We are recruiting for a Financial Lines Junior Claims Adjuster on behalf of a well-known Lloyd's and London Market insurer with a strong international reputation.
The successful candidate will report to the Department Claims Manager and provide full claims handling activities in respect of claims emanating from the Financial Lines portfolio, including Cyber, Directors & Officers Liability, Financial Institutions and Commercial Crime and Professional Indemnity.
Key Responsibilities
- Reviewing and analysing claims when first presented to the Syndicate and / or Insurance Company.
- Considering and taking decision on coverage of a claim, including referral to senior management where appropriate.
- Considering all aspects of the claims including liability and likely quantum, and appointing Adjusters, Lawyers or other service providers.
- Setting and maintaining appropriate reserve at the earliest possible juncture throughout the life of the claims.
- Managing claims through their life to settlement on most favourable terms or, where appropriate, trial or other formal dispute resolution process.
- Keeping management abreast of all developments on significant claims and referring all claims in accordance with referral criteria.
Key Requirements
- A Level / Graduate educational level.
- One or more years of experience working in Claims within a Lloyd’s or Company environment.
- Financial Lines experience is desirable but other Lines of Business will be considered.
- Working towards or completed CII qualifications.
- Extensive knowledge of wordings and key claims issues likely to arise in this business segment.
- Has strong IT skills.
- Has strong analytical, and decision making ability.
Salary – Salary Dependent on Experience + Excellent Benefits
For more information, please call 0203 805 5541 or upload your CV below.
We do not retain any personal information without your permission. Please refer to our data protection policy for more information.