Claims Executive

2 weeks ago

London, Greater London, United Kingdom Reed Full time
Yacht Claims Manager

Job Type:
Full-time - Hybrid

An exciting opportunity has arisen for a Yacht 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.
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.
Prior experience in managing marine claims, with a focus on yacht claims.
Competitive salary based on experience.
Hybrid working model with flexibility.
Opportunity for career progression within a reputable Lloyd's broker.
Comprehensive benefits package.
To apply for this Claims Manager position, please submit your CV.
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