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Senior Claims Adjuster – 28799

The Emerald Group

London

On-site

GBP 40,000 - 70,000

Full time

7 days ago
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Job summary

A leading insurance firm in London is seeking a Claims Manager to handle a complex and diverse portfolio of claims. This permanent role entails managing the investigation, assessment, and settlement of claims while ensuring compliance with industry standards and regulations. Candidates should possess proven claims handling experience and a solid understanding of insurance principles.

Qualifications

  • Proven claims handling experience within applicable business classes.
  • Sound understanding of insurance principles and regulations.
  • Ability to manage claims efficiently with a focus on strategy and outcomes.

Responsibilities

  • Manage inwards claims with respect to assessment, reserving, and settlement.
  • Formulate strategy for complex claims ensuring optimal outcomes.
  • Ensure accuracy of financials for claims managed.

Skills

Claims handling experience
Business knowledge
Understanding of FCA rules

Job description

This individual will be responsible for handling claims in a diverse and complex claims portfolio arising from (inter alia) their casualty, energy, marine liability, space, marine war, aviation (war and hull), political risks & credit, political violence & terrorism, product recall and XoL classes.

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

Key Duties (Including but not limited to):

  • Manage and adjust proactively inwards claims within your portfolio with respect to investigation, assessment, reserving, expense/ vendor management, and settlement in accordance with Claims guidelines and best practices.
  • Formulate strategy on high exposure, litigated, coverage, and complex claims to ensure optimal claim outcome and timely escalation.
  • Ensure the accuracy of financials for claims within your responsibility.
  • Proven claims handling experience within the applicable business classes
  • Sound business knowledge and understanding of: Underlying principles of insurance practice, Generic legal principles, FCA rules and regulations and Lloyd’s regulations
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