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Head of Large Loss – Claims


Description

A leading Insurance organisation are seeking a Head of Large Loss across Financial Lines, to handle and manage large loss Claims.

Salary: £100,000pa

Location: London, Hybrid working

The Role

  • Primary responsibility is to handle and manage large loss claims arising on policies underwritten across multiple jurisdictions in accordance with agreed Claims policies and procedures

  • The responsibility extends from, handling a small, varied portfolio of complex and high value claims, as well as offering advice, direction and oversight to the extended Claims team and to any delegated authority provider, through to liaison with the Reinsurance Department and reinsurers as necessary

  • To oversee the effective management and monitoring of large and complex claims and personal injury claims to control indemnity spend and case reserving within the terms of insurance policies issued by the company.

  • Work closely with Head of Claims Operations and Delegated Authority to support TPA / MGA performance and effective resolution of recommended actions arising from claims audits undertaken

About You

  • Professional Membership
    – FCII or ACII
    – LLB / 5 PQE+ (Dual-qualified within UK and Ireland advantageous but not essential)
  • Proficient knowledge of the claims environment and be an experienced claims practitioner with relevant UK and /or Irish regulatory experience
  • Extensive experience handling a variety of major loss commercial claims
  • Experience of mediations and running cases to trial
  • Experience handling legacy / run-off claims as well as having superior negotiation skills
  • Experience in account reviews, audits, and commutation negotiations
  • Location: London / hybrid working
  • Salary: £100,000 pa

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