Senior Claims Adjuster FinPro

We are recruiting for a Senior Claims Adjuster - FinPro on behalf of a leading Lloyds Syndicate.

The successful candidate will adjust a portfolio of FinPro claims including PI FI and D&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.
  
• Team management responsibilities.
• 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 PI/FI/D&O complex claims handling experience on both Company and Lloyds 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 / KPIs.
  
• 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.