Casualty Claims Adjuster

Casualty Claims Adjuster

Full-Time 50000 - 60000 £ / year (est.) Home office (partial)
Canopius Group

At a Glance

  • Tasks: Adjust and manage Casualty claims from start to finish, ensuring effective outcomes.
  • Company: Join Canopius, a leading company in the insurance industry with a focus on collaboration.
  • Benefits: Enjoy hybrid working, competitive salary, pension, bonuses, and comprehensive health coverage.
  • Other info: Diverse and inclusive workplace committed to equal opportunities for all applicants.
  • Why this job: Make a real impact in the insurance sector while developing your skills in a dynamic environment.
  • Qualifications: Experience in US Casualty claims and strong analytical skills are essential.

The predicted salary is between 50000 - 60000 £ per year.

Canopius is seeking a knowledgeable Claims Adjuster to join its Casualty Claims team. The portfolio includes General Liability, Product Liability, and Medical Professional Liability across a broad range of industries, offering exposure to diverse claims, sectors, and jurisdictions. The role currently focuses on US claims, with plans to include International General Liability and a small legacy portfolio of UK Employers’ Liability claims.

Key Responsibilities

  • Proactively adjust Casualty claims within authority from notification through to settlement.
  • Develop and apply a strong understanding of policy coverage, wordings and exclusions.
  • Analyse coverage, liability and quantum including complex issues and multi‑jurisdictional exposures.
  • Ensure accurate and timely reserving in line with Canopius reserving philosophy.
  • Maintain accurate claims files and documentation in line with internal and regulatory standards.
  • Build and maintain relationships with brokers, clients and internal stakeholders, including underwriters and actuaries, to deliver consistent, effective claims management.
  • Instruct and manage panel lawyers, loss adjusters and external experts to achieve optimal claim outcomes and reduce claims leakage.
  • Provide oversight of delegated claims and third‑party administrators, monitoring performance and ensuring claims are managed in accordance with Canopius claims values.
  • Escalate complex or high value matters appropriately to senior stakeholders.
  • Contribute to claims trends analysis and continuous improvement initiatives.
  • Ensure compliance with internal policies, claims manual and regulatory requirements.
  • Other ad hoc duties as required.

Skills and Experience

  • Experience handling US Casualty claims within the London market.
  • Strong understanding of policy coverage, wordings and liability assessment.
  • Knowledge of legal and regulatory considerations impacting claims.
  • Experience managing external counsel and other experts.
  • Strong analytical, problem‑solving and decision‑making capability.
  • Ability to prioritise workload and manage multiple claims effectively.
  • Strong communication and stakeholder engagement skills.
  • Proficiency in Microsoft Office.

Competencies

  • Stakeholder engagement – Cultivates and maintains positive relationships with relevant stakeholders to drive collaboration.
  • Collaboration and teamwork – Works effectively with team and cross‑functional groups to accomplish goals.
  • Adapting to change – Adjusts thoughts, feelings and behaviours to handle new or complex situations.
  • Continuous improvement – Analyses current and future business requirements to identify strategies for improvement.
  • Innovation – Creates and implements new ideas to enhance processes or products.
  • Resilience – Copes with setbacks, challenges or difficulty and recovers promptly.
  • Future focused – Anticipates changes in regulations, technology and client needs to respond proactively.

Benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing, including hybrid working, a competitive base salary, non‑contributory pension, discretionary bonus, and insurance coverages such as health (family) and dental.

Equal Employment Opportunity

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio‑economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.

Casualty Claims Adjuster employer: Canopius Group

Canopius is an exceptional employer that prioritises employee wellbeing through a comprehensive benefits package, including hybrid working options, competitive salaries, and generous insurance coverages. Our collaborative work culture fosters continuous improvement and innovation, providing ample opportunities for professional growth and development within the dynamic field of casualty claims. Join us in a supportive environment where diversity is celebrated, and your contributions are valued.

Canopius Group

Contact Details:

Canopius Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Casualty Claims Adjuster

Dive Into Industry Networking Events

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We think you need these skills to ace Casualty Claims Adjuster

Claims Adjustment
Policy Coverage Analysis
Liability Assessment
US Casualty Claims Handling
Legal and Regulatory Knowledge
External Counsel Management
Analytical Skills

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 Canopius Group.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Canopius Group. 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 Canopius Group

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Canopius Group 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 Canopius Group, 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 Canopius Group'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.