Claims Adjuster – Financial Lines
Job Location:
Monthly Salary:
Experience Required:
Posted on:
30+ days ago
Posted on:
Vacancies:
1 Vacancy
Vacancies:
Job Summary
We are recruiting for a Claims Adjuster Financial Lines on behalf of a leading Lloyds Syndicate.
Key Responsibilities
- Adjusting a portfolio of Professional Lines claims to include FI D&O and E&O.
- Setting up and authorising claim payments within specified authority.
- Negotiating and settling claims within specified authority.
- Preparing claim correspondence on questions of coverage and claim value within specified authority.
- Handling and managing all claims in accordance with current internal claims procedures / Lloyds Claims Minimum Standards.
- Managing vendors such as defence and coverage counsel.
- Managing recoveries within authority.
- Working with underwriters to provide updates evaluate exposures and assist with development of policy wordings and other contractual documents.
- Working with senior management of Claims Accounting and Underwriting.
Key Requirements
- Up to 5 years of handling lead and follow claims in both the Company and the Lloyds markets.
- ACII and other insurance related courses or certificates are an advantage.
- Good understanding of Professional Lines policy wordings.
- Good knowledge of London market and European claim environments.
- Some experience handling US claims would be an advantage.
- Some experience handling International claims.
- Good oral and written communication skills as well as organisational skills.
- Good knowledge of the Microsoft Office Suite.
- Knowledge of Genius TRAX Open Box and ECF would be advantageous.
- 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.
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