Claims Adjuster - Professional Lines in London

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

Key Responsibilities

• Adjusting a portfolio of Professional Lines claims, to include FI, D&O and E&O.
• Set up and authorize claim payments within specified authority.
• Negotiate and settle claims within specified authority.
• Reserve in accordance with our Claims philosophy.
• Prepare claim correspondence on questions of coverage and claim value within specified authority.
• Handle and manage all claims in accordance with current internal claims procedures/Lloyd's Claims Minimum Standards in place and comply with agreed key performance indicators.
• Vendor Management — to be able to proactively manage vendors, such as defence and coverage counsel.
• Manage recoveries within authority.
• Work with underwriters to provide updates, evaluate exposures, and assist with development of policy wordings and other contractual documents where required.
• Work with senior management of Claims, Accounting and Underwriting.
• Perform internal and on site claim audits if required.
• Prepare claim and statistical reports as required.
• Assist in management projects as required.

Qualifications

• Up to 5 years of handling lead and follow claims, in both the Company and the Lloyd's markets.
• ACII and other insurance related courses or certificates are an advantage.
• Good understanding of Professional Lines policy wordings.
• Good knowledge of London market and European claim environments.
• Some experience handling US claims would be an advantage.
• Some experience handling International claims.
• Good oral and written communication skills as well as organizational skills.
• Good knowledge of the Microsoft Office Suite.
• Knowledge of Genius, TRAX, Open Box and ECF would be a plus.
• The ability to work well and thrive in a team environment is key.
• Proven ability to work with senior management, claims/legal professionals, other insurers, brokers, affiliated companies and clients.
• A resilient self-starter who can immediately handle a diverse range of claims and responsibilities.
• Good organisational skills and the ability to work on multiple tasks concurrently.

Working at Allied World

• Instant membership in the Allied World team — a global network of colleagues who will support your career journey.
• A manager who will help you build your career through a structured coaching program.
• Access to a full suite of learning and development tools and resources.

Global Presence

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, Labuan, London, Los Angeles, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com, or follow us on LinkedIn at linkedin.com/company/allied-world.