Our client, an expanding run‑off company, seeks a Reinsurance Claims Adjuster. The Claims Adjuster is responsible for ensuring the effective management and settlement of claims in Reinsurance Casualty, APH & Property, and for assisting with the development and execution of proactive claims‑management strategies. Applicants should have prior Reinsurance claims handling experience.
Key Duties and Responsibilities:
- Handle own case load; analyse critical data and factual reports; set appropriate reserves; assist in the negotiation of settlements directly with Cedants; and be comfortable with making and supporting own decisions.
- Update claims file by accurately capturing and updating claims data/information in compliance with best practices.
- Compile clear and concise written and verbal reports to senior management.
- Maintain good working relationships with all relevant parties – Cedants, Brokers, Co‑Reinsurers and Legal Representatives – in the handling and analysis of Cedant’s reinsurance claim exposures.
- Ensure all policy obligations are met and customers are treated fairly.
- Comply with all compliance requirements, maintain confidentiality at all times, and serve as company representative to model, enforce and abide by all company policies.
- Deliver on objectives set.
- Contribute to the team effort by accomplishing related results and participating in projects as needed.
- Contribute to profitable growth by providing risk insight, information and trends/emerging risks.
- Assist in the audits of Cedants and other parties as required, including due diligence.
- Liaise with actuarial, finance and operations teams, as required.
- Report as necessary to the Head of Claims any important developments, issues and trends.
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