loss Prevention Director
Monday to Friday, 09:30 – 17:30, based in London Head Office (flexible, 3 days office based).
Senior Claims Executive (Permanent) in City of London employer: Thomas Miller
As a Senior Claims Executive at our esteemed Association, you will be part of a dynamic team dedicated to providing exceptional claims and loss prevention advice to our members. We pride ourselves on fostering a collaborative work culture that values professional growth, offering opportunities for continuous learning and development, particularly in the vibrant maritime sector of Greece. With a commitment to employee well-being and a supportive environment, we ensure that our team is equipped to handle challenges effectively while making a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Executive (Permanent) in City of London
✨Dive Into Industry Networking Events
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We think you need these skills to ace Senior Claims Executive (Permanent) in City of London
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 Thomas Miller.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Thomas Miller. 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 Thomas Miller
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Thomas Miller 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 Thomas Miller, 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 Thomas Miller'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.
