At a Glance
- Tasks: Examine claims, interpret policies, and negotiate settlements in a dynamic environment.
- Company: Join CNA Hardy, a leading specialist in commercial insurance.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Why this job: Make a real impact by resolving claims and building strong relationships.
- Qualifications: Experience in managing Professional Indemnity Claims and strong negotiation skills.
- Other info: Opportunity for career growth in a fast-paced, innovative company.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking to hire a Professional Indemnity Claims Examiner to join our London office.
Key Responsibilities
- Interprets policy coverages and determines if coverages apply to claims submitted, escalating issues as needed.
- Sets activities, reserves and authorises payment within scope of authority, settling claims in the most cost effective and timely manner.
- Ensures prompt issuance of disbursements while effectively managing loss costs and claim expenses.
- Participates in performing investigations and evaluating claims through contact with insureds, claimants, witnesses and experts.
- Identifies and escalates serious claim developments to management efficiently and effectively.
- Partners with legal counsel, account representatives, brokers, underwriters and insureds to develop a focused strategy for timely and cost effective resolution of claims.
- Develops and maintains strong broker relationships.
- Recognises need for negotiation, participates in planning strategy and negotiates within scope of authority.
- Analyses claims activity and prepares reports for management review.
- Responsible for input of data that accurately reflects claim circumstances and other information important to our business outcomes.
- Keeps current on relevant issues, regulations and trends.
- Complies with all applicable legal and regulatory requirements and ensures, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
- May perform additional duties as assigned.
Skills, Knowledge & Experience
- Prior experience of managing Professional Indemnity Claims.
- Knowledge of claims and insurance industry theory and practices.
- Developing technical expertise, product specific knowledge and negotiation skills.
- Ability to negotiate and settle claims effectively.
- Good interpersonal and communication skills. Ability to effectively interact with all levels of CNA Hardy's internal and external business partners.
- Ability to work independently. Good time management skills.
- Good analytical and problem solving skills. Demonstrates attention to detail.
The Company
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.
Claims Examiner - Professional Indemnity employer: CNA Hardy
Contact Detail:
CNA Hardy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Examiner - Professional Indemnity
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who know about Professional Indemnity. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your claims knowledge. Be ready to discuss specific cases you've handled and how you navigated complex situations. This shows you're not just a paper pusher but someone who can think on their feet!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply directly 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 CNA Hardy.
We think you need these skills to ace Claims Examiner - Professional Indemnity
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Examiner role. Highlight your experience with Professional Indemnity claims and any relevant skills that match the job description. We want to see how you can bring value 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 this role and how your background aligns with our needs. Be sure to mention your negotiation skills and experience in managing claims.
Showcase Your Analytical Skills: Since the role involves analysing claims activity, make sure to include examples of how you've used your analytical skills in previous positions. We love seeing how you approach problem-solving and decision-making!
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’re considered for the role. Plus, it shows you’re keen on joining our team at CNA Hardy!
How to prepare for a job interview at CNA Hardy
✨Know Your Stuff
Make sure you brush up on your knowledge of Professional Indemnity claims and the insurance industry. Familiarise yourself with common policy coverages and recent trends in the market. This will help you answer questions confidently and show that you're genuinely interested in the role.
✨Showcase Your Negotiation Skills
Since negotiation is key in this role, prepare examples from your past experiences where you've successfully negotiated claims or resolved disputes. Be ready to discuss your approach and the outcomes, as this will demonstrate your ability to handle similar situations at CNA Hardy.
✨Build Rapport
During the interview, focus on building a connection with your interviewers. Use good interpersonal skills to engage them in conversation. Ask insightful questions about their team dynamics and how they collaborate with brokers and legal counsel, showing that you value teamwork and communication.
✨Attention to Detail Matters
Highlight your analytical and problem-solving skills by discussing how you ensure accuracy in claims processing. Bring up specific instances where your attention to detail made a difference in managing claims effectively. This will reassure them that you can handle the responsibilities of the role with precision.