Claims Advocate – Financial Lines – 28893

The Emerald Group; Chelmsford, London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading claims management firm is seeking an experienced professional to manage a portfolio of Financial Lines claims. The role involves leading the claims process, conducting data analysis, and negotiating with various stakeholders. Ideal candidates will have experience with D&O and PI claims, along with familiarity with claims processing systems. This position is permanent and located in Chelmsford.

Qualifications

• Experience dealing with claims from First Notification of Loss to resolution.
• Knowledge of Financial Lines, D&O and PI coverage analysis.
• Can coordinate discussions with clients, underwriters, and experts.

Responsibilities

• Lead the claims process collaborating with global financial institutions.
• Conduct data analysis to identify trends in claims.
• Negotiate with markets, clients, and appointed authorities.

Skills

Claims process leadership

Data analysis

Negotiation skills

Knowledge of Financial Lines

Experience with D&O and PI claims

Tools

CLASS Processing system

ECF Processing system

Job description

In this exciting role, you will be primarily responsible for the management, strategy and process for the notification, agreement, collection and successful settlement of a portfolio of Financial Lines claims

• Location: London/Chelmsford
• Category: Claims
• Type: Permanent

Key Duties (Including but not limited to)

• Working with large financial institutions from all over the world, you will lead the claims process collaborating with their network offices
• First notification of loss for D&O, PI and Crime claims
• Negotiation and liaison with markets, clients, placement teams, specialists, network offices, underwriters and appointed authorities (loss adjusters, lawyers etc)
• Conduct data analysis to establish the claims history for a particular client or business portfolio, and to identify trends and patterns in claims for a client or business segment
• Experience Dealing with claims from First Notification of Loss to resolution
• Knowledge of Financial Lines, D&O and PI coverage analysis with the confidence to coordinate and initiate discussions with their networks, clients, underwriters and experts
• Experience of the CLASS and ECF Processing system (preferable)
• Can be from either a Broker or Insurer background