At a Glance
- Tasks: Manage complex reinsurance claims and ensure timely, accurate settlements.
- Company: Leading insurer in the Lloyd's of London Market with a strong reputation.
- Benefits: Competitive salary, professional development, and opportunities for global collaboration.
- Other info: Opportunity to work with international teams and enhance your career.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Strong expertise in reinsurance claims and excellent communication skills.
The predicted salary is between 72000 - 88000 £ per year.
We are recruiting for a Senior Claims Adjuster - Reinsurance, on behalf of one of the leading insurers in the Lloyd's of London Market.
The successful candidate will be responsible for the adjustment and management of a portfolio of complex reinsurance claims, including Treaty Casualty, Marine, Property and Aviation.
The role focuses on end-to-end claims handling, technical excellence, and stakeholder engagement, ensuring claims are assessed, reserved and settled accurately, fairly and in a timely manner.
Key Responsibilities
- Managing a portfolio of reinsurance claims, including complex and high-value losses across treaty classes.
- Ensuring timely and accurate coverage analysis, liability determination, reserving and settlement of claims.
- Maintaining strong control of large losses and catastrophe exposures.
- Applying reinsurance contract knowledge (including treaty wordings) to drive appropriate claims outcomes.
- Establishing and maintaining accurate claims reserves, ensuring alignment with expected loss development.
- Contributing to claims MI, including analysis of trends, large losses and portfolio performance.
- Supporting reserving processes through input into monthly and quarterly reviews.
- Building and maintaining strong relationships with cedants, brokers, underwriters, actuaries and internal stakeholders.
- Acting as a key point of contact for claims discussions and negotiations.
- Supporting effective collaboration across global claims teams, including Bermuda and Singapore where required.
- Working closely with underwriting and actuarial colleagues to support portfolio performance and profitability monitoring.
- Contributing to claims reporting, including large loss updates and material developments.
- Key Requirements
- Strong technical expertise in reinsurance claims handling.
- Proven experience managing complex and / or high-value claims in the London Market environment.
- Good understanding of reinsurance contract structures and coverage interpretation.
- Experience working with brokers, cedants and internal stakeholders.
- Strong analytical and reserving capability.
- Excellent communication and negotiation skills.
- Ability to prioritise workload and manage multiple claims effectively.
- Knowledge of Lloyd's market.
We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information.
Senior Claims Adjuster in London employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Adjuster 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 Jobiqo). 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 Jobiqo. 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 Senior Claims Adjuster 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 Jobiqo.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobiqo. 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 Jobiqo
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobiqo 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 Jobiqo, 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 Jobiqo'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.
