Senior Financial Lines Claims Adjuster

Posted 13 September by Eden James Consulting Ltd
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Senior Financial Lines Claims Adjuster

London

Up to £65,000

Our client, one of the biggest MGAs in the London market, is currently looking for a Senior Financial Lines Claims Adjuster. 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 data quality and accuracy is maintained.
  • Work with and manage vendors effectively.

Requirements

  • Minimum of 5 years Financial Lines claims experience, including UK claims experience.
  • Strong technical ability, with end-to-end knowledge of the Insurance process and claims management.
  • Professional Indemnity claims experience is essential. Ideally, candidates will have additional D&O experience, and Financial Institutions experience is also preferred.
  • Solicitors will also be considered, but will need to have in-house experience.
  • A Law Degree is welcomed, but is not essential criteria.

Keywords: Claims Underwriter; Financial Lines; Financial Lines Claims; Professional Indemnity Claims; D&O Claims; Financial Institutions Claims;

Reference: 35335677

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