Claim Professional 12 month contract
The Travelers Companies, Inc.
London, England, GBR
6d ago

Company Information

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees.

You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Target Openings

Job Description Summary

Under general supervision provides market leading expert claim handling in areas of investigation, evaluation, negotiation and resolution of assigned claims in accordance with the Company's policies, procedures, best practices and controls at all times on claims arising from Solicitors and other Professional Indemnity lines of business.

This job does not manage others.

Primary Job Duties & Responsibilities

  • Provides market leading claim service working closely with the Professional Risks Claim team and the broader business to deliver and enhance the claim offering.
  • Collaborates with Underwriting and Actuarial partners on portfolio, risk mitigation, policy language, and claim trends.
  • Partners with Underwriting to sell and market business and strengthen external client relationships.
  • Opens new claims and sets reserves; carries out early, appropriate investigations in respect of policy coverage, liability and quantum and provides legal assistance as necessary.
  • Negotiates settlement of claims and communicates on cover.
  • Ensures that vendors provide a market leading, cost effective service to both insured and the company by continually monitoring their performance, cost and quality.
  • Maintains a close working liaison with underwriters and risk management, and where appropriate, promotes the interests of Travelers by working with other business areas.
  • Works as a team member providing such support as required by other members of the team and fully participates in individual and shared project work.
  • Other duties as assigned.
  • Minimum Qualifications

  • Legal Degree / LLB (or equivalent) is required.
  • Some prior insurance related activity experience (, insurance operations, insurance broker).
  • Education, Work Experience, & Knowledge

  • Thorough experience and sound judgment handling Financial lines of business with a strong emphasis on Solicitors professional negligence claims.
  • Thorough technical expertise with proven track record managing key client accounts, addressing trends and issues affecting their business and mitigating risks and exposures preferred.
  • Licensing or Certificates

  • ACII or equivalent insurance certification preferred.
  • Job Specific Technical Skills & Competencies

  • Advanced communication skills.
  • Intermediate strategic planning.
  • Intermediate business perspective.
  • Intermediate ability to build collaborative relationships.
  • Intermediate openness to influence, flexibility.
  • Intermediate team work.
  • Advanced credibility.
  • Equal Employment Opportunity Statement

    Travelers is an equal opportunity employer.

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