At a Glance
- Tasks: Manage and settle reinsurance claims while developing proactive strategies.
- Company: Expanding run-off company with a focus on market expertise.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Collaborative culture with opportunities for audits and insights.
- Why this job: Make a real impact in the reinsurance sector and grow your career.
- Qualifications: Prior experience in reinsurance claims handling is essential.
The predicted salary is between 36000 - 60000 £ per year.
Our client, an expanding run‑off company, seeks a Reinsurance Claims Adjuster. The Claims Adjuster is responsible for ensuring the effective management and settlement of claims in Reinsurance Casualty, APH & Property, and for assisting with the development and execution of proactive claims‑management strategies. Applicants should have prior Reinsurance claims handling experience.
Key Duties and Responsibilities:
- Handle own case load; analyse critical data and factual reports; set appropriate reserves; assist in the negotiation of settlements directly with Cedants; and be comfortable with making and supporting own decisions.
- Update claims file by accurately capturing and updating claims data/information in compliance with best practices.
- Compile clear and concise written and verbal reports to senior management.
- Maintain good working relationships with all relevant parties – Cedants, Brokers, Co‑Reinsurers and Legal Representatives – in the handling and analysis of Cedant’s reinsurance claim exposures.
- Ensure all policy obligations are met and customers are treated fairly.
- Comply with all compliance requirements, maintain confidentiality at all times, and serve as company representative to model, enforce and abide by all company policies.
- Deliver on objectives set.
- Contribute to the team effort by accomplishing related results and participating in projects as needed.
- Contribute to profitable growth by providing risk insight, information and trends/emerging risks.
- Assist in the audits of Cedants and other parties as required, including due diligence.
- Liaise with actuarial, finance and operations teams, as required.
- Report as necessary to the Head of Claims any important developments, issues and trends.
As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance.
Senior Claims Adjuster employer: Harrison Holgate
Harrison Holgate is an exceptional employer, offering a dynamic work environment that fosters collaboration between Broking and Technical teams. With a strong focus on employee development, you will have the opportunity to grow your skills in the North American market while enjoying a supportive culture that values innovation and teamwork. Located in the heart of the London Market, our office provides unique access to industry leaders and a vibrant professional network.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Adjuster
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Claims Adjuster role.
✨Tip Number 2
Prepare for interviews by practising common questions related to claims management and negotiation. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your expertise! Bring along examples of your past work in claims handling to interviews. We want to see how you’ve tackled challenges and contributed to successful outcomes in your previous roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always here to support you throughout the process, so don’t hesitate to reach out!
We think you need these skills to ace Senior Claims Adjuster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Claims Adjuster role. Highlight your Reinsurance claims handling experience 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 the perfect fit for this role. Share specific examples of your past achievements in claims management and how they relate to the responsibilities listed in the job description.
Showcase Your Communication Skills:Since you'll be compiling reports and liaising with various parties, it's crucial to demonstrate your communication skills. Make sure your application is clear, concise, and free of jargon. We love a well-structured application!
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 shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Harrison Holgate
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of reinsurance claims handling. Be prepared to discuss specific cases you've managed, the strategies you employed, and the outcomes. This will show that you not only have experience but also a deep understanding of the nuances involved.
✨Data Analysis is Key
Since the role involves analysing critical data, be ready to talk about your experience with data analysis in claims management. Bring examples of how you've used data to set reserves or negotiate settlements. This will demonstrate your analytical skills and decision-making capabilities.
✨Build Relationships, Even Virtually
The job requires maintaining good working relationships with various parties. Think of examples where you've successfully collaborated with Cedants, Brokers, or Legal Representatives. Highlight your communication skills and how you fostered these relationships, even if it was done remotely.
✨Stay Compliant and Ethical
Compliance is crucial in this role. Be prepared to discuss how you've ensured compliance in your previous positions. Share any experiences where you had to navigate complex policy obligations while treating customers fairly. This will show your commitment to ethical practices in claims management.
