Senior Reinsurance Claims Adjuster
Senior Reinsurance Claims Adjuster

Senior Reinsurance Claims Adjuster

Camden Town Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and adjust complex claims while collaborating with underwriters and brokers.
  • Company: Join Ascot Group, a leading specialty risk underwriting organisation.
  • Benefits: Enjoy a collaborative culture, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry with a focus on innovation and teamwork.
  • Qualifications: Experience in claims management and strong communication skills are essential.
  • Other info: Be part of a dynamic team that values integrity and creativity.

The predicted salary is between 43200 - 72000 £ per year.

To provide support in the adjustment, management, and administration of Ascot\’s claims. Detailed Duties:

  • Handle complex claims as defined in the Ascot Claims Guidelines within authority.
  • Deal with referrals from DXC on claims within authority.
  • Liaise with underwriters and update them on claim developments and assist in the preparation and delivery of the monthly class of business claims report.
  • Liaise with the outwards reinsurance team so that they are aware of developments on significant claims which may impact our reinsurances.
  • Build and maintain Ascot\’s profile with claim brokers and key external experts.
  • Preparation of IBNR Schedules for Cat events.
  • Administration.
  • Preparing and/or reviewing initial set up of claim entries and keeping up to date the Claims Management system entries for complex claims.
  • Diary management of complex claims.
  • Loading documents onto the IMR or the Compass Claims System.
  • Liaison with DXC and other insurers regarding complex claim CLASS entries.
  • Reviewing daily SCM and highlighting those claims which need further review.
  • Liaising with underwriters, brokers and loss adjusters to update reserves and obtain reports.
  • Support on major losses (including attending claims meetings) and liaising with XCS and other underwriters.
  • Assist in the preparation of regular claims reports – ownership of significant claims reports used to inform senior management and underwriters of large loss developments.

Please be aware that Ascot Group\’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.

This is an opportunity to join Ascot Group – one of the world\’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we\’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way. The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service – both pre- and post-claims. Ascot exists to solve for our clients\’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

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Senior Reinsurance Claims Adjuster employer: ASCOT GROUP

Ascot Group is an exceptional employer, offering a dynamic and inclusive work culture that fosters collaboration and innovation. As a Senior Reinsurance Claims Adjuster, you will benefit from extensive professional growth opportunities within a globally connected team, all while contributing to a mission-driven organisation that prioritises client-centric solutions and underwriting excellence. Located in a vibrant environment, Ascot provides a supportive atmosphere where your expertise can thrive, ensuring a rewarding career path in the specialty risk underwriting sector.
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Contact Detail:

ASCOT GROUP Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Reinsurance Claims Adjuster

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching Ascot's values and recent developments. Tailor your answers to reflect how you embody 'The Ascot Way'. Show them you’re not just a fit for the role, but for their culture too!

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience with complex claims and how you’ve successfully liaised with underwriters and brokers in the past.

✨Tip Number 4

Don’t forget to apply through our official careers page! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the Ascot team. Let’s get you that dream job!

We think you need these skills to ace Senior Reinsurance Claims Adjuster

Claims Management
Complex Claims Handling
Communication Skills
Liaison with Underwriters
Report Preparation
Diary Management
Claims System Administration
Data Entry and Management
Collaboration with Brokers
Analytical Skills
Attention to Detail
Problem-Solving Skills
Knowledge of IBNR Schedules
Understanding of Reinsurance Processes
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Reinsurance Claims Adjuster role. Highlight your experience with complex claims and any relevant achievements that align with Ascot's mission. We want to see how you can contribute to our collaborative culture!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills match the job description. Don’t forget to mention your understanding of the claims process and your ability to liaise effectively with underwriters and brokers.

Showcase Your Communication Skills: Since this role involves a lot of liaising with various teams, make sure to highlight your communication skills in your application. We love candidates who can clearly convey complex information and build strong relationships with clients and colleagues alike.

Apply Through Our Website: We encourage you to apply directly through our official careers page. This ensures your application gets to the right people and helps us keep track of all applicants. Plus, it’s the best way to stay updated on your application status!

How to prepare for a job interview at ASCOT GROUP

✨Know Your Claims Inside Out

Make sure you’re well-versed in the specifics of claims management and the Ascot Claims Guidelines. Brush up on complex claims scenarios and be ready to discuss how you would handle them, as this will show your expertise and confidence.

✨Showcase Your Communication Skills

Since liaising with underwriters, brokers, and loss adjusters is key, prepare examples that highlight your communication prowess. Think about times when you successfully navigated complex discussions or resolved conflicts, as these stories will resonate well.

✨Demonstrate Your Analytical Abilities

Be prepared to discuss how you approach data analysis and reporting. Familiarise yourself with IBNR schedules and claims reports, and think of ways you’ve used data to inform decisions or improve processes in past roles.

✨Emphasise Team Collaboration

Ascot values a collaborative culture, so come ready to share experiences where you worked effectively within a team. Highlight how you contributed to group success, especially in high-pressure situations or during major losses.

Senior Reinsurance Claims Adjuster
ASCOT GROUP

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