At a Glance
- Tasks: Manage complex P&I claims and provide expert advice to Members.
- Company: Dynamic marine insurance company with a focus on collaboration.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Other info: Engage in training events and build strong relationships with Members.
- Why this job: Join a team where your expertise makes a real difference in the marine industry.
- Qualifications: Experience in claims handling and marine insurance is essential.
The predicted salary is between 50000 - 65000 £ per year.
To handle a caseload consisting of P&I matters and to provide advice to Members.
- Investigate, analyse, assess, negotiate and resolve a range of P&I claims, including high value and complex matters, in accordance with procedures and guidelines, taking into account the interests of both the Member and the Clubs, and to record accurate estimates for the same.
Respond to Member queries on non-claims related matters such as contract reviews and operational queries.
- Work with a high degree of independence but seek advice where appropriate from both P&I Senior Claims Directors and the Syndicate Manager.
- Regular participation in and contribution to internal training events, claims forum meetings, publications etc.
- Develop productive relations with Members through handling claims, account management, Member visits, seminars and entertainment.
- Develop and manage relationships with suppliers including entertainment of Correspondents.
- Liaise effectively with underwriting, loss prevention and management teams to ensure all internal stakeholders are kept fully advised of claim and Member developments.
- Comply with internal reporting guidelines and prepare board agenda papers for both Clubs as required.
- Case and member-related travel, sometimes at short notice.
- Participate in the mobile duty rota.
- Key Requirements
- Experienced in handling claims and in marine insurance and shipping law, and will understand the interplay between the various stakeholders, and have good relations with a variety of members and brokers.
- To become familiar with the Clubs’ members ensuring familiarity with their ship types, trades and commercial operations and requirements.
- To rapidly become fully familiar with the Rules of both Clubs and with internal procedures and policies.
- Able to work independently but willing to seek guidance where appropriate and to demonstrate a track record of successful claims management and member appreciation.
- Able to demonstrate an understanding of issues which affect the clubs, including finances and regulatory matters.
- Able to regularly contribute to internal meetings e. g. claims forum, syndicate meetings.
- A strong negotiator, and able to work with and manage suppliers.
- A proven team player and effective at developing and managing relationships both internally and externally.
- Enthusiastic, self-motivated and of sound judgement.
- To become fully familiar with all of the Clubs’ IT systems.
- #J-18808-Ljbffr
Senior Claims Executive in Newcastle upon Tyne employer: UK P&I Club
UK P&I Club is an exceptional employer located in the heart of London, offering a dynamic work culture that fosters collaboration and innovation within the Data & Analytics team. Employees benefit from comprehensive professional development opportunities, including mentorship roles for junior colleagues, and enjoy a supportive environment that values their contributions to impactful insurance analytics. With a commitment to employee well-being and a focus on meaningful work, UK P&I Club stands out as a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Executive in Newcastle upon Tyne
✨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 UK P&I Club). 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 UK P&I Club. 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 Claims Executive in Newcastle upon Tyne
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 UK P&I Club.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at UK P&I Club. 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 UK P&I Club
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at UK P&I Club 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 UK P&I Club, 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 UK P&I Club'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.
