At a Glance
- Tasks: Manage and adjust a portfolio of Energy claims from start to finish.
- Company: Join HDI, a global leader in insurance with over 120 years of experience.
- Benefits: Enjoy competitive pay, inclusive culture, and opportunities for professional growth.
- Other info: Be part of a diverse team committed to innovation and excellence.
- Why this job: Make a real impact in the energy sector while developing your skills.
- Qualifications: Experience in energy claims handling and strong communication skills required.
The predicted salary is between 40000 - 50000 £ per year.
HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.
The role involves desktop adjusting a portfolio of cases notified, from first advice through to settlement within designated authority, in accordance with the claims handling manual. The cases are varied and may include both lead and follow claims to a high technical level.
Key accountabilities:
- To actively manage a portfolio of Energy claims across all classes including but not limited to upstream, operational power, renewables and downstream risks within a designated claim authority.
- To undertake an initial evaluation of cause of loss to determine whether a claim is covered and what further information may be required.
- To decide the Company’s response to claims, based on correct interpretation of policy and underwriting documentation; investigating, negotiating and settling claims within statutory and company guidelines. This includes coverage analysis and policy determination and subrogation/recovery action.
- To assist in the process for setting and entering into claims systems, accurate, realistic and timely claim reserves to enable management to assess the company exposure.
- To liaise with clients, loss adjusters, solicitors, experts, brokers, MGA’s and TPA’s as appropriate for claims service and investigation.
- To liaise with underwriters & risk managers, finance, Management, Home Office and with network (Servicing and/or Producing offices) as and when relevant for informational, procedural or authority reasons.
- To maintain accurate records for auditing and regulatory purposes, preparing reports as necessary.
- To proactively participate in projects or other initiatives designed to improve the effectiveness or efficiency of the department.
- To support your Manager and senior claims team to deliver the strategic objectives for the function and develop a broker engagement strategy best suited to this class of business.
- To assist in the management of international programs (Servicing and/or Producing office) by liaising with the network, clients, brokers, loss adjusters, solicitors and experts as appropriate to ensure an efficient claims service and the provision of correct and accurate claims data.
Skills & experience:
- Energy claims handling experience on a lead and follow basis.
- Current experience, understanding and practice of the technical/legal requirements of the role.
- Good general knowledge and understanding of the key insurance principles and practices of the London Market.
- Good working knowledge of coverage provided under Energy policies.
- General awareness of current regulation, case law, and market issues.
- Effective communicator with proven Vendor/expert management.
- Experience attending market and client meetings.
- Good knowledge of MS Word and CLASS/ECF2.
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one. If you require support with your application, please contact UK.
Claims Adjuster - Energy in London employer: HDI
HDI is an excellent employer that values inclusivity and offers a dynamic work culture where employees can thrive. With opportunities for professional growth and development, particularly in the field of marine cargo underwriting, team members are encouraged to enhance their skills while collaborating with industry experts. Located in a vibrant market, HDI provides a supportive environment that fosters innovation and meaningful engagement with clients and partners.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Adjuster - Energy 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 HDI). 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 HDI. 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 - Energy in London
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 HDI.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HDI. 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 HDI
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HDI 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 HDI, 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 HDI'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.
