Senior Reinsurance Claims Adjuster

HFG Insurance Recruitment; City Of London; On-site; GBP 10,000 - 40,000; Full time

Job summary

An established industry player is seeking a Senior Claims Adjuster to join their dynamic Reinsurance team in the heart of London. This exciting role involves evaluating policy coverage, overseeing claims processes, and ensuring data accuracy while managing cross-market risks. With a focus on collaboration and continuous improvement, you'll work closely with Underwriting, Actuarial, and Finance teams to enhance claims processes and deliver insightful commentary on market trends. If you have over 10 years of experience in the insurance sector and a passion for driving excellence, this opportunity is perfect for you.

Qualifications

• 10+ years of experience in Reinsurance Claims Adjusting is required.
• Strong knowledge of ECF/CLASS and international jurisdictions preferred.

Responsibilities

• Evaluate policy coverage and manage claims notifications effectively.
• Conduct claims audits and maintain strong relationships with teams.

Skills

Reinsurance Claims Adjusting

Policy Evaluation

Claims Management

Cross-Market Risk Management

ECF/CLASS Knowledge

Data Accuracy

Job description

3 days ago Be among the first 25 applicants

Direct message the job poster from HFG Insurance Recruitment

Senior Consultant | Insurance Recruitment Specialist | Underwriting, Claims & Broking | Lloyd’s & London Market

New Vacancy - Senior Reinsurance Claims Adjuster
City of London
Lloyd's Syndicate

I am currently recruiting for a leading Lloyd's Syndicate who are seeking a Senior Claims Adjuster to join their growing Reinsurance team.

This role will be covering Reinsurance Treaty and Facultative Property and Casualty Claims arising from Excess of Loss, Proportional Treaty and Facultative business. My client is looking for someone with 10+ years experience in this space with good knowledge of ECF/CLASS. Jurisdictions are worldwide minus the US so experience here is preferred.

Key Responsibilities

1. Evaluate policy coverage and liability for all received claims notifications.
2. Oversee and resolve claims related to policies written by the business, ensuring precise reserve calculations and managing cross-market risks.
3. Promptly process ECF/CLASS and Direct claims notifications, handle treaty statements, and manage cash calls while adhering to internal KPIs, minimum standards, and market expectations.
4. Deliver insightful commentary on relevant changes, drawing attention to significant notifications, claims trends, or developments.
5. Conduct Claims Audits and Reviews for Service Providers and other third parties as necessary.
6. Foster and maintain strong working relationships with the Underwriting, Actuarial, and Finance Teams.
7. Review and keep internal databases up to date with relevant claims information.
8. Ensure the accuracy of data in the claims system.
9. Adhere to all pertinent company procedures and policies.
10. Align actions with the Claims philosophy.
11. Contribute to the improvement and enhancement of claims processes and systems for sustained advancement.
12. Collaborate as necessary on all matters related to Compliance reporting.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

General Business

Industries

Insurance