Claims Adjuster - Financial Lines in London

Claims Adjuster - Financial Lines in London

London Full-Time 37800 - 46200 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage claims processes and provide efficient service to clients.
  • Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
  • Benefits: Comprehensive benefits package for health, wellbeing, and professional development.
  • Other info: Inclusive culture that values diversity and supports career growth.
  • Why this job: Make a real impact in the insurance industry while growing your skills.
  • Qualifications: Experience in financial lines claims and strong relationship-building skills.

The predicted salary is between 37800 - 46200 £ per year.

Join us as a Financial Lines Claims Adjuster to make a bigger business impact with your skills and wider talents. At Talbot and AIG we are reimagining the way we help customers to manage risk. It’s an opportunity to grow your skills and experience as a valued member of the team.

With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicate 1183 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.

How you will create an impact

Reporting to the Specialty Claims Manager, with responsibility for managing all aspects of the claims adjudication process, providing management and clients with an efficient and effective claims service. The Specialty Claims Team manage claims concerning the following Direct, Facultative Reinsurance, Excess of Loss and Proportional Treaty classes:

  • Financial Lines
  • Cyber
  • Crisis Management (Product Recall)
  • Accident and Health
  • Contingency (in run off)

What you’ll need to succeed

  • Experience in handling direct and facultative reinsurance claims in Financial Lines (FI, PI, D&O)
  • Understanding of the London Market regulatory environment and implications for Talbot and its clients.
  • Knowledge of market claims systems, e.g., ECF2, DOCOsoft would be an advantage.
  • Dispute resolution skills.
  • Relationship building internally and externally.
  • Ability to identify trends and understand how these may affect Claims and the Syndicate more broadly.

Ready to take your career to the next level? We would love to hear from you.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Claims Adjuster - Financial Lines in London employer: AIG Insurance

AIG Insurance is an exceptional employer, offering a dynamic work environment where collaboration thrives, particularly in the heart of Lloyd's. With a strong emphasis on professional development, employees benefit from extensive growth opportunities and a supportive culture that values teamwork and compliance excellence. Working at AIG not only provides a chance to be part of a leading insurance firm but also ensures meaningful contributions to the financial integrity of managed syndicates.

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Contact Details:

AIG Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Adjuster - Financial Lines in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like AIG Insurance). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like AIG Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Claims Adjuster - Financial Lines in London

Claims Adjudication
Direct and Facultative Reinsurance
Financial Lines Knowledge (FI, PI, D&O)
London Market Regulatory Understanding
Market Claims Systems Knowledge (e.g., ECF2, DOCOsoft)
Dispute Resolution Skills
Relationship Building

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AIG Insurance.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AIG Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at AIG Insurance

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AIG Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at AIG Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding AIG Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.