At a Glance
- Tasks: Manage and adjust complex Professional Lines claims while collaborating with a dynamic team.
- Company: Join Allied World, a global leader in insurance and reinsurance solutions.
- Benefits: Enjoy career coaching, learning resources, and a supportive global network.
- Why this job: Make a real impact in the insurance industry with a talented team.
- Qualifications: 5+ years of claims experience and strong communication skills required.
- Other info: Opportunities for professional growth in a diverse and inclusive environment.
The predicted salary is between 43200 - 72000 £ per year.
Overview
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
You will have
- 5+ years of handling complex and high value lead and follow claims, in both the Company and the Lloyd\\\’s markets.
- University degree preferred – Insurance related courses or certificates are an advantage.
- Strong understanding of Professional Lines policy wordings.
- Strong knowledge of London market and European claim environments.
- Some experience handling US claims.
- Some experience handling International claims.
- Excellent oral and written communication skills (oral and written) 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.
- Excellent organizational skills and the ability to work on multiple tasks concurrently.
Working at Allied World
Our team of over 1,600 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
- 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.
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Senior Claims Adjuster – Professional Lines employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims Adjuster – Professional Lines
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Allied World. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of Professional Lines claims. Be ready to discuss your experience with FI, D&O, and E&O claims, as well as how you handle negotiations and settlements.
✨Tip Number 3
Show off your teamwork skills! During interviews, highlight examples of how you've collaborated with underwriters and senior management. We love candidates who thrive in a team environment and can manage diverse responsibilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Allied World family.
We think you need these skills to ace Senior Claims Adjuster – Professional Lines
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Senior Claims Adjuster role. Highlight your experience in handling complex claims and any relevant qualifications to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you a perfect fit for our team. Be genuine and let your personality come through.
Showcase Your Communication Skills: Since excellent communication is key for this position, ensure your written application is clear, concise, and free of errors. This is your opportunity to demonstrate your organisational skills right from the start!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our fantastic team at Allied World!
How to prepare for a job interview at Allied World
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Professional Lines claims, especially FI, D&O, and E&O. Be ready to discuss specific cases you've handled and how you approached them, as this will show your expertise and confidence in the field.
✨Showcase Your Negotiation Skills
Prepare examples of successful negotiations you've conducted in the past. Highlight how you settled claims within your authority and managed vendor relationships. This will demonstrate your ability to handle complex situations effectively.
✨Familiarise Yourself with the Company Culture
Research Allied World’s values and team dynamics. Be prepared to discuss how you can contribute to their collaborative environment and support your colleagues, as they value teamwork highly.
✨Prepare for Technical Questions
Expect questions about policy wordings and the London market. Brush up on your technical knowledge and be ready to explain how you would approach various scenarios, showcasing your problem-solving skills and industry understanding.