Senior Risk Management Consultant - Professions in London

Senior Risk Management Consultant - Professions in London

London Full-Time 56700 - 69300 £ / year (est.) Home office (partial)
T

At a Glance

  • Tasks: Analyse claims data, advise clients on risk management, and present seminars.
  • Company: Join Travelers, a leading property casualty insurer with over 170 years of innovation.
  • Benefits: Enjoy private medical insurance, generous holiday entitlement, and a wellness programme.
  • Other info: Flexible hybrid work arrangements and opportunities for community involvement.
  • Why this job: Make a real impact by helping professional services firms manage their risks effectively.
  • Qualifications: University degree or CII certification, with knowledge of insurance and risk management.

The predicted salary is between 56700 - 69300 £ 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.

Target Openings

What Is the Opportunity?

We're looking for an enthusiastic and commercially minded Senior Risk Management Consultant to join our Professions team in London, working across a portfolio that spans solicitors, accountants, surveyors and engineers.

In this interesting and varied role, you'll analyse claims data to identify trends and recurring errors, advise clients on how to manage and mitigate their exposures, and work closely with underwriters to provide insight on risk and regulatory issues.

You'll be a confident communicator who thrives in front of an audience — whether that's presenting to insured firms on how to reduce their risk, organising and hosting client risk seminars, or engaging with professional bodies and third-party organisations.

If you're passionate about helping professional services firms understand and manage their risks more effectively, and come from a legal, underwriting, claims or risk management background we'd love to hear from you.

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?

  • Supports and develops the Travelers value added risk management proposition across the Professions portfolio.
  • Advises customers on risk management issues, by responding to requests for information and advice.
  • Coordinates visit requests from underwriters and proactively contacts in conjunction with fellow risk managers direct insureds (and non-direct cases via their broker) paying more than £10,000 premium to ensure they have been made aware of our risk management offering.
  • Visits customers- firms, either at their request or at the request of the underwriters, and prepares a report dealing with current risk exposure, claims history (if appropriate) and ways in which they could reduce risk.

This includes advising the underwriters as to the perception of future risk that the firm may present.

  • Researches and prepares written materials, including Gazette columns, items for the solicitor's bulletin, and any other articles that may be requested, either in house or for external publications.
  • Researches, prepares and presents seminars, in-house to customers at their request, or for external bodies such as local Law Societies, or other organisations (e. g.

CLT) as requested.

  • Researches, develops and prepares relevant materials (such as the Risk Management factsheets, best practice guides).
  • Assists the underwriters as requested with advice on legal or professional practice issues.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • University degree and/or Chartered Insurance Institute (CII) Certification.
  • Working knowledge of insurance/underwriting.
  • Working knowledge of organizational and regulatory rules, policies and procedures and effectively employs that knowledge in day to day work activities.
  • Intermediate Relationship Management: Seeks out, builds, fosters and maintains productive relationships or alliances to meet goals and achieve objectives.
  • Basic Business Perspective: Uses knowledge of internal and external factors that impact the Lloyd's Market to make decisions.
  • Intermediate Analytical Thinking/Financial

Acumen: Identifies current or future problems or opportunities, analyzes, synthesizes and compares information to understand issues, identifies cause/effect relationships, and explores alternatives to support sound decision making.

  • Intermediate Product/Technical: Demonstrates technical proficiency and application of knowledge commensurate to his/her experience.
  • Makes sound risk recommendations that are in the Company's best interests.
  • Intermediate Regulatory and

Compliance: Understands, adheres to, applies and enforces Corporate policies, procedures and standards, and complies with Travelers' regulatory obligations.

What is a Must Have?

  • General knowledge of risk management process.

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.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers. travelers. com/life-at-travelers/benefits/.

Senior Risk Management Consultant - Professions in London employer: Travelers

Travelers is an exceptional employer that prioritises the well-being of its employees through a robust wellness programme, generous holiday entitlement, and a commitment to community involvement. With a culture rooted in innovation and collaboration, employees are encouraged to grow professionally while enjoying the flexibility of hybrid work arrangements. Join us in a role that not only offers competitive benefits but also the opportunity to build meaningful relationships within the insurance industry.

T

Contact Details:

Travelers Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Risk Management Consultant - Professions in London

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 Travelers). 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 Travelers. 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 Senior Risk Management Consultant - Professions in London

Risk Management
Claims Analysis
Client Advisory
Communication Skills
Presentation Skills
Research Skills
Report Writing

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 Travelers.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Travelers. 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 Travelers

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Travelers 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 Travelers, 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 Travelers'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.