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Claims Advocate (North American)

Aston Charles Ltd
Posted 14 hours ago, valid for 9 days
Location

London, Greater London EC1R 0WX

Salary

£35,000 - £42,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A boutique practice in North America is seeking a Financial Lines Claims Advocate to manage a caseload of losses, particularly in Professional Indemnity and Directors & Officers claims.
  • Candidates should have a solid understanding of Financial Lines claims, which can come from a broking, adjusting, insurer, or legal background.
  • The role requires excellent communication, stakeholder-management, and analytical skills, with an emphasis on relationship-building with US-based colleagues and partners.
  • A competitive salary along with a bonus and a flexible benefits package, including a market-leading pension arrangement, is offered.
  • The position is ideal for individuals with experience in the London Market claims handling protocol and processes.

When the biggest firms in the US suffer a major loss, it can make front page news across the globe. This is a rare chance to play a key role in obtaining satisfactory conclusion to claims on behalf of some of the largest and best-known firms on the planet.This boutique practice has forged an enviable reputation across North America as the 'go to’ intermediary for London Market placement for several niches, and now arranges the a significant portion of US based business placed into London.Accordingly, it has handles a number of losses originating in the US and for US domiciled businesses that are placed into the London Market. Due to the continued acquisition of blue chip clients (many of which have significant financial lines exposures), the need has arisen for an additional Financial Lines Claims Advocate to join the team.Here, you will be responsible for managing a caseload of losses spanning the Financial Lines niche, albeit biased towards Professional Indemnity and Directors & Officers claims. This is a highly technical role; much more involved than similar-sounding roles at some competing brokers - operating at C-suite level, you will dictate and present the best claims resolution strategy, performing analysis of coverage related issues, as well as providing guidance on coverage. You will use your negotiation and influencing skills to secure your clients the best possible outcome in the event of a loss, keeping all stakeholders abreast of all developments throughout the claim lifecycle.It is essential that you have a solid understanding of Financial Lines claims, although this can be gained in a broking, adjusting, insurer or legal environment. Ideally this will include a knowledge of the London Market claims handling protocol and processes (including being proficient in the use of ECF and Class etc). You must also have excellent communication, stakeholder-management and internal networking skills, including the ability to forge strong relationships with colleagues and partners based in the United States. You should also have excellent analytical skills, and be able to interpret and relay various MI, such as claims trends etc.In return, you will receive a generous basic salary plus bonus and a flexible- benefits package that can be tweaked to suit your personal circumstances, including a market-leading pension arrangement.Aston Charles - a personalised service from industry experts

General Insurance and Financial Services Recruitment

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.