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Marine Claims Manager

Reed
Posted 12 days ago, valid for a month
Location

London, Greater London EC2V7NQ, England

Salary

£45,000 - £70,000 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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  • Salary: Competitive salary based on experience.
  • Experience Required: Prior experience in managing marine claims, with a focus on yacht claims.
  • Location: City of London
  • Job Type: Full-time
  • Benefits: Hybrid working model with flexibility, opportunity for career progression within a reputable Lloyd’s broker, supportive work environment with scope to shape and develop the role, comprehensive benefits package.
Marine Claims Manager
  • Location: City of London
  • Job Type: Full-time

An exciting opportunity has arisen for a Claims Manager to join a specialist Lloyd’s of London broker based in the City. This role offers the chance to be part of a small yet knowledgeable team, managing a growing portfolio of UK and international business, with a primary focus on international yacht claims. The successful candidate will have the opportunity for career growth and to eventually oversee a larger claims department.

Day to Day of the role:
  • Handle yacht claims from First Notification of Loss (FNOL) to settlement.
  • Maintain an effective reserving policy and manage claims payments efficiently.
  • Build and maintain strong relationships with insurers, the internal yacht team, and producers, ensuring transparency in the progress of claims.
  • Manage claims within an agreed threshold and liaise with insurers for claims above the threshold for notification, approval, and payment.
  • Communicate actively with the Finance department regarding claims settlements on behalf of insurers.
  • Shape, implement, and deliver a claims strategy in association with the Management Team.
  • Manage effective monthly and quarterly reporting to the Management Team, including accurate monthly claims bordereau production.
  • Provide knowledge and oversight of the yacht portfolio to advise on underwriting.
  • Raise Debit Notes/Invoices and Credit Notes on the in-house company system.
  • Manage the workload of the part-time yacht claims assistant and others as the team grows.
  • Address any other ad-hoc requirements needed by the company to support the claims function.
Required Skills & Qualifications:
  • Prior experience in managing marine claims, with a focus on yacht claims.
  • Understanding of both the international market and Lloyd’s markets.
  • Ability to prioritise and delegate effectively.
  • Strong relationship management skills.
  • Excellent communication and organisational abilities.
  • Ambitious, open-minded, and ready to take on a growing role within the company.
Benefits:
  • Competitive salary based on experience.
  • Hybrid working model with flexibility.
  • Opportunity for career progression within a reputable Lloyd’s broker.
  • Supportive work environment with scope to shape and develop the role.
  • Comprehensive benefits package.

To apply for this Claims Manager position, please submit your CV.

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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.