Senior Claims Adjuster
other jobs Claims Recruitment Services
Added before 11 Days
- England,London,City of London
- Full Time, Permanent
- Salary negotiable
Job Description:
We are recruiting for a Senior Claims Adjuster - Financial Lines on behalf of a leading Lloyd’s Syndicate.
The successful candidate will adjust a portfolio of Professional Lines claims including FI, D&O and E&O.
Key Responsibilities
*Setting up, investigating and authorising claim payments within specified authority.
*Reviewing incoming claim correspondence on existing claims.
*Preparing claims correspondence on questions of coverage and claims value.
*Instructing and managing experts.
*Negotiating and settling claims within specified authority and recommending reserves beyond authority.
*Reviewing and maintaining caseload.
*Drafting / amending declinatures and referring into the head of PL and / or European Head of Claims for approval.
*Managing and handling claims that fall outside any delegated authority.
*Carrying out aged file / static claims reviews as required.
*Proactively managing vendors, such as defence counsel and coverage counsel.
*Working with underwriters to provide updates, evaluate exposures, and assist with development of policy wordings and other contractual documents.
Key Requirements
*10+ years of financial lines complex claims handling experience on both Company and Lloyd’s platforms.
*Excellent policy wordings knowledge.
*Knowledge of the London Market is essential.
*Proven ability to work with senior management, claims / legal professionals, other insurers, brokers, affiliated companies and clients.
*Excellent technical skills; coverage / defence / reserving / file management / KPI’s.
*Ability to present well to senior management (Large Loss meetings etc).
*Some understanding of portfolio management and be able to interpret report on Claims MI and use EDW.
*Good knowledge of the MS Office, Genius, TRAX, Open Box, ECF2.
Keywords: Senior Claims Adjuster; Financial Lines; Lloyd’s Syndicate
We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information.
The successful candidate will adjust a portfolio of Professional Lines claims including FI, D&O and E&O.
Key Responsibilities
*Setting up, investigating and authorising claim payments within specified authority.
*Reviewing incoming claim correspondence on existing claims.
*Preparing claims correspondence on questions of coverage and claims value.
*Instructing and managing experts.
*Negotiating and settling claims within specified authority and recommending reserves beyond authority.
*Reviewing and maintaining caseload.
*Drafting / amending declinatures and referring into the head of PL and / or European Head of Claims for approval.
*Managing and handling claims that fall outside any delegated authority.
*Carrying out aged file / static claims reviews as required.
*Proactively managing vendors, such as defence counsel and coverage counsel.
*Working with underwriters to provide updates, evaluate exposures, and assist with development of policy wordings and other contractual documents.
Key Requirements
*10+ years of financial lines complex claims handling experience on both Company and Lloyd’s platforms.
*Excellent policy wordings knowledge.
*Knowledge of the London Market is essential.
*Proven ability to work with senior management, claims / legal professionals, other insurers, brokers, affiliated companies and clients.
*Excellent technical skills; coverage / defence / reserving / file management / KPI’s.
*Ability to present well to senior management (Large Loss meetings etc).
*Some understanding of portfolio management and be able to interpret report on Claims MI and use EDW.
*Good knowledge of the MS Office, Genius, TRAX, Open Box, ECF2.
Keywords: Senior Claims Adjuster; Financial Lines; Lloyd’s Syndicate
We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information.
Job number 3696755
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metapel
Company Details:
Claims Recruitment Services
Company size: 5–9 employees
Industry: General Insurance
At Claims Recruitment Services we are proud to deliver a consistent and continuous market leading recruitment service for claims professionals and ins...