£80K/yr to £110K/yr
London, England
Permanent, Variable

Claims Manager - Cyber

Posted by Claims Recruitment Services.

Claims Manager - Cyber

London

Negotiable Salary + Excellent Benefits

We are proud to partner with a Lloyd's Syndicate and leading global Cyber insurer to bring this opportunity for a Cyber Claims Manager to the market.

Working with multiple international teams, stakeholders and management, your responsibilities will include:

  • Management of the Cyber portfolio including the handling of a caseload of complex & high profile Cyber Claims often which make the headlines in global news & media.
  • Management of the Cyber Claims team, their performance and development.
  • Oversight and strategic planning of TPAs & Coverholders relationships, working closely with the Head of on various issues, improvements & projects.
  • Work closely with the Underwriting team in a collaborative way to ensure business plans are met.
  • Monitoring the profitability of the Cyber account, reviewing the actual versus expected and ensure that there is meaningful claims input into monthly tracking meetings and quarterly reserving meetings, and to flag areas of the claims portfolio that are underperforming to underwriters, actuaries and management.
  • You will demonstrate and ensure effective, appropriate and meaningful collaboration between you and your team, and key internal customers including underwriting, actuarial, outwards reinsurance, finance, senior management, catastrophe management, risk, compliance, operations, HR and all other stakeholders.

Experience required:

  • Lloyd's claims scheme and related claims handling systems.
  • Coverholder management and oversight.
  • A proven track record of effective management of Cyber claims demonstrating a high level of technical competency.
  • Knowledge of key issues affecting the Cyber insurance market.
  • Team leadership and development.
  • Delivering results under pressure and prioritising workloads effectively.

What's on offer:

An attractive basic salary based on experience (complete transparency on salary will be given to you during your first call with our managing consultant). A comprehensive benefits package that focuses on your whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

Keywords: Claims Manager; Cyber Claims; Cyber Insurance; London Market; Lloyd's Market; Lloyd's Syndicate

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