Claims Adjuster, Financial Lines

Claims Adjuster, Financial Lines

Full-Time 60000 - 70000 £ / year (est.) No working from home possible
Convex

At a Glance

  • Tasks: Manage and adjust financial claims while providing top-notch client service.
  • Company: Join Convex, a forward-thinking insurer focused on innovation and efficiency.
  • Benefits: Enjoy competitive salary, generous leave, health insurance, and learning opportunities.
  • Other info: Be part of a collaborative team that values service excellence and innovation.
  • Why this job: Make a real impact in a dynamic environment with excellent career growth.
  • Qualifications: Experience in financial lines claims and strong communication skills required.

The predicted salary is between 60000 - 70000 £ per year.

Focusing on providing excellent client service, the Convex Claims team directly impacts our mission to becoming the market’s favourite insurer. As such we are building increasingly efficient processes, making use of relevant technology. This is a leading-edge, forward-thinking claims adjusting role and will assume responsibility for claims handling activities and claims management relating to Financial Lines claims (D&O, FI, PI and W&I) arising from business written by Convex Group. This role is outcome-driven, and one which combines technical adjusting, account management, commercial and relationship management skills – underpinned by your experience in fast paced, technology enriched environments. You will report directly to the Senior Financial Lines Claims Adjuster responsible for Professional Indemnity Claims and be a key part of the Convex Claims team.

Some of the key tasks may include:

  • Claims management from first notification of loss to final settlement including coverage analysis; investigation; evaluation; reserving and resolution in accordance with established guidelines, service standards and regulations.
  • Actively manage claims to achieve the best indemnity outcomes.
  • Operate in alignment to Convex claims key performance indicators, governance frameworks, Convex claims procedures and processes.
  • Review claims movements and act as an advisor to the business about potential exposures.
  • Manage TPA and Coverholder relationships, in conjunction with the Claims Operations team.
  • Take responsibility for data gathering and sharing industry or event knowledge with relevant colleagues.
  • Contribute to the attraction and retention of business through service excellence.
  • Ensure great loss outcomes and reserve accuracy through direct intervention on large loss events where required, and identification of loss trends which may impact ranking, reserves or risk selection.
  • Build and sustain relationships with insurance underwriters, brokers and clients and work collaboratively together in addition to liaison with actuaries and data teams internally on loss related matters.
  • Contribute to the preparation of local claims reports and claims updates to the Board as required.
  • Be prepared to participate in wider claims strategic initiatives or committees within the organisation.
  • Understand that our purpose enables us to deliver the best claims service experience to clients and meet all regulatory requirements.
  • Be an advocate for client service as a brand differentiator and demonstrate behaviour that aligns to the Convex core values.

Skills Knowledge and Expertise

  • Robust Financial Lines Claims experience within a fast-paced environment and focus on service excellence.
  • Articulate and well-rounded communicator at all levels of seniority.
  • Excellent negotiation and diplomacy skills.
  • A high degree of problem-solving capability.
  • Detail orientated with analytical mindset.
  • Work at speed given complex and difficult technical situations, with well-developed prioritisation skills.
  • Flexible and adaptable to change, able to contribute in an entrepreneurial environment.
  • Prior experience of undertaking client claims reviews and audit activities.
  • Worked in an environment where innovation is balanced with pragmatism and speed of execution.
  • Strong learning and curious mindset with an appetite to deliver continuous improvement.

Benefits

  • Competitive Salary
  • 30 days Annual Leave
  • Birthday Leave
  • 10% Employer Pension Contribution
  • Private Health Insurance
  • Medical Cover
  • Group Income Protection
  • Life Assurance Cover
  • Enhanced Parental Leave
  • Annual Health Check
  • 3 days of Volunteer Leave each year
  • £1,300 to spend on learning & wellbeing
  • Give as You Earn
  • Cycle to Work
  • Season Ticket Loan

Claims Adjuster, Financial Lines employer: Convex

At Convex, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. Our commitment to employee growth is evident through our generous benefits package, including competitive salaries, extensive annual leave, and a strong focus on learning and wellbeing, ensuring that our team members thrive both personally and professionally. Join us in our mission to deliver exceptional client service while enjoying a supportive environment that values your contributions and encourages continuous improvement.

Convex

Contact Details:

Convex Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Adjuster, Financial Lines

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as someone who truly fits into their team.

Tip Number 3

Practice your pitch! Be ready to explain your experience and how it relates to the role of Claims Adjuster. Highlight your problem-solving skills and ability to work in fast-paced environments.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Claims Adjuster, Financial Lines

Claims Management
Financial Lines Claims Experience
Client Service Excellence
Negotiation Skills
Diplomacy Skills
Problem-Solving Capability
Analytical Mindset

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Claims Adjuster role. Highlight your experience in Financial Lines claims and any relevant skills that match the job description. We want to see how you can bring your unique flair to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about claims adjusting and how your background aligns with our mission at Convex. Keep it engaging and personal – we love a good story!

Showcase Your Problem-Solving Skills:In your application, don’t forget to highlight your problem-solving capabilities. Share examples of how you've tackled complex claims situations in the past. We’re looking for those who can think on their feet and adapt quickly!

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!

How to prepare for a job interview at Convex

Know Your Claims Inside Out

Make sure you brush up on your knowledge of Financial Lines claims, especially D&O, FI, PI, and W&I. Be ready to discuss specific cases you've handled and how you achieved successful outcomes. This will show your expertise and confidence in the role.

Showcase Your Client Service Skills

Since this role is all about providing excellent client service, prepare examples that highlight your ability to manage relationships and deliver results. Think about times when you went above and beyond for a client and be ready to share those stories.

Demonstrate Your Problem-Solving Ability

Be prepared to tackle hypothetical scenarios during the interview. Practice articulating your thought process when faced with complex claims situations. This will showcase your analytical mindset and ability to work under pressure.

Align with Their Values

Familiarise yourself with Convex's core values and mission. During the interview, express how your personal values align with theirs, particularly around client service and innovation. This will help you stand out as a candidate who fits well within their culture.