Senior Claims Adjuster - Financial Lines
Posted 5 hours 47 minutes ago by Claims Recruitment Services
Permanent
Full Time
Other
London, United Kingdom
Job Description
We are recruiting for a Senior Claims Adjuster - Financial Lines, on behalf of a leading London Market Insurer.
Key Responsibilities
- Handling standard and complex claims on Financial Lines policies.
- Inputting and maintaining accurate claims records, including reserves and payments, for designated accounts.
- Processing standard and complex indemnity and expense payments.
- Preparing cases for settlement of claims through payment or denial.
- Producing management information reports, such as monthly major claims movements.
- Preparing referral documentation and materials as appropriate.
- Reporting loss information internally and externally.
Key Requirements
- Experience of handling traditional UK Professional Indemnity claims is key for the role. Knowledge of D&O and FI claims is advantageous.
- Solid experience in handling Corporate or Specialty line claims, with a focus on Financial Lines claims.
- Preferably a degree in Law or another appropriate discipline, along with a professional insurance qualification.
- Good understanding of the legal and regulatory framework.
- Understanding of relevant legal processes and procedures, litigation management, and avoidance techniques.
- Knowledge of reserving principles and practices; robust understanding of coinsurance and reinsurance and their application.
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