At a Glance
- Tasks: Manage and resolve complex financial claims while collaborating with a dynamic team.
- Company: Join Everest, a global leader in risk management with a rich heritage.
- Benefits: Enjoy competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in claims handling and strong analytical skills required.
- Other info: Be part of a supportive environment that values collaboration and innovation.
The predicted salary is between 48000 - 72000 £ per year.
About Everest
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
About the Role
This is an exciting opportunity for an experienced claims professional to join our Financial Lines Claims team in London. Reporting to the Head of Financial Lines Claims, you will handle, investigate, evaluate, and resolve a portfolio of complex claims across Financial Institutions, Management Liability (including Directors & Officers), Professional Indemnity, Warranty & Indemnity (W&I), and Cyber lines. As a valued member of our collaborative team across our Syndicate and Company platforms (UK), you will use sound judgment to shape claims strategies and contribute meaningfully to team objectives. This role involves close partnership with colleagues across the organisation, including providing insight to underwriters and actuaries, and representing Everest in stewardship meetings with customers and brokers.
Key Accountabilities
- Claims Management: Investigate, analyse, and evaluate liability, damages, and cost exposures for complex claims. Develop well-considered resolution plans, including negotiation and settlement.
- Coverage Analysis: Review and analyse complex coverage issues and prepare appropriate coverage correspondence.
- Reserving: Establish and maintain timely, accurate reserves in line with company policy.
- Reporting: Prepare Case Summary Reports and Large Claims Reports for matters involving significant reserves or litigation activity.
- Vendor Management: Coordinate and oversee external experts, including adjusters and legal professionals. Provide oversight of Third-Party Administrators (TPAs).
- Team Collaboration: Contribute to a supportive, knowledge-sharing environment, including peer reviews and team learning.
- Business Partnership: Work closely with underwriters on policy construction and drafting. Share insights on claim trends, data analysis, and risk considerations.
- External Engagement: Communicate with insureds, brokers, and reinsurers. Attend client meetings and relevant industry events to support relationship-building and business development.
- Strategy & Review: Participate in claim reviews, stewardship meetings, and claim audits.
Operational Excellence
- Support the delivery and continuous improvement of claims data, performance metrics, and management information.
- Identify conduct, performance, or compliance issues, ensuring timely escalation.
- Ensure claims operations comply with internal and external quality, audit, regulatory, and privacy requirements.
- Maintain effective controls to manage financial, operational, reputational, and compliance risks.
- Produce and communicate accurate and relevant claims data, analytics, and reporting.
Qualifications, Education & Experience
- Significant experience handling claims within a global insurance organisation, working across multiple underwriting platforms, jurisdictions, and markets; or significant relevant legal experience.
- Strong understanding of Financial Institutions, Management Liability (including D&O), Professional Indemnity, Warranty & Indemnity, and Cyber lines.
- Familiarity with London Market claims systems (e.g., ECF, IMR) and internal systems (e.g., ClaimCenter).
- Understanding of litigation, arbitration, trial processes, and the regulatory environment relevant to claims.
- ACII qualification, legal qualification, or degree-level education preferred.
Skills & Competencies
- Advanced analytical, organisational, and investigative skills.
- Clear and effective verbal and written communication, including presenting to senior stakeholders.
- Skilled in collaborative problem-solving and achieving resolution in complex claim situations.
- Ability to work with data and metrics to support positive outcomes.
- Forward-thinking, organised, proactive, and solutions-focused.
- Comfortable working closely with colleagues to enhance processes and promote team efficiency.
- Excellent commercial acumen and understanding of business models, underwriting strategies, and distribution channels.
- Strong interpersonal skills, demonstrating professionalism and integrity.
What if I don’t meet every requirement?
At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Senior Financial Lines Claims Adjuster employer: Everest Re Group,
Contact Detail:
Everest Re Group, Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Lines Claims Adjuster
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage with professionals on platforms like 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 Everest and understanding their values and culture. Tailor your responses to show how your experience aligns with their mission of risk management and collaboration. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience with complex claims and how you've successfully navigated challenges in the past. Use specific examples that highlight your analytical skills and ability to work collaboratively with teams.
✨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, it shows you’re genuinely interested in joining the Everest team and contributing to their mission.
We think you need these skills to ace Senior Financial Lines Claims Adjuster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Financial Lines Claims Adjuster role. Highlight your relevant experience in handling complex claims and your understanding of financial institutions and management liability. We want to see how your skills align with 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 excited about joining Everest and how your background makes you a great fit. Be sure to mention any specific experiences that relate to the key accountabilities listed in the job description.
Showcase Your Analytical Skills: Since this role requires advanced analytical skills, make sure to include examples of how you've used data to drive decisions or improve processes in your previous roles. We love seeing candidates who can think critically and solve problems effectively!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're serious about joining our team at Everest!
How to prepare for a job interview at Everest Re Group,
✨Know Your Claims Inside Out
Before the interview, brush up on your knowledge of complex claims, especially in Financial Institutions and Management Liability. Be ready to discuss specific cases you've handled, showcasing your analytical skills and how you developed resolution plans.
✨Showcase Your Collaborative Spirit
Since this role involves working closely with underwriters and other teams, prepare examples that highlight your teamwork and communication skills. Think about times when you contributed to a supportive environment or helped resolve a complex issue through collaboration.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory environment relevant to claims, especially in the London Market. Being able to discuss how regulations impact claims management will demonstrate your expertise and readiness for the role.
✨Prepare Insightful Questions
At the end of the interview, have some thoughtful questions ready about Everest's approach to claims management and their values. This shows your genuine interest in the company and helps you assess if it's the right fit for you.