A widely respected Lloyd's Broker have an exciting opportunity within their Global Real Estate & Construction division for an experienced Claims Executive to join their Real Estate team. In this role you will provide claims handling services to an allocated portfolio of clients while supporting the overall claims service provision to our clients, and supporting associates within the team.Applicants should have excellent technical claims experience and an understanding of the relevant classes of business (Property and/or Real Estate) with a strong knowledge of the London Market.Key Responsibilities:Managing Real Estate claims to conclusion, liaising effectively and appropriately with the client, insurer, loss adjuster and any other interested party.Provision of advice on the application of policy cover and the necessary documentation/information required to progress the claim.Negotiating with insurers to achieve the most beneficial and cost-effective settlement for the client.Negotiating with insurers to ensure reserves are realistic and appropriateEnsuring claims are registered and appropriately updated on our systemsAttending internal and external meetings as required.Report any major or sensitive claims to Account Executive responsibleUnderstand the appropriate claims notification and investigation procedures applicable to each class of insuranceUnderstand the insurance programme and service plans for an allocated portfolio of clients and document client specific claim handling arrangements for internal purposesProvide feedback for insurer review meetings and actively contribute to the development of relationshipsBuild and nurture close, long-lasting relationships by developing a constantly expanding network of client, insurer, lawyer and loss adjuster contactsProvide management information as requestedMaintain records on internal systems and pro-actively perform claims cleansesMaintenance of a diary system for outstanding workloadPrepare and maintain client claim experiencesUndertake specific tasks as directed by management, adhering to agreed project plans and timescales.
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Real Estate Claims Executive
Harrison Holgate
Posted a day ago, valid for a month
London, Greater London EC1R 0WX
£36,000 - £43,200 per annum
Full Time
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Sonic Summary
- A leading Lloyd's Broker is seeking a Claims Executive for their Global Real Estate & Construction division.
- The role requires excellent technical claims experience, particularly in Property and/or Real Estate, with a strong understanding of the London Market.
- Candidates should have a minimum of 3 years of relevant experience in claims handling.
- The position offers a competitive salary in the range of £50,000 to £60,000 per year.
- Key responsibilities include managing claims, negotiating settlements, and building relationships with clients and insurers.