Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage and adjust financial lines claims, ensuring compliance and effective communication.
- Company: Leading Lloyd's Syndicate in the heart 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: 7 years of experience in Financial Lines Claims and US Claims knowledge required.
- Other info: Collaborative culture with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
I am currently partnered with a leading Lloyd's Syndicate who are seeking a Senior Claims Adjuster to join their growing team. My client is looking for a Senior Claims professional with 7 years handling Financial Lines Claims including but not limited to; PI, FI, D&O, Cyber. US Claims experience and ECF2 knowledge is essential for this role, and the ideal candidate will come from a Syndicate or Law Firm environment.
Key Responsibilities
- To adjust, settle, and manage claims arising under underwritten policies in accordance with agreed authority limits and in line with the Company's Claims Management Policies, Procedures, and associated guidance, including the Claims Philosophy and Reserving Protocol.
- To proactively and efficiently manage the Company's claims exposure in line with the prevailing legal and regulatory environment.
- To protect the Company's financial interests by ensuring the validity of claims payments and the maintenance of appropriate reserving levels.
- To provide customers with a prompt, efficient, and professional service, ensuring compliance with Treating Customers Fairly principles.
- To communicate claims developments, emerging trends, and material losses to relevant stakeholders, as appropriate.
- To ensure effective interaction between Claims Management and all relevant internal stakeholders.
- To ensure claims handling activities comply with the Company's claims philosophy, minimum standards, and individual claims authority limits.
- To ensure claims submitted via paper or electronic means are handled promptly, efficiently, and within agreed service levels from notification through to conclusion.
- To appoint, instruct, and manage service providers, including the development of appropriate strategies for claim resolution.
- To liaise with brokers, co-insurers, and customers on claims-related matters.
- To ensure claims records maintained on internal systems are accurate, complete, and up to date, including the effective management of individual workflows through electronic claims platforms.
- To work closely with Senior Management and Underwriting representatives to support the smooth operation of the business and ensure effective communication across all areas.
- To undertake and support claims management activities including, but not limited to, open claims reviews, reserving analysis, reinsurance analysis, reinsurer liaison, and other projects as reasonably requested.
- To participate in relevant professional, technical, and career development training, both internally and externally.
- To carry out any other duties of a similar nature reasonably requested, consistent with the skills and expertise of the role, subject to periodic review and consultation.
- To liaise with related internal functions to support effective claims management, including Underwriting, Actuarial, Risk Management, Finance, and Compliance.
- To attend internal meetings and committees as required.
Senior Claims Adjuster - Financial Lines in City of London employer: High Finance Limited
Contact Detail:
High Finance Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims Adjuster - Financial Lines in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Claims Adjuster role.
✨Ace the Interview
Prepare for your interviews by researching common questions for claims adjusters and practising your responses. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. Show them you’ve got the experience and skills they’re looking for!
✨Showcase Your Expertise
When you get the chance, highlight your specific experience with Financial Lines claims, especially in areas like PI, FI, D&O, and Cyber. We want to see how your background aligns with their needs, so don’t hold back on sharing relevant examples from your previous roles.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have exclusive job listings that you won’t find anywhere else. Let’s get you that Senior Claims Adjuster position!
We think you need these skills to ace Senior Claims Adjuster - Financial Lines in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in handling Financial Lines Claims. We want to see your expertise in areas like PI, FI, D&O, and Cyber clearly showcased.
Showcase Relevant Experience: When writing your application, emphasise your 7 years of relevant experience, especially if you've worked in a Syndicate or Law Firm. We love seeing candidates who can demonstrate their understanding of the claims process.
Be Clear and Concise: Keep your application clear and to the point. We appreciate straightforward communication, so avoid jargon and make sure your key achievements stand out.
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 this exciting opportunity.
How to prepare for a job interview at High Finance Limited
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Financial Lines claims, especially Professional Indemnity, Financial Institutions, Directors & Officers, and Cyber. Be ready to discuss specific cases you've handled and how you navigated the complexities involved.
✨Showcase Your Regulatory Savvy
Since the role involves managing claims in line with legal and regulatory environments, be prepared to talk about your experience with compliance and how you've ensured adherence to Treating Customers Fairly principles in past roles.
✨Demonstrate Your Communication Skills
Effective communication is key in this role. Think of examples where you've successfully liaised with brokers, co-insurers, or customers. Highlight how you kept stakeholders informed about claims developments and trends.
✨Prepare for Technical Questions
Expect questions about ECF2 and your experience with electronic claims platforms. Brush up on your technical knowledge and be ready to explain how you've used these tools to manage claims efficiently.
