Marine Claims Adjuster

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About Everest:

Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating through subsidiaries in North America Latin America the UK & Ireland Continental Europe and Asia Pacific regions. Throughout our history Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs mentoring opportunities flexible work arrangements and Colleague Resource Groups.

Opportunity:

Reporting to the Marine Claims Manager UK & I the individual will investigate evaluate and resolve attritional and complex high-value Marine claims underwritten from the UK on our Syndicate and Company platforms. In addition they will provide oversight and management of third-party administrators (TPAs) adjusters lawyers and other external experts with a wide degree of latitude for independent judgment. The individual will contribute across the organisation by providing input advice and review to underwriters and actuaries participate in onboarding and stewardship meetings with customers and influences operations.

Everest underwrite various classes of marine business and the successful candidate will have the opportunity to develop technical skills to adjust Hull Liability and Fine Art and Specie losses.

Key Responsibilities include but not limited to:

• Highly developed analytical and claims adjusting skills

• Experienced in handling a variety of Marine claims through different classes (Hull Cargo Liabs FAS & War)

• Strong knowledge in at least two or more Marine classes and the associated modes of transport involved

• Review and analyse coverage and prepare appropriate coverage position letters and work collaboratively with underwriters to support policy construction and drafting reporting claim trends data analysis and risk assessments

• Ability to review analyse investigate and evaluate liability and damages subrogation and recovery.

• Management and direction of outside lawyers including reviewing and approving legal and/or expense budgets and bills

• Ability to manage direct and audit independent vendors (loss adjusters TPAs lawyers)

• Preparation of case summary reports related to matters of significant reserve activity and effective communication to key stakeholders

• Timely and appropriate setting of claim reserves

• Development and execution of claim strategies as well as resolution strategies

• Negotiation and resolution of claims including the attendance at trials mediations and settlement discussions

• Participate in claim reviews quarterly claims reserving meetings claim audits and peer reviews and stewardship meetings

• Identify issues and trends in the portfolio; take appropriate and/or corrective action where necessary; communicate insights and trends to underwriters insureds and brokers

• Effective communication and collaboration with internal stakeholders (Claims Leadership Underwriters Finance Actuaries Ceded Reinsurance) and externally with insureds co-insurers brokers TPAs reinsurers and vendors

• Attend client meetings and industry functions to support retention and development of client business and broker relationships

• Performing similar work-related duties as assigned

Qualifications Education & Experience:

• The ideal candidate will have Marine claims experience and current working knowledge of jurisdictional laws and regulations

• Ability to evaluate coverage issues involving a wide variety of loss scenarios

• Strong analytical and organisational skills

• Excellent verbal and written communication skills

• Strong negotiation and investigation skills

• Ability to think strategically

• Self-directed and organised

• Ability to influence others and resolve complex disputed claims

• In-depth knowledge of the litigation arbitration and trial process

• Ability to identify and use relevant data and metrics to best manage claims

• Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency

• Ability and willingness to present to senior management and to others in other group settings

• Knowledge of the insurance industry claims process and legal and regulatory environment

• ACII qualified degree educated professional is preferrable

• Experience with a global insurance company working across multiple underwriting platforms jurisdictions and markets

• Good working understanding of London Market claims systems (ECF IMR Trax)

What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

• Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

• Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.

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