Claims Adjuster, Financial Lines

CFC; City Of London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading insurance firm in London is seeking a Claims Adjuster for Financial Lines. The role involves handling insurance claims, fostering relationships with stakeholders, and ensuring excellent customer service. Candidates should have at least 2 years of claims experience and a good understanding of insurance policies. This position offers a dynamic work environment focused on teamwork and development.

Qualifications

• At least 2 years of claims handling experience in Financial Lines Claims.
• Good understanding of insurance policy wordings and legal requirements.
• Team player with great communication skills.

Responsibilities

• Handle property and casualty claims from notification to settlement.
• Foster relationships with policyholders, brokers, and underwriters.
• Ensure prompt and accurate reserving of claims.

Skills

Claims handling experience

Communication skills

Understanding of insurance policy wordings

Education

CII Certificate

Job description

Claims Adjuster, Financial Lines

Department: Claims

Employment Type: Permanent - Full Time

Location: GB - London

Reporting To: Margaret Murphy

Description

We are looking for an experienced claims professional focusing on Financial Lines claims to further strengthen our claims team and to ensure that we continue to deliver a high-quality claims service to policyholders, brokers, underwriters and capacity providers. Not only will you be handling Financial Lines claims, but you will have had exposure to Directors & Officers (D&O) / Employment Practices Liability (EPL) / Financial Institutions (FI) / Warranty & Indemnity (W&I).

About the role

The Claims Adjuster (Financial Lines) key responsibilities will include but not limited to:

• Proactively handle property and casualty claims on behalf of CFC’s capacity providers from first notification of loss to settlement within the scope of CFC’s delegated authorities.
• Foster good relationships with policyholders, brokers, underwriters and capacity providers, and drive excellent customer service.
• Actively work with a panel of response vendors during claims incidents.
• Ensure that there is prompt and accurate reserving, identifying and pursuing relevant third party recoveries and seeking to reduce claims leakage.
• Working closely with underwriters providing feedback on claims issues/trends and the Products team concerning the development of CFC’s products and wordings.

About you

• At least 2 years’ claims handling experience in Financial Lines Claims
• Good understanding of insurance policy wordings, knowledge of legal and regulatory requirements specific to Lloyd’s, MGAs and the Financial Ombudsman
• An interest in pursuing a career in insurance and developing associated skills and knowledge.
• One of our core values is “Have fun, be good” – you will be a team player with great communication skills, and we expect you will love working alongside our experienced and supportive team.
• CII Certificate preferred

Core Values

Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.

Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.

Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.