Senior Claims Adjuster - Financial Lines - London

Key Responsibilities

• Managing Financial Institutions, Professional Indemnity, Solicitors Professional Indemnity and Directors & Officers claims.
• Assisting management with the supervision and development of more junior team members and new starters outside of the immediate claims team.
• Developing, communicating and executing claims strategies, taking into account uncertainties, key decisions, potential outcomes and estimated associated costs.
• Reviewing individual claims within the portfolio and keeping reserves and records up to date as required.
• Identifying issues and trends in the portfolio and taking appropriate and/or corrective action.
• Keeping Finance advised of any material claims as set out in the claims authority, protocols and procedures.
• Providing input to Underwriters on review of potential or existing insured’s claims experience.
• Reporting and analysing claims trends and developments and their potential impact on the book.
• Operating within approved claims authority at all times.
• Monitoring TPAs, including bordereaux management, audits, etc.
• Ensuring CPD provisions of CII and IDD (Insurance Distribution Directive) are met.

Key Requirements

• At least 5 years' experience handling Professional / Financial Lines Claims.
• Excellent communication skills, with the ability to build strong relationships at all levels, both internally and externally.
• Dip CII and University Degree qualified.
• Proficient user of ECF.