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For Companies At a Glance
- Tasks: Adjust and manage Professional Lines claims in a dynamic environment.
- Company: Join a leading Lloyd’s Syndicate with a supportive culture.
- Benefits: Competitive salary, career development, and collaborative team atmosphere.
- Other info: Opportunity for growth in a fast-paced, engaging work environment.
- Why this job: Enhance your claims experience while making a real impact in the industry.
- Qualifications: Up to 5 years of PI or FI/D&O claims handling experience required.
The predicted salary is between 40000 - 50000 £ per year.
We are recruiting for a Claims Adjuster - FinPro on behalf of a leading Lloyd’s Syndicate. This is an excellent opportunity to join an excellent Syndicate and continue to develop your PI or FI/D&O Claims experience in a supportive and collaborative working environment.
Key Responsibilities
- Adjusting a portfolio of Professional Lines claims, to include PI/ FI/D&O.
- Setting up and authorising claim payments within specified authority.
- Negotiating and settling claims within specified authority.
- Preparing claim correspondence on questions of coverage and claim value within specified authority.
- Handling and managing all claims in accordance with current internal claims procedures / Lloyd's Claims Minimum Standards.
- Managing vendors, such as defence and coverage counsel.
- Managing recoveries within authority.
- Working with underwriters to provide updates, evaluate exposures, and assist with development of policy wordings and other contractual documents.
Key Requirements
- Up to 5 years of handling PI or FI/D&O claims.
- Good understanding of policy wordings.
- Good knowledge of London market and European claim environments.
- Some experience handling International and US claims would be an advantage.
- Good oral and written communication skills, as well as organisational skills.
- Good knowledge of the Microsoft Office Suite.
- Knowledge of Genius, TRAX, Open Box and ECF would be advantageous.
- A resilient self-starter who can immediately handle a diverse range of claims and responsibilities.
Claims Adjuster – FinPro employer: Claims Recruitment Services
Contact Detail:
Claims Recruitment Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Adjuster – FinPro
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyd’s Syndicates. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of PI and FI/D&O claims. We want you to be able to discuss your experience confidently and show how you can add value to the team. Practice common interview questions and have your own ready!
✨Tip Number 3
Showcase your skills! If you’ve got experience with tools like Genius or TRAX, make sure to highlight that in conversations. It’s all about demonstrating how you can hit the ground running in this role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Claims Adjuster – FinPro
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with PI or FI/D&O claims. We want to see how your skills match the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Claims Adjuster position. We love seeing your personality and passion come through in your writing.
Showcase Your Communication Skills: Since good communication is key in this role, make sure your application is clear and concise. We appreciate well-structured applications that reflect your organisational skills.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Claims Recruitment Services
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Professional Lines claims, especially PI, FI, and D&O. Be ready to discuss specific cases you've handled and how you approached them. This will show your expertise and confidence in the field.
✨Familiarise Yourself with the Market
Understanding the London market and European claim environments is crucial. Do some research on current trends and challenges in these areas. This will help you engage in meaningful conversations during the interview and demonstrate your industry awareness.
✨Show Off Your Communication Skills
Since good oral and written communication skills are key for this role, practice articulating your thoughts clearly. You might be asked to explain complex claims scenarios, so being concise and clear will set you apart from other candidates.
✨Be Ready to Discuss Tools and Tech
If you have experience with tools like Genius, TRAX, or ECF, make sure to mention it. If not, familiarise yourself with these systems beforehand. Showing that you're tech-savvy can give you an edge, especially in a role that involves managing various claims processes.