Average Claims Executive salary in London

A widely respected P&I Club seek a Claims Executive to join their growing team.You will provide claims handling assistance to the team within all aspects of P&I and FDD operations and in accordance with company Claims Handling and Defence (FDD) Instructions and routines.The successful applicant will have relevant work experience at a law firm or P&I Club and will ideally be an England and Wales Qualified Solicitor (Preferably 2-3 years PQE). This will be a hybrid role. Duties and ResponsibilitiesProvide research and assistance for high quality and clear legal advice to Members and Clients, and to manage their claims efficientlyOffer support and assistance in cases of high complexity or large exposureHelp build strong relationships with Members and Brokers. Assist with promoting the company in the market and participate in marketing efforts. Actively participate in seminars, gatherings and events.Suggest and initiate measures designed to increase cost-efficiency in FDD claims handling.Stay up to date on legal developments specifically relevant to FD&D.Provide general legal assistance to the Business Unit (underwriting - for ex. clauses and contracts - and claims).

Our client who is a Lloyds Broker is looking for a Senior Claims Executive to join their expanding Claims department in the London, City office. The purpose of the role is to assist the International Property Claims team due to an increased workload. Main Duties: Handle claims from cradle to graveAct as key point of contact between clients and insurersDeal with complex claims effectivelyWork closely with clients dailyCreate comprehensive claims documentations and deal with claims and settlementsPresent claims to Underwriters while dealing with any queries that ariseMaintain any ongoing delegated authority contracts appropriately and cost effectivelyAct as a point of referral for junior staff Essential Skills Required: Previous experience within a Claims roleStrong understanding of InsuranceKnowledge of handling Property ClaimsExcellent knowledge of the claims handling processStrong IT skills Desirable: Good organisation skillsExperience handling International Property claims What you need to know: Permanent roleBased in London - hybrid 2 days in the officeSalary between £45,000 - £55,000A great opportunity to join a growing organisation with lots of training and development opportunities.A very inclusive and fair opportunities employer REF: 9802 Interested? Please apply today and we will contact you by return. MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector. MW Appointments is acting as an Employment Agency in relation to this vacancy.

Senior Claims Executive Job Market - Insurance Claims Senior Claims Executive - About the role A key liaison between the client and the insurer, you will ensure that claims are administered in line with the expected standards, regulatory requirements and that an excellent service level is maintained. Senior Claims Executive - Key duties Presents claims to underwriters, dealing with queries, providing feedback and responding appropriately to clients, insurers and relevant internal departments. Reviews and prepares correspondence regarding notifications and claims to ensure that products and cover best meet the client’s risk requirements, business objectives and compliance requirements. Keeps clients and insurers advised of developments relating to notifications and claims, liaising with third parties as vital. Investigates and resolves queries from clients etc, following these through to resolution and keeping all parties advised throughout the process. Manages assigned projects and contribute to other projects as the need arises Provides relevant management information to senior management Develops positive relationships with markets Negotiate with markets to achieve the best outcome for the client Maintains any ongoing delegated authority contracts appropriately and efficiently Create comprehensive claims documents. Ensure up to date records are maintained at all times on the Group systems Interprets instructions and issues arising, and then implement actions according to policies and procedures Senior Claims Executive - Key requirements It would be an advantage if the jobholder has previous Claims based experience (ideally with an international broker), but this is not crucial. Good understanding general principles of insurance. Good understanding of London market operations (Lloyd’s and company markets) Good knowledge relating to claims-handling process. Understanding of broking and underwriting process. Awareness of the regulatory environment and requirements. Good level of communication and interpersonal skills including, written, verbal and face to face Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances. A copy of our D&I policy can be made available upon request.