Head of Financial Lines Claims

Head of Financial Lines Claims - Salary - Competitive

Aviva Global Corporate & Specialty has ambitions to significantly grow the Financial Lines portfolio over the next 5 years across both Company Market & Lloyd's Platform. We're looking for a high performing experienced Head of Financial Lines Claims to help build a unique market leading Claims proposition to underpin this ambition , w hile delivering exceptional customer outcomes and top-tier indemnity performance .

About the Role:

You will lead a growing F inancial L ines claims teams which comprises a number of highly experienced claims professionals with deep experience across PI, ML/Crime , M&A, FI, Cyber , and exposure to Surety and Legal indemnity . You r responsibilities will include managing settlement costs, overseeing large loss emergence, ensuring reserve accuracy, and achieving outstanding claims outcomes in line with regulations and business objectives. Y ou will provide strategic guidance and oversight , design and deliver the F inancial Lines claim propositions and set the appropriate claims strategy to support growth and improve customer outcomes. You will offer strategic advice to senior leadership on financial claims matters . You will develop and maintain strong relationships with our broker partners and largest client s to support the g rowth ambition s .

Skills and Experience Required:

• Extensive Knowledge: Deep understanding of F inancial Lines claims (with specific expertise in Financial Institutions and D&O claims), market practices and trends and relevant legislation, enabling strategic decision-making and direction . Lloyds of London and London Market experience is also essential along with e xtensive experience of handling high-value, complex and high-profile claims.

• Leadership and Direction : Exceptional leadership abilities, p rovid ing strong direction to the team, ensuring compliance with regulations and industry standards while achieving business objectives , with a particular focus on Lloyd's and the London M arket. Proven track record of effective senior stakeholder management and extensive experience of operating at a senior management level.

• Strategic Development and Implementation : Develop and implement effective claims handling strategies, offering strategic counsel to senior leadership and aligning with Aviva's overall objectives to maximi s e commercial outcomes. Oversee budgeting, forecasting, and performance management, ensuring targets are met and promoting continuous improvement within the team.

• Collaboration and Representation : Collaborate with senior leadership on claims strategy and proposition, risk management and indemnity initiatives, while maintaining high visibility and representing the organi s ation in Major and Complex claim related matters.

• Innovation and Continuous Improvement : Stay updated with industry trends and best practices, fostering a culture of innovation, collaboration, and continuous improvement, and reporting on departmental performance to senior management.

What you'll get for this role:

Our purpose - with you today, for a better tomorrow - is a promise we make to our colleagues too . And one of the ways we live up to that promise is by investing in you . We have so much to offer when it comes to being an Aviva colleague.

• Starting salary competitive (depending on location, skills, experience, and qualifications)

• Bonus opportunity - Actual amount depends on your performance and Aviva's.

• Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.

• 29 days h oliday plus bank holidays, and you can choose to buy or sell up to 5 days

• Make your money go further - Up to 40% discount on Aviva products , and other retailer discounts

• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme

• Brilliantly supportive policies including parental and carer's leave

• Flexible benefits to suit you, including sustainability options such as cycle to work

• Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others

• We take your wellbeing seriously with lots of support and tools

Take a look to learn more . Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We're inclusive and welcome everyone - we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don't , we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working - spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here .

We interview every disabled applicant who meets the minimum criteria for the job. Once you've applied, please send us an email stating that you have a disclosed disability, and we'll interview you.

We'd love it if you could submit your application online. If you require an alternative method of applying, please send an email to vivien.gergaly@aviva.com.

Location: London, GB

Posted Date: 11/27/2024