Claims Adjuster - Casualty Reinsurance
Claims Adjuster - Casualty Reinsurance

Claims Adjuster - Casualty Reinsurance

Temporary 50000 - 60000 £ / year (est.) No home office possible
HFG Insurance Recruitment

At a Glance

  • Tasks: Manage and adjust Casualty Reinsurance claims while analysing data and negotiating settlements.
  • Company: Leading Lloyd's Insurer based in the City of London.
  • Benefits: Competitive salary, potential for permanent role, and professional development opportunities.
  • Other info: Opportunity to work with international risks and develop valuable industry relationships.
  • Why this job: Join a dynamic team and make impactful decisions in the reinsurance sector.
  • Qualifications: Strong experience in Claims Adjusting within Casualty Reinsurance.

The predicted salary is between 50000 - 60000 £ per year.

Overview

I am currently partnered with a leading Insurer who are seeking a Claims Adjuster to join their team on a 9M contract basis to cover maternity, which could end up going permanent. This role will be adjusting Casualty Reinsurance Claims including but not limited to; APH, Workers Compensation and European Motor. This will be a mix of International and US based risks.

My client is looking for someone with strong Claims Adjusting experience in the Casualty Reinsurance space.

Key Responsibilities
  • Manage an individual caseload, analysing critical data and factual reports, setting appropriate reserves, negotiating settlements directly with Cedants, and confidently making and supporting independent decisions.
  • Maintain accurate and up-to-date claims files, ensuring all data is captured in line with best practice standards.
  • Prepare clear, concise written and verbal reports for senior management.
  • Develop and maintain effective working relationships with Cedants, Brokers, Co-Reinsurers, and Legal Representatives in the evaluation and management of reinsurance claim exposures.
  • Ensure all policy obligations are fulfilled and that Customers are Treated Fairly at all times.
  • Adhere to all compliance requirements, maintain strict confidentiality, and act as a company representative by modelling and upholding company policies and standards.
  • Deliver against agreed objectives and performance targets.
  • Support team success by contributing to related tasks, initiatives, and projects as required.
  • Contribute to profitable growth by providing risk insights, trend analysis, and identifying emerging risks.
  • Support audits of Cedants and other relevant parties, including participation in due diligence activities where required.
  • Liaise effectively with actuarial, finance, and operations teams as necessary.
  • Stay informed of relevant legal, regulatory, and medical developments.
  • Escalate and report significant developments, issues, and trends to the Head of London Market Claims as appropriate.

Claims Adjuster - Casualty Reinsurance employer: HFG Insurance Recruitment

As a leading Lloyd's Insurer located in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our team-oriented environment encourages collaboration and innovation, offering ample opportunities for professional advancement within the Casualty Reinsurance sector. With competitive benefits and a commitment to treating our employees fairly, we provide a rewarding workplace where your contributions are valued and recognised.
HFG Insurance Recruitment

Contact Detail:

HFG Insurance Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Claims Adjuster - Casualty Reinsurance

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by brushing up on your claims adjusting knowledge. Be ready to discuss specific cases you've handled, especially in Casualty Reinsurance. Show us you can analyse data and negotiate settlements like a champ!

✨Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Claims Adjuster position.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect match for your skills. Keep an eye on our listings and get your application in – we’d love to see you join our team!

We think you need these skills to ace Claims Adjuster - Casualty Reinsurance

Claims Adjusting Experience
Data Analysis
Negotiation Skills
Report Writing
Relationship Management
Compliance Knowledge
Confidentiality
Performance Target Management
Risk Insights
Trend Analysis
Legal and Regulatory Awareness
Team Collaboration
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Claims Adjuster role. Highlight your experience in Casualty Reinsurance and any specific claims you've managed. We want to see how your skills match 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 the perfect fit for this role. Share your passion for claims adjusting and how you can contribute to our team at StudySmarter.

Showcase Your Communication Skills: Since you'll be preparing reports and liaising with various stakeholders, it's crucial to demonstrate your communication skills. Use clear and concise language in your application to reflect this ability.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at HFG Insurance Recruitment

✨Know Your Claims Inside Out

Make sure you brush up on your knowledge of Casualty Reinsurance claims, especially APH, Workers Compensation, and European Motor. Be ready to discuss specific cases you've handled and how you approached them, as this will show your expertise and confidence in the field.

✨Showcase Your Analytical Skills

Prepare to demonstrate your ability to analyse critical data and factual reports. Think of examples where your analytical skills led to successful negotiations or settlements. This will highlight your capability to manage an individual caseload effectively.

✨Build Rapport with Stakeholders

Since the role involves liaising with Cedants, Brokers, and Co-Reinsurers, think about how you can showcase your relationship-building skills. Share experiences where you’ve developed effective working relationships and how that contributed to successful outcomes.

✨Stay Updated on Industry Trends

Familiarise yourself with the latest legal, regulatory, and medical developments in the reinsurance space. Being able to discuss current trends and emerging risks will not only impress your interviewers but also show that you’re proactive and engaged in your profession.

Claims Adjuster - Casualty Reinsurance
HFG Insurance Recruitment

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