At a Glance
- Tasks: Manage Financial Lines claims from start to finish, ensuring top-notch customer outcomes.
- Company: Join Canopius, a leader in innovative insurance solutions.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic team culture with opportunities for growth and innovation.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in Financial Lines claims and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
Canopius is seeking an experienced Claims Adjuster to join its Financial Lines Claims team. The role will focus on the proactive management of a portfolio of Financial Lines claims, Management Liability risks (Directors & Officers liability, Crime & Fidelity etc.) and Professional Indemnity risks (Solicitors, Accountants, Construction etc.). 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 Financial Lines 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.
- Experience handling Financial Lines 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.
- 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.
- Adapting to change: Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity.
- Continuous Improvement: Analyses current and future state business requirements and identifies strategies to continuously improve products, services or processes.
- Innovation: Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services.
- Resilience: The ability to cope with and recover from setbacks, challenges or difficulty.
- Future Focused: Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry.
Claims Adjuster - Financial Lines in London employer: Canopius
Canopius is an exceptional employer that fosters a collaborative and innovative work culture, empowering its employees to excel in their roles. As a Claims Adjuster in the Financial Lines team, you will benefit from continuous professional development opportunities while working in a dynamic environment that prioritises customer excellence and stakeholder engagement. Located in the heart of London, Canopius offers a vibrant workplace where your contributions directly impact the success of the organisation and its clients.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Adjuster - Financial Lines in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working at Canopius. 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 Financial Lines claims. Be ready to discuss specific scenarios and how you’d handle them. Show us you know your stuff!
✨Tip Number 3
Don’t forget to showcase your stakeholder engagement skills. We love candidates who can build relationships and communicate effectively. Share examples from your past experiences where you’ve done just that.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Canopius.
We think you need these skills to ace Claims Adjuster - Financial Lines in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Claims Adjuster role. Highlight your experience with Financial Lines claims and any relevant skills that match the job description. We want to see how you can bring your unique expertise to 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 management and how your background aligns with Canopius' values. Let us know what excites you about this opportunity!
Showcase Your Stakeholder Engagement Skills:Since this role involves a lot of communication with brokers, clients, and internal teams, make sure to highlight your stakeholder engagement skills. Share examples of how you've built relationships and collaborated effectively in past roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can't wait to hear from you!
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 Financial Lines claims, especially in areas like Management Liability and Professional Indemnity. Brush up on policy coverage, wordings, and exclusions so you can confidently discuss how your experience aligns with the role.
✨Showcase Your Stakeholder Engagement Skills
Canopius values strong relationships with brokers, clients, and internal stakeholders. Prepare examples from your past roles where you've successfully engaged with various parties to achieve positive outcomes. This will demonstrate your ability to collaborate effectively.
✨Be Ready for Complex Scenarios
Expect questions that test your analytical and problem-solving skills, especially regarding complex claims or multi-jurisdictional issues. Think of specific instances where you've navigated tricky situations and be ready to explain your thought process and decisions.
✨Embrace Continuous Improvement
Canopius is all about innovation and improvement. Come prepared with ideas on how you could contribute to enhancing their claims processes. This shows you're not just looking to fit in but are eager to add value and drive change.
