Casualty Claims Adjuster

Casualty Claims Adjuster

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Canopius

At a Glance

  • Tasks: Manage and adjust Casualty claims from notification to settlement, ensuring top-notch customer outcomes.
  • Company: Join Canopius, a leading global insurer with a positive and inclusive culture.
  • Benefits: Enjoy hybrid working, competitive salary, health insurance, and a non-contributory pension.
  • Other info: Be part of a diverse team that values your unique contributions and fosters growth.
  • Why this job: Make a real impact in the insurance industry 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 40000 - 50000 £ per year.

Canopius is seeking a knowledgeable Claims Adjuster to join its Casualty Claims team. The Casualty 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, but over time it will also include International General Liability claims. It also includes a small legacy portfolio of UK Employers’ Liability claims.

The successful candidate will manage claims from first notification through to resolution, ensuring high-quality technical handling, strong stakeholder engagement and delivery of exceptional customer outcomes in line with Canopius standards. The role-holder will act in accordance with, and actively contribute to, the Canopius Claims vision to deliver customer excellence through an empowered, collaborative and innovative approach to 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 the 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.
Qualifications
  • 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 internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
  • Collaboration And Teamwork: Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.
  • Adapting To Change: Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
  • Continuous Improvement: Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes. Guide and inspire others to achieve results to enhance efficiency, quality and consistency.
  • Innovation: Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.
  • Resilience: The ability to cope with and recover from setbacks, challenges or difficulty. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.
  • Future Focused: Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.
Our Benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

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

Canopius is an exceptional employer that prioritises employee wellbeing through a comprehensive benefits package, including hybrid working options and a competitive salary. Our positive work culture fosters collaboration and innovation, providing ample opportunities for professional growth while recognising and valuing each individual's unique contributions. Located in the vibrant City of London, we offer a dynamic environment that encourages employees to thrive both personally and professionally.

Canopius

Contact Details:

Canopius Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Casualty Claims Adjuster

Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those already at Canopius. A friendly chat can open doors and give you insights that a job description just can't.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of US Casualty claims. Be ready to discuss specific cases or scenarios where you’ve successfully managed claims, showing off your analytical skills and stakeholder engagement.

Tip Number 3

Show your passion for continuous improvement! Think about how you can contribute to Canopius' claims vision and be ready to share ideas on enhancing processes or customer outcomes during your interview.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining the Canopius team.

We think you need these skills to ace Casualty Claims Adjuster

Claims Management
Policy Coverage Understanding
Liability Assessment
Analytical Skills
Problem-Solving Skills
Decision-Making Capability
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Casualty Claims Adjuster role. Highlight your experience with US Casualty claims and any relevant skills that match the job description. We want to see how you fit into our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about claims adjusting and how your background aligns with Canopius' values. Let us know what makes you the perfect fit for our team.

Showcase Your Stakeholder Engagement Skills:Since building relationships is key in this role, make sure to highlight your communication and stakeholder engagement skills in your application. We love seeing examples of how you've successfully collaborated with others in the past!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, it shows us you’re serious about joining the Canopius family!

How to prepare for a job interview at Canopius

Know Your Claims Inside Out

Before the interview, brush up on your knowledge of US Casualty claims, especially in the context of the London market. Be prepared to discuss specific cases you've handled, focusing on policy coverage and liability assessment. This will show that you understand the complexities of the role.

Engage Stakeholders Like a Pro

Since stakeholder engagement is key, think of examples where you've successfully built relationships with brokers or clients. Prepare to share how you’ve collaborated with internal teams, like underwriters or actuaries, to achieve optimal outcomes. This will demonstrate your ability to work effectively within a team.

Show Off Your Analytical Skills

Be ready to discuss how you've tackled complex claims and made decisions based on thorough analysis. Think of instances where your problem-solving skills led to successful claim resolutions. This will highlight your analytical capabilities, which are crucial for this position.

Embrace Change and Continuous Improvement

Canopius values innovation and adaptability, so come prepared with examples of how you've adapted to changes in regulations or processes. Discuss any initiatives you've taken to improve efficiency or quality in claims management. This will show that you're future-focused and ready to contribute to their continuous improvement efforts.