At a Glance
- Tasks: Adjust and manage Professional Lines claims while collaborating with various stakeholders.
- Company: Join a leading Lloyd’s Syndicate known for its dynamic work environment.
- Benefits: Competitive salary, professional development opportunities, and a supportive team culture.
- Other info: Great opportunity for career growth in a fast-paced environment.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in claims handling and strong communication skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
We are recruiting for a Claims Adjuster – Financial Lines on behalf of a leading Lloyd’s Syndicate.
Key Responsibilities
- Adjusting a portfolio of Professional Lines claims, to include FI, D&O and E&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.
- Working with senior management of Claims, Accounting and Underwriting.
Key Requirements
- Up to 5 years of handling lead and follow claims, in both the Company and the Lloyd's markets.
- ACII and other insurance related courses or certificates are an advantage.
- Good understanding of Professional Lines policy wordings.
- Good knowledge of London market and European claim environments.
- Some experience handling US claims would be an advantage.
- Some experience handling International claims.
- 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.
- Proven ability to work with senior management, claims / legal professionals, other insurers, brokers, affiliated companies and clients.
- A resilient self-starter who can immediately handle a diverse range of claims and responsibilities.
Claims Adjuster in London employer: Claims Recruitment Services
Contact Detail:
Claims Recruitment Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Adjuster in London
✨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 Professional Lines claims. Be ready to discuss your experience with FI, D&O, and E&O claims. We want you to show off your expertise and how you can handle diverse claims!
✨Tip Number 3
Don’t forget to showcase your negotiation skills! During interviews, share examples of how you've successfully settled claims within your authority. This will demonstrate your ability to manage claims effectively and work with senior management.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that Claims Adjuster role!
We think you need these skills to ace Claims Adjuster 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 Professional Lines claims and any relevant qualifications like ACII. We want to see how your skills match what we're looking for!
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 role. Mention your understanding of the London market and your experience with claims handling. Let us know what makes you tick!
Showcase Your Communication Skills: Since good communication is key in this role, make sure your written application reflects that. Keep it clear, concise, and professional. We want to see your ability to articulate complex ideas simply!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
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 FI, D&O, and E&O. Familiarise yourself with the specific policies and procedures of the Lloyd's market, as this will show your potential employer that you're ready to hit the ground running.
✨Showcase Your Negotiation Skills
Prepare examples of past experiences where you've successfully negotiated and settled claims. Highlight your ability to manage vendors and work with senior management, as these skills are crucial for a Claims Adjuster role.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly, both in writing and verbally. Since good communication skills are essential for this role, consider doing mock interviews with friends or family to refine your delivery and ensure you come across as confident and knowledgeable.
✨Familiarise Yourself with Relevant Tools
If you have experience with tools like Genius, TRAX, Open Box, or ECF, be sure to mention it during your interview. If not, take some time to learn about them, as familiarity with these systems can give you an edge over other candidates.