Senior Claims Adjuster – Professional Lines
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development career training and mentoring programs.
Our people are our most important asset and we are very proud of the quality of our team members.
Key Responsibilities:
- Adjusting a portfolio of Professional Lines claims to include FI D&O and E&O.
- Set up and authorize claim payments within specified authority.
- Negotiate and settle claims within specified authority.
- Reserve in accordance with our Claims philosophy.
- Prepare claim correspondence on questions of coverage and claim value within specified authority.
- Handle and manage all claims in accordance with current internal claims procedures/Lloyds Claims Minimum Standards in place and comply with agreed key performance indicators.
- Vendor Management to be able to proactively manage vendors such as defence and coverage counsel.
- Manage recoveries within authority.
- Work with underwriters to provide updates evaluate exposures and assist with development of policy wordings and other contractual documents where required.
- Work with senior management of Claims Accounting and Underwriting.
- Perform internal and on site claim audits if required.
- Prepare claim and statistical reports as required.
- Assist in management projects as required
You will have:
- 5years of handling complex and high value lead and follow claims in both the Company and the Lloyds markets.
- University degree preferred - Insurance related courses or certificates are an advantage.
- Strong understanding of Professional Lines policy wordings.
- Strong knowledge of London market and European claim environments.
- Some experience handling US claims.
- Some experience handling International claims.
- Excellent oral and written communication skills (oral and written) as well as organizational skills.
- Good knowledge of the Microsoft Office Suite.
- Knowledge of Genius TRAX Open Box and ECF would be a plus.
- The ability to work well and thrive in a team environment is key.
- Proven ability to work with senior management claims/legal professionals other insurers brokers affiliated companies and clients.
- A resilient self-starter who can immediately handle a diverse range of claims and responsibilities.
- Excellent organizational skills and the ability to work on multiple tasks concurrently.
Working at Allied World
Our team of over 1600 professionals has deep expertise in the industry. They enjoy their work and many have served for several years. This is what you can expect when you join us:
- Instant membership in the Allied World team a global network of colleagues who will support your career journey
- A manager who will help you build your career through a structured coaching program
- Access to a full suite of learning and development tools and resources
Global Presence
We are headquartered in Bermuda with offices in Atlanta Boston Brisbane Chicago Costa Mesa Dallas Dublin Farmington (CT) Hong Kong Houston Labuan London Los Angeles Manchester Miami Nashville New Jersey New York Philadelphia San Francisco Singapore Sydney Toronto and Zug.
Our Business
Allied World Assurance Company Holdings Ltd through its subsidiaries is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Allied World is an equal opportunity employer. Subject to applicable law all qualified applicants will be considered for employment without regard to race color religion or belief gender age disability military service marital or civil partnership status family status sexual orientation ethnic or national origin genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.
To learn more visit or follow us on LinkedIn at Experience:
Senior IC
Key Skills
- Load & Unload
- Organizational skills
- Financial Concepts
- Fraud
- Math
- Mediation Experience
- Pricing
- Conflict Management
- Workers' Compensation Law
- Medicare
- negotiation
- Workers' Compensation
About Company
Allied World Assurance Company Holdings assures its clients that everything is well insured. In the US its insurance products include general property/casualty coverage as well as specialty products such as environmental, health care, and professional liability coverage targeted to sm ... View more
