Claims Adjuster - Reinsurance
Claims Adjuster - Reinsurance

Claims Adjuster - Reinsurance

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
Go Premium
C

At a Glance

  • Tasks: Proactively adjust claims and deliver excellent service to customers.
  • Company: Join Canopius, a leading global specialty lines (re)insurer.
  • Benefits: Enjoy hybrid working, competitive salary, and comprehensive health benefits.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: Strong communication and claims management skills are essential.
  • Other info: Dynamic work environment with a focus on diversity and inclusion.

The predicted salary is between 36000 - 60000 £ per year.

Overview

The Role

Proactive adjustment of claims within their claims authority and in accordance with established claim policies and procedures. To handle claims independently, under the guidance of senior leaders. Deliver excellent claims service to all customers, through effective claims management.

Responsibilities

Key Responsibilities

  • To proactively adjust standard and complex claims within their claims authority and in accordance with the established Claims Manual, meeting all regulatory requirements, ensuring that controls are operating effectively and by achieving KPI (Key Performance Indicators).
  • Determine the validity, accuracy and extent of coverage, liability and quantum.
  • Develop a thorough understanding of Treaty Reinsurance (Cross Class)
  • To monitor circumstances that may turn into claims whether in relation to individual risks or global events, such as major Catastrophes or significant losses of interest.
  • Ensuring that adequate financial provisions, in accordance with the Canopius Reserving Philosophy, are held for every claim that you own.
  • Ensuring that every claim is regularly reviewed and proactively managed to resolution, through effective diary management.
  • Ensuring and delivering excellent claims service to all customers, by effectively driving claims through to resolution.
  • Communicate proactively with internal and external stakeholders, both in writing and verbally ensuring excellent customer service to cedants, brokers, follow market, underwriters, actuaries, and senior management.
  • Making clear, comprehensive, and meaningful notes on the claims management system.
  • To identify cedant audits and report back to the RI Claims Manager.
  • To flag any issues of concern/trends to the Claims Manager and Head of Reinsurance.
  • Provide support to the claims capability in relation to management of claims and/or project work.

Qualifications

  • Claims Evaluation
  • Claims Negotiation
  • Claims Strategy
  • Communication
  • Customer Relationship Management
  • Local Market / Policy Knowledge
  • Portfolio Management
  • Reading Comprehension
  • Third-Party Management

Our Benefits

About Us

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.

#J-18808-Ljbffr

Claims Adjuster - Reinsurance employer: Canopius

Canopius is an exceptional employer, offering a comprehensive benefits package that prioritises employee wellbeing, including hybrid working options and a competitive salary. With a positive work culture in the heart of London, employees are encouraged to thrive both personally and professionally, with ample opportunities for growth and recognition of their unique contributions.
C

Contact Detail:

Canopius Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by practising common questions and scenarios related to claims adjusting. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.

✨Tip Number 3

Showcase your skills! Bring examples of how you've successfully managed claims or resolved complex issues in previous roles. This will help you stand out and demonstrate your value to potential employers.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team at Canopius.

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

Claims Adjustment
Claims Management
Regulatory Compliance
Treaty Reinsurance Knowledge
Financial Provisions Management
Diary Management
Customer Service
Communication Skills
Claims Evaluation
Claims Negotiation
Portfolio Management
Third-Party Management
Local Market Knowledge
Reading Comprehension

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Claims Adjuster role. Highlight your experience with claims evaluation and negotiation, as well as any relevant knowledge of Treaty Reinsurance. We want to see how you fit into our team!

Show Off Your Communication Skills: Since this role involves a lot of communication with various stakeholders, be sure to showcase your written and verbal communication skills in your application. Use clear and concise language to demonstrate your ability to convey complex information effectively.

Highlight Your Problem-Solving Abilities: Claims adjusting is all about resolving issues efficiently. In your application, share examples of how you've proactively managed claims or resolved disputes in the past. We love seeing candidates who can think on their feet!

Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s super easy, and you’ll be one step closer to joining our fantastic team at Canopius!

How to prepare for a job interview at Canopius

✨Know Your Claims Inside Out

Before the interview, make sure you have a solid understanding of claims adjustment processes and the specific policies outlined in the Claims Manual. Brush up on Treaty Reinsurance concepts, as this will show your potential employer that you're serious about the role and ready to hit the ground running.

✨Showcase Your Communication Skills

Since the role involves communicating with various stakeholders, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively managed customer relationships or resolved conflicts in the past, as this will demonstrate your ability to deliver excellent claims service.

✨Demonstrate Proactive Problem-Solving

Think of instances where you've proactively identified issues and taken steps to resolve them. Be ready to discuss how you would monitor circumstances that could lead to claims and how you would manage them effectively, showcasing your ability to think ahead and act decisively.

✨Prepare Questions for Your Interviewers

Interviews are a two-way street! Prepare thoughtful questions about the company's culture, the team you'll be working with, and how success is measured in the role. This not only shows your interest but also helps you gauge if the company is the right fit for you.

Claims Adjuster - Reinsurance
Canopius
Location: City of London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

C
  • Claims Adjuster - Reinsurance

    City of London
    Full-Time
    36000 - 60000 £ / year (est.)
  • C

    Canopius

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>