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Financial Lines Claims Underwriter

Posted 5 February by Eden James Consulting Ltd Easy Apply Ended

Financial Lines Claims Underwriter

London

£30,000 to £40,000

Our client, one of the biggest MGAs in the London market, is currently looking for a Financial Lines Claims Underwriter. The successful candidate will work to provide the best possible claims service to the company's underwriting partners, policyholders and brokers.

Responsibilities

  • Receive, manage and process claims in a timely and efficient manner, from first notice to closure.
  • Accurately assess liability and quantum of claims and technically analyse policy wordings.
  • Follow applicable reserving philosophy and claims standards, including adherence to contractual delegated authorities and service level agreements.
  • Assist in audits of Third Party Administrators (TPAs) in the UK and internationally.
  • Establish, analyse and report on claims KPIs to the Chief Legal, Risk Officer and Managing Director of Business Units as required, providing commentary and input into the overall Claims strategy.
  • Support the IT system / bordereaux process, ensuring you maintain data quality and accuracy.
  • Work with and manage vendors effectively.

Requirements

  • Previous Financial Lines claims experience is required.
  • Minimum of 18 months relevant claims experience.
  • Strong technical ability.
  • Law Degree / Qualification is preferred but not essential.
  • Ability to communicate (verbally and in writing) in other languages is preferred but not essential.

Reference: 33936774

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