Jobs
>
London

    Claims Manager - London, United Kingdom - The Emerald Group Ltd, Search and Selection

    The Emerald Group Ltd, Search and Selection
    The Emerald Group Ltd, Search and Selection London, United Kingdom

    1 week ago

    Default job background
    Description

    Job Description

    I am seeking an AVP, Claims Manager – Financial Institutions to join my clients London Specialty Wholesale Claims team.

    The successful candidate will be responsible for managing, performance managing and overseeing all aspects of their London Financial Institutions claims book. They will lead discussions on these matters with internal stakeholders (principally the Underwriting, Pricing and Reserving functions) and liaise with the wider corporate group internationally on issues related to Financial Institutions business and claims.

    The role will also involve the examination, analysis, reserving, negotiation and settlement of heavyweight Financial Institutions claims from cradle to grave. This includes the review of claims data and underwriting documentation to ascertain validity of losses notified. The individual is required to establish adequate reserves and make reserving judgements of potential anticipated losses in a timely and professional manner to meet levels of service expected by internal and external customers. The role requires that the candidate recognises contentious issues and where appropriate inform claims management to discuss legal obligations and/or remedies and take appropriate action, therefore ensuring that only valid claims are paid.

    The successful candidate will be actively involved in the negotiation of settlements, attending market meetings, and authorisation of claims, therefore must have good knowledge of London market processes. As well and adhering to all internally set Key Performance Indicators, the individual must comply with all regulatory requirements.

    Desired Skills & Experience

    The candidate needs to:

    • Be technically proficient and have a proven record of successfully handling heavyweight Financial Institutions claims. Other Product Line claims (including Management Liability and/or Financial & Political Risk) experience is desirable but not essential
    • Have a good understanding of the insurance industry
    • Be an effective and efficient communicator both orally and in writing
    • Participate in team discussions and help foster a collaborative team approach
    • Support senior members of the company in advancing their business wide goals
    • Adhere to existing procedures and think of creative and efficient ways of streamlining processes and procedures the clients International Claims Philosophy
    • Previous managerial experience is desirable but not essential although the candidate must show potential to grow into the role and a hunger to further their personal development

    Responsibilities include:

    • Manage and monitor the performance of the Financial Institutions claims book and present the same to management and other business units
    • Undertake leader obligations responsibly, thereby preserving and protecting my clients image as a respected leading underwriting entity
    • Examine claims data and underwriting documents to determine validity of notifications received against cover provided and establish premium payment status
    • Assist with claim reviews and audits at the offices of Coverholders, ceding companies, TPAs and other Insurers and to report on their compliance or otherwise with terms and conditions of risks written and their overall claims handling service
    • Establish adequate reserves for the estimated amounts of anticipated loss and/or adjustment and coverage expenses
    • Negotiate settlements and authorise claim payments in a professional and timely manner to meet the levels of service expected by the market, their customers and other stakeholders
    • Recognise contentious issues and, where appropriate, inform claims management to discuss legal obligations and/or remedies and take appropriate action
    • Inform claims leadership for onward reporting of any large or unusual losses in order that financial exposure can be fully evaluated and future corrective measures can be determined. This includes the drafting of Large Loss Notices in a timely manner for distribution around the business and the maintaining and updating of the company Claims Watchlist
    • Manage outsourced Coverholders and TPAs where appropriate to ensure that customers are receiving a good level of service from both their external and internal claims handlers
    • Maintain files and documentary evidence to create an audit trail of claim values into the computer system and through the books of the company
    • Conduct regular reviews of the claim portfolio to assess the adequacy of reserves being carried
    • Attend internal claim meetings, market meetings and seminars and to represent the company as and when required
    • Communicate with Underwriters and actuarial functions on losses of significant value and losses with issues of note where appropriate
    • Ensure that appropriate 'soft skills' are utilised in order to communicate with people internally and externally in an effective and professional manner, to actively encourage teamwork within both the claims department and the business as a whole and to aid in successful conflict resolution
  • High Finance (UK) Limited T/A HFG

    Claims Manager

    1 week ago

    High Finance (UK) Limited T/A HFG London, United Kingdom

    NEW ROLE: · Claims Manager - Financial Lines. · Lloyd's Syndicate - City of London. · Competitive Salary. · I am currently recruiting on behalf of a global Lloyd's Syndicate, who are looking to add a Claims Manager to lead their Financial Lines Team (FI, D&O, W&I, Transactional L ...

  • Eames Consulting

    Claims Manager

    1 week ago

    Eames Consulting London, United Kingdom

    I am currently working with a top Lloyd's syndicate who are looking for a Claims Adjuster to join their market leading Political Risks, Accident and Contingency team. · In this role, you will be responsible for managing and evaluating claims related to political risks and conting ...

  • Aston Charles Ltd

    Reinsurance Claims Manager

    1 week ago

    Aston Charles Ltd London, United Kingdom

    **Based in prestigious offices a minute's walk from Lloyd's, this boutique reinsurance broker has forged a fantastic reputation across the globe. Its client list includes insurance companies and broking houses based in almost every conceivable territory.Growing at an impressive r ...

  • Marsh

    Management Liability Claims Advocate

    1 week ago

    Marsh London, United Kingdom

    **R_ Management Liability Claims Advocate** · An opportunity has arisen to join our Management Liability Claims Team as a Claims Advocate where you will be responsible for delivering a comprehensive claims service to Marsh's management liability clients with a focus on technical ...

  • Harrison Holgate

    Financial Lines Claims Manager

    1 week ago

    Harrison Holgate London, United Kingdom

    Our client, an established TPA, seek a Senior Claims Adjuster to handle a case load of UK Professional Indemnity and D&O claims. PI areas covered include Solicitors, Architects, Surveyors and Accountants. Previous Professional Indemnity and/or D&O claimshandling experience is ess ...

  • Aspen Insurance Holdings

    Head of Claims Service Management

    1 week ago

    Aspen Insurance Holdings London, United Kingdom

    Reference: ASPUKRS00038 · , · Permanent - Full Time · **About us**: Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business pa ...

  • Douglas Scott Legal Recruitment

    Professional Indemnity Claims Manager

    1 week ago

    Douglas Scott Legal Recruitment London, United Kingdom

    Professional Indemnity Claims Manager - Defendant - £120k-£150k · An absolute fantastic opportunity has arisen for my client, who is a Top 10 UK Law Firm with a wide global reach, for a Professional Indemnity Claims Manager. · The role is to manage professional indemnity circumst ...

  • Aon

    Senior Claims Advocate, Crisis Management

    6 days ago

    Aon London, United Kingdom

    Can you bring proven expertise in handling a sophisticated portfolio of Crisis Management claims ? Are you driven to secure the best possible claims outcomes for a wide and varied portfolio of Global clients ? If so, then we'd love to hear from you in connection with this excitin ...

  • Aon Corporation

    Senior Claims Advocate, Crisis Management

    6 days ago

    Aon Corporation London, United Kingdom

    Posting Description: · **Senior Claims Advocate, Crisis Management** · Can you bring proven expertise in handling a sophisticated portfolio of Crisis Management claims ? Are you driven to secure the best possible claims outcomes for a wide and varied portfolio of Global clients ? ...

  • Bunn Abbott Consulting ltd

    Claims Manager-lloyds Syndicate, Re/insurer

    1 week ago

    Bunn Abbott Consulting ltd London, United Kingdom

    **The Company**: · Our client is a leading writer of Property & Casualty Re/insurance. For over 25 years, they have helped customers and communities recover and build resilience through their industry-leading ability to understand risk, source efficient capital and rapidlypay cla ...

  • High Finance (UK) Limited T/A HFG

    Claims Operations Manager

    1 week ago

    High Finance (UK) Limited T/A HFG City of London, United Kingdom

    New Vacancy: Claims Operations Manager. · Lloyd's MGA - City of London. · Salary £70,000 - £75,000. · A reputable and growing Lloyd's MGA are seeking a Claims Operations Manager, to manage and lead the Claims Operations function. · Relevant experience within a Claims Operations f ...

  • Claims Recruitment Services

    Claims Manager

    1 week ago

    Claims Recruitment Services Watford, United Kingdom

    **Claims Manager** · **Watford** · **£32,000 to £40,000 + Benefits** · Our client is a highly successful, growing and customer-centric disaster response business with a fast-paced environment, a company that cares about delivering quality over quantity, and ensuring the success a ...

  • Boxtree Recruitment

    Claims Manager

    3 days ago

    Boxtree Recruitment Hornchurch, United Kingdom

    Boxtree are currently working with a well-established insurance brokerage that are looking to appoint a Claims Manager to join their growing team of claims handlers, specialising in Property, Professional Indemnity, and Liability classes. They are lookingfor an experienced indivi ...

  • Investigo Limited

    Claims Manager

    1 week ago

    Investigo Limited London, United Kingdom

    Job Description · Company OverviewThis is a fantastic opportunity to join a specialist Lloyds of London Insurance Broker, working in their City of London office as the Claims Manager. You will be joining a small but knowledgeable team, who manage a growing portfolio of UK and int ...

  • Finitas

    Claims Manager

    1 week ago

    Finitas London, United Kingdom

    FI/PI Claims Manager - Lloyd's Broker - £DOE · Finitas are delighted to be partnered with a successful Lloyds broker to identify a Claims manager to head up the FI team as they increase their client offerings. · This role is unique in it's blend of technical aspects and also th ...

  • Finitas

    Claims Manager

    1 week ago

    Finitas London, United Kingdom

    Job Description · FI/PI Claims Manager - Lloyd's Broker - £DOE · Finitas are delighted to be partnered with a successful Lloyds broker to identify a Claims manager to head up the FI team as they increase their client offerings. · This role is unique in it's blend of technical asp ...

  • Spinnaker

    Claims Manager

    6 days ago

    Spinnaker London, United Kingdom

    Senior Claims Manager opportunity in London*** · In this role you'll have the autonomy to manage marine claims from beginning to end. This is a senior role which reports to the Head of Department and overseeing the work of a small claims team and deputising when the Head of Depa ...

  • Finitas

    Claims Manager

    1 week ago

    Finitas London, United Kingdom

    FI/PI Claims Manager - Lloyd's Broker - £DOE · Finitas are delighted to be partnered with a successful Lloyds broker to identify a Claims manager to head up the FI team as they increase their client offerings. · Strong experience with FI Claims · A successful candidate must ha ...

  • Finitas

    Claims Manager

    1 week ago

    Finitas London, United Kingdom

    Job Description · FI/PI Claims Manager - Lloyd's Broker - £DOE · Finitas are delighted to be partnered with a successful Lloyds broker to identify a Claims manager to head up the FI team as they increase their client offerings. · This role is unique in it's blend of technical ...

  • li

    Claims Manager

    4 days ago

    li London, United Kingdom

    Lime is the world's largest shared electric vehicle company. We're on a mission to build a future where transportation is shared, affordable and carbon-free. Our electric bikes and scooters have powered 400+ million rides in 250+ cities on 5 continents, replacing an estimated 100 ...