At a Glance
- Tasks: Manage claims across Financial and Casualty lines for timely and fair outcomes.
- Company: Leading Lloyd's Insurer based in the City of London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a growing team and make a real impact in the insurance industry.
- Qualifications: Extensive experience in handling Casualty Claims within the Lloyd's Market.
- Other info: Opportunity to work with a supportive team and enhance your career.
The predicted salary is between 36000 - 60000 £ per year.
Overview
New Vacancy - Senior Claims Adjuster - Casualty & Financial Lines. Lloyd's Insurer, City of London.
I am currently partnered with a leading Lloyd's Insurer who are seeking a Senior Claims Adjuster to join their growing team.
Responsibilities
- Manage an allocated portfolio of claims across Financial and Casualty lines to achieve fair, timely, and effective outcomes for all interested parties, with a focus on reducing claims lifecycle times and minimizing static claims.
- Support the delivery of a consistent, high-quality claims service, ensuring all claims are assessed fairly and promptly in line with Lloyd's standards and internal service expectations, including ECF turnaround requirements.
- Assist in the production of internal and external management information and reporting, and support the operation of key claims controls (including aged claims, static claims, purge reports, and diary management).
- Contribute to overall portfolio profitability by ensuring claims are handled appropriately, subrogation opportunities are identified and maximized, and claims-related expenses are effectively controlled.
- Operate within agreed financial and non-financial claims authorities, including making appropriate referrals for declinatures, reservations of rights, and litigation matters, in accordance with established referral and governance processes.
- Provide support with reinsurance-related queries to facilitate timely recovery and accelerate claims payments.
Requirements
My client is looking for someone who has extensive experience handling related Casualty Claims from worldwide jurisdictions within the Lloyd's Market. ECF and Lloyd's Claims System experience is essential for this role.
Senior Claims Adjuster - Casualty & Financial Lines in London employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims Adjuster - Casualty & Financial Lines in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyd's Insurers. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Casualty and Financial lines. We recommend practising common interview questions and scenarios related to claims management to show you’re the right fit for the role.
✨Tip Number 3
Don’t forget to showcase your ECF and Lloyd's Claims System experience during interviews. Highlight specific examples where you’ve successfully managed claims and improved processes to demonstrate your expertise.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive roles listed that you won’t find anywhere else.
We think you need these skills to ace Senior Claims Adjuster - Casualty & Financial Lines in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Claims Adjuster role. Highlight your experience with Casualty and Financial lines, and don’t forget to mention any relevant ECF and Lloyd's Claims System experience. We want to see how you fit into 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 how you've managed claims effectively and contributed to portfolio profitability in the past. Let us know what makes you tick!
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Did you reduce claims lifecycle times or improve service delivery? We love numbers, so if you can quantify your successes, even better!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
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 and financial lines claims. Be prepared to discuss specific cases you've handled, focusing on how you achieved fair outcomes and reduced claims lifecycle times. This will show that you understand the intricacies of the role and can hit the ground running.
✨Familiarise Yourself with Lloyd's Standards
Since the role is with a Lloyd's Insurer, it's crucial to be well-versed in Lloyd's standards and internal service expectations. Review the ECF turnaround requirements and be ready to explain how you've adhered to similar standards in your previous roles. This demonstrates your commitment to quality service.
✨Highlight Your Reporting Skills
The job involves producing management information and reporting, so be prepared to discuss your experience in this area. Bring examples of reports you've created or contributed to, and how they supported decision-making processes. This will showcase your analytical skills and attention to detail.
✨Showcase Your Financial Acumen
Understanding the financial aspects of claims handling is key. Be ready to talk about how you've contributed to portfolio profitability, managed claims-related expenses, and identified subrogation opportunities. This will highlight your ability to operate within financial authorities and make sound decisions.