Full-Time

Legal Expenses Claims Handler

Posted on 10/25/2024

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Fintech
Financial Services

Entry, Junior

Manchester, UK

Opportunity to join claims team in Manchester or Croydon office.

Category
Legal
Legal & Compliance

You match the following Markel's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Exceptional communication skills are required, together with a skill for evaluating legal documents.
  • Enquiring and inquisitive, with the ability to identify areas of challenge and to articulate reasoned arguments to legal professionals.
  • Excellent time management skills, in order to adhere to demanding service level standards and maintain an active case load.
  • Legal training, preferable a law degree
  • Previous Insurance experience within claims handling would be preferable
  • Good understanding of the legal industry
Responsibilities
  • A Claims Handler provides an efficient claims handling services to all customers by responding to LEI claims using excellent written and call handling skills, in line with department service standards and internal/external service level requirements.
  • Claims Handlers will handle claims from start to conclusion, which involves investigating the validity of a claim and, where a claim is accepted, maintaining a regular review of its validity. This includes negotiating cost funding with solicitors and managing their costs to ensure compliance with policy terms and conditions.
  • The Claims Handler will regularly liaise with solicitors, barristers, accountants, insurance brokers, and directly with policyholders.
Desired Qualifications
  • Previous Insurance experience within claims handling would be preferable
  • Legal training, preferable a law degree

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles such as yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and continuous improvement, encouraging employees to innovate and adapt to changing market demands. The company's goal is to lead in their industry by understanding customer needs and providing high-quality service while fostering a supportive work environment.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

1930

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for cyber insurance aligns with Markel's investment in Perseus Technologies.
  • Growing interest in ESG factors enhances Markel's environmental pollution coverage offerings.
  • Expansion of the gig economy presents opportunities for Markel to develop niche products.

What critics are saying

  • Increased competition in specialty insurance could erode Markel's market share.
  • Climate change-related claims may lead to higher payouts, impacting profitability.
  • Global economic uncertainty may affect investment returns crucial for Markel's financial health.

What makes Markel unique

  • Markel specializes in hard-to-place risks for niche markets like agriculture and equine.
  • The company offers unique coverage options such as event cancellation and inland marine.
  • Markel's investment in cybersecurity and tax insurance diversifies its specialty offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Hybrid Work Options

Employee Stock Purchase Plan

INACTIVE