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Claims Adjuster, Financial Lines

CFC

London

On-site

GBP 40,000 - 80,000

Full time

12 days ago

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Job summary

An established industry player is seeking a Claims Adjuster specializing in Financial Lines. This role involves managing claims from initial notification to settlement, ensuring high-quality service to stakeholders. You'll work closely with underwriters and vendors, providing insights on claims trends and product development. With a collaborative team culture, this position offers a chance to grow your career in insurance while enjoying a supportive work environment. If you're passionate about claims handling and customer service, this opportunity is perfect for you.

Qualifications

  • At least 2 years' experience in Financial Lines claims handling.
  • Good understanding of insurance policy wordings and legal requirements.

Responsibilities

  • Proactively handle property and casualty claims from notification to settlement.
  • Foster relationships with policyholders, brokers, and underwriters.

Skills

Claims Handling
Customer Service
Insurance Policy Knowledge
Communication Skills
Legal and Regulatory Understanding

Education

CII Certificate

Job description

Claims Adjuster, Financial Lines
CFC London, United Kingdom Apply now Posted 2 months ago Permanent Competitive
Claims Adjuster, Financial Lines
CFC London, United Kingdom Apply now

Claims Adjuster, Financial Lines

Department: Financial Lines Claims

Employment Type: Permanent - Full Time

Location: 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.

Job ID 6e74e173-6eee-43e1-8766-556a0d5357c8

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