Loss Management Executive in Birmingham
Loss Management Executive

Loss Management Executive in Birmingham

Birmingham Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
WTW

At a Glance

  • Tasks: Deliver high-quality claims advocacy and manage client relationships effectively.
  • Company: Join a leading insurance firm focused on innovation and client success.
  • Benefits: Enjoy 25 days leave, private healthcare, and hybrid working options.
  • Other info: Dynamic work environment with opportunities for professional development and community engagement.
  • Why this job: Make a real impact in client retention and business growth while developing your skills.
  • Qualifications: Experience in UK commercial insurance claims and strong communication skills required.

The predicted salary is between 40000 - 50000 £ per year.

The Loss Management Executive is responsible for delivering a high-quality claims advocacy service across a portfolio of clients. This role acts as the primary point of contact for general and strategic claims matters, ensuring efficient account management through excellent client service and the delivery of innovative technical, service, and commercial solutions. The role plays a key part in client retention, revenue generation, and new business acquisition by providing a differentiated and value-added claims offering.

The Role

  • Client Relationship Management
    • Develop a strong understanding of each client’s business, insurance arrangements, and risk exposures.
    • Identify client claims needs and deliver tailored, innovative solutions that enhance service quality.
    • Design and coordinate claims service solutions, collaborating with insurers, claims handlers, TPAs, loss adjusters, legal advisers, and other specialist providers.
    • Analyse and report on claims performance, including executive summaries, scenario analysis, and claims triangulation, and present findings to clients at senior level.
    • Lead meetings relating to complex or contentious claims, ensuring effective coordination of all relevant stakeholders.
  • Business Development
    • Support the delivery of business growth targets through proactive engagement in the claims element of the sales process.
    • Contribute to the retention, development, and profitability of existing client relationships.
    • Actively support renewals and tenders by providing innovative claims solutions and ensuring effective ongoing claims programme management.
    • Identify mid-term revenue opportunities arising from claims activity, such as major losses or claims defensibility initiatives.
  • Operational and Service Delivery
    • Agree service specifications with Account Directors to ensure client needs are met while maintaining account profitability.
    • Deliver end-to-end claims service in line with agreed policies, procedures, and service standards.
    • Support revenue budgeting, forecasting, and monitoring with relevant stakeholders.
    • Prepare and manage claims-related documentation, including claims handling agreements, service levels, delegated authorities, and run-off or exit arrangements.
    • Manage the performance and quality of service delivered by claims teams, account teams, and key external suppliers.
    • Act as a technical referral point where appropriately qualified, under the guidance of senior technical colleagues.
  • Claims Strategy and Market Engagement
    • Develop and implement claims strategies aligned to the client’s insurance history, claims profile, and risk financing approach.
    • Provide claims analysis and statistics to support renewals, tenders, and market presentations.
    • Attend internal client review meetings and provide comprehensive claims insights to support retention and broking strategies.
    • Build strong working relationships with Client Relationship Directors, Account Directors, and Account Executives to ensure effective market access.
  • General Responsibilities
    • Support the organization's operational governance and risk management processes.
    • Maintain all relevant qualifications and Continuing Professional Development (CPD).
    • Keep knowledge current regarding industry sectors, claims trends, and insurance market developments, sharing expertise with colleagues.
    • Undertake any other duties appropriate to the role and level of responsibility.

Qualifications

  • Significant, hands-on experience in UK commercial insurance claims, with a strong emphasis on major and complex losses.
  • Deep technical knowledge of insurance products, policy wordings, and insurance market practices.
  • Proven experience in Property Damage claims within complex loss environments.
  • Excellent interpersonal and communication skills, with the ability to influence and build credibility with senior internal and external stakeholders.
  • A strong client advocacy approach, with a track record of delivering consistently high levels of service.
  • Experience operating within structured claims processes, systems, and governance frameworks.
  • Professional insurance qualifications such as ACII, CII, or CILA are preferred, or equivalent relevant industry experience.

What we offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company. We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@wtwco.com

Loss Management Executive in Birmingham employer: WTW

As a Loss Management Executive at WTW, you will thrive in a dynamic work environment that prioritises client advocacy and innovative solutions. With a robust benefits package including 25 days of annual leave, private healthcare, and hybrid working options, WTW fosters a culture of professional growth and personal wellbeing. Join a team that values your contributions and supports your career development while making a meaningful impact in the insurance industry.
WTW

Contact Detail:

WTW Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loss Management Executive in Birmingham

✨Tip Number 1

Get to know the company inside out! Research their values, recent news, and their approach to claims management. This will help you tailor your conversations and show that you're genuinely interested in being part of their team.

✨Tip Number 2

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!

✨Tip Number 3

Prepare for those tricky interview questions! Think about how your experience aligns with the role of a Loss Management Executive. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills.

✨Tip Number 4

Don’t forget to follow up after your interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.

We think you need these skills to ace Loss Management Executive in Birmingham

Client Relationship Management
Claims Advocacy
Analytical Skills
Communication Skills
Problem-Solving Skills
Business Development
Claims Strategy Development
Technical Knowledge of Insurance Products
Experience in Property Damage Claims
Interpersonal Skills
Knowledge of Claims Processes and Governance
Ability to Influence Stakeholders
Attention to Detail
Project Management

Some tips for your application 🫡

Know Your Stuff: Before you start writing, make sure you understand the role of a Loss Management Executive inside out. Dive into the job description and highlight key responsibilities and qualifications that match your experience. This will help us see how you fit right in!

Tailor Your Application: Don’t just send a generic CV and cover letter! Tailor your application to reflect how your skills and experiences align with the specific needs of the role. Use the language from the job description to show us you’re the perfect match.

Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just listing duties. Use numbers and examples to illustrate how you've successfully managed claims or improved client relationships. We love seeing concrete results!

Apply Through Our Website: Make sure to apply through our website for the best chance of getting noticed. It’s super easy, and we want to ensure your application lands directly in our hands. Plus, it shows us you’re keen on joining our team!

How to prepare for a job interview at WTW

✨Know Your Clients Inside Out

Before the interview, make sure you research the company’s clients and their specific needs. Understanding their business, insurance arrangements, and risk exposures will help you demonstrate your ability to deliver tailored solutions during the interview.

✨Showcase Your Technical Knowledge

Brush up on your knowledge of insurance products, policy wordings, and market practices. Be prepared to discuss your hands-on experience with complex losses and how you've successfully navigated challenging claims situations in the past.

✨Demonstrate Strong Communication Skills

Practice articulating your thoughts clearly and confidently. Use examples from your previous roles to illustrate how you've influenced stakeholders and built credibility with clients. This will show that you can effectively manage client relationships.

✨Prepare for Scenario-Based Questions

Anticipate questions that may require you to analyse claims performance or lead discussions on complex claims. Think about how you would present findings to senior clients and be ready to showcase your analytical skills and strategic thinking.

Loss Management Executive in Birmingham
WTW
Location: Birmingham

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