We are recruiting for a Senior Claims Adjuster - FinPro on behalf of a leading Lloyd’s Syndicate.
The successful candidate will adjust a portfolio of FinPro claims including PI, FI and D&O.
Key Responsibilities
- Setting up, investigating and authorising claim payments within specified authority.
- Reviewing incoming claim correspondence on existing claims.
- Preparing claims correspondence on questions of coverage and claims value.
- Instructing and managing experts.
- Negotiating and settling claims within specified authority and recommending reserves beyond authority.
- Reviewing and maintaining caseload.
- Drafting/amending declinatures and referring into the head of PL and/or European Head of Claims for approval.
- Team management responsibilities.
- Managing and handling claims that fall outside any delegated authority.
- Carrying out aged file/static claims reviews as required.
- Proactively managing vendors, such as defence counsel and coverage counsel.
- Working with underwriters to provide updates, evaluate exposures, and assist with development of policy wordings and other contractual documents.
Key Requirements
- 10+ years of PI/FI/D&O complex claims handling experience on both Company and Lloyd’s platforms.
- Excellent policy wordings knowledge.
- Knowledge of the London Market is essential.
- Proven ability to work with senior management, claims/legal professionals, other insurers, brokers, affiliated companies and clients.
- Excellent technical skills; coverage/defence/reserving/file management/KPI’s.
- Ability to present well to senior management (Large Loss meetings etc).
- Some understanding of portfolio management and be able to interpret report on Claims MI and use EDW.
- Good knowledge of the MS Office, Genius, TRAX, Open Box, ECF2.
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