Senior Claims Associate

Location London
Discipline: Claims
Job type: Permanent
Salary: £90000 to £100000
Contact name: Matthew Gowan
Contact email:
Job ref: J3805
Published: 3 months ago
Senior Claims Associate £90,000 - £100,000 London – flexible hybrid working An international specialist Insurance Broker is planning to supplement expansive multi-faceted growth by seeking a Claims Associate to join the Claims team. Reporting to the head of M&A Claims, this individual will have responsibility to advise and handle on claims with a Financial lines focus in a M&A capacity across several jurisdictions, advising multiple stakeholders. They will also have additional responsibility to mentor and supervise junior team members. Key responsibilities & Accountabilities: • Autonomously administer clients’ claims in accordance with the relevant Company to achieve targets, develop the business and deliver an excellent and comprehensive service • Review and respond to incoming enquiries from clients, insurers and third parties • Review and prepare notifications, manage the claims process, consider coverage and deal with settlements • Create comprehensive and accurate documents detailing claim facts and coverage issues • Ensure up to date records are maintained at all times on the Company systems and ensure are filed correctly across all internal systems • Develop strong relationships with markets • Advise on policy wording improvements based on insurance law and claims experience • Record key claims statistics, compile statistical reports and communicate claims trends and developments. • Prepare and assist with internal training on claims and insurance law • Complete accurate claims administration tasks internally and on CLASS/ECF and delegate where appropriate • Ensure compliance with all applicable Company policies and procedures You will need to demonstrate you have the following skills and experience: • Experienced Insurance solicitor (5-10 years PQE) / experienced claims handler preferred with financial lines claims experience, preferably completed secondment if not already part of claims team • Efficient and time effective advice on policy cover, interaction with sale and purchase agreement • Internal Networking skills • IT skills: Microsoft Office Suite, Global XB and ECF (desirable). • Able to undertake and demonstrate competence in technical training, as required by the industry regulator • Thorough understanding of the general principles of UK insurance and contract law • Technical knowledge FCA regulations details relating to insurance intermediaries.