Claims Adjuster - Commercial Property in London

Claims Adjuster - Commercial Property in London

London Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Claims Recruitment Services

At a Glance

  • Tasks: Manage and oversee the claims process for commercial property insurance across multiple countries.
  • Company: Leading London Market specialist insurer with a strong reputation.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity to work with international clients and develop your career in a supportive environment.
  • Why this job: Join a team where your analytical skills can make a real difference in the insurance industry.
  • Qualifications: University degree preferred and three years' experience in commercial property claims.

The predicted salary is between 50000 - 65000 £ per year.

We are recruiting for a Claims Adjuster - Commercial Property on behalf of a leading London Market specialist insurer. The successful candidate will manage and oversee the end-to-end claims process for a wide variety of matters under Binding authority and Open Market policies issued to insured’s mainly in UK, Australia, US and Canada.

Key Responsibilities

  • Managing a diverse portfolio of property claims, from first notice of loss through to resolution.
  • Evaluating policy coverage in line with underwriting intent.
  • Establishing appropriate and timely case reserves.
  • Managing claims strategies taking into account uncertainties, key decisions, potential outcomes, and estimated associated costs.
  • Maintaining accurate and updated claims files including proper documentation and data.
  • Communicating material claims to reinsurance and finance.
  • Providing input to underwriters of potential or existing insured’s claims experience.
  • Identifying issues and trends, and consulting with relevant stakeholders if required.
  • Identifying wording issues and suggesting policy wording improvements.

Key Requirements

  • University Degree is preferred.
  • Three or more years’ experience handling commercial property insurance claims.
  • Strong analytical skills.
  • Solid work management skills with a productive and achievement orientated mindset.
  • Ability to influence others with client and broker management skills.
  • Experience handling claims / managing portfolios within the delegated space.
  • Managed claims in UK, Australia and potentially US / Canada.

Claims Adjuster - Commercial Property in London employer: Claims Recruitment Services

As a leading London Market specialist insurer, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our Claims Adjuster role offers the opportunity to manage a diverse portfolio of commercial property claims while benefiting from comprehensive training programmes and a supportive team environment. Located in the heart of London, we provide our employees with competitive benefits, flexible working arrangements, and the chance to engage with international markets, making us an exceptional employer for those seeking meaningful and rewarding careers.

Claims Recruitment Services

Contact Details:

Claims Recruitment Services Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Adjuster - Commercial Property in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Claims Recruitment Services). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Claims Recruitment Services. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Claims Adjuster - Commercial Property in London

Claims Management
Policy Evaluation
Case Reserve Establishment
Claims Strategy Development
Documentation Management
Communication Skills
Stakeholder Consultation

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Claims Recruitment Services.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Claims Recruitment Services. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Claims Recruitment Services

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Claims Recruitment Services to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Claims Recruitment Services, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Claims Recruitment Services's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.