At a Glance
- Tasks: Manage legacy claims and reinsurance while ensuring compliance with service agreements.
- Company: Join a leading insurance organization that's rapidly growing and innovating in the industry.
- Benefits: Enjoy a hybrid work model, competitive salary, bonuses, and a comprehensive benefits package.
- Why this job: Be part of a dynamic team, make impactful decisions, and enhance your career in a supportive environment.
- Qualifications: Experience in claims adjusting and strong analytical skills are essential for this role.
- Other info: Opportunity to work closely with clients and external experts, contributing to high-stakes projects.
The predicted salary is between 45000 - 75000 £ per year.
Position: Senior Claims Adjuster
Salary: To £75,000 + bonus
Location: London
Type: Permanent
This leading insurance organisation is continuing to grow at an impressive rate and is now looking for an experienced Senior Claims Adjuster to focus on Legacy Claims and Reinsurance. The position offers a hybrid working arrangement and an excellent benefits package.
Duties will include:
- Ensure that all Client reporting adheres to the standards and timeframes stipulated within each Service Level Agreement.
- Handle claims ensuring reserves are established in the company systems in an accurate and timely manner in line with agreed claims authorities applicable to each respective client.
- Ensure that “follow” claims are monitored daily via the market bureaux claims messages.
- Use expertise to handle contentious claims appropriately with referral to applicable authorities as appropriate.
- Manage relationships with external experts as applicable to each case and within agreed terms of engagement.
- Maintain flow of information with Actuarial Team to ensure that all necessary detail is provided to assist with the establishment of IBNR.
- Support all reporting to the boards of clients and oversee projects as required by Clients and company Management.
- Support periodic audits and adhere to all regulatory requirements.
- Attend internal and external meetings at all levels and contribute to ensure that accurate records of these meetings are maintained for future reference.
- Provide support to the Client Services Manager as required.
- Provide support to the Claims Operations Team as required.
- Provide support to the Claims Manager as required.
- Maintain compliance with any applicable UK or International statutory or regulatory obligation as required by the role.
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Senior Claims Adjuster. employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims Adjuster.
✨Tip Number 1
Familiarize yourself with the latest trends and regulations in the insurance industry, especially regarding legacy claims and reinsurance. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the insurance sector, particularly those who specialize in claims adjusting. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at StudySmarter.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully managed contentious claims or collaborated with external experts. Highlighting these experiences will showcase your expertise and problem-solving skills, which are crucial for this role.
✨Tip Number 4
Research StudySmarter's values and mission to align your responses during the interview. Understanding our company culture will help you articulate how your skills and experiences make you a great fit for the Senior Claims Adjuster position.
We think you need these skills to ace Senior Claims Adjuster.
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in claims adjusting, particularly focusing on legacy claims and reinsurance. Use specific examples that demonstrate your expertise in handling contentious claims and managing client relationships.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, such as ensuring compliance with regulatory requirements and supporting client services.
Highlight Relevant Skills: Emphasize key skills that are crucial for the Senior Claims Adjuster position, such as attention to detail, strong communication abilities, and experience with actuarial teams. Make sure to provide examples of how you've successfully applied these skills in previous roles.
Proofread Your Application: Before submitting your application, carefully proofread all documents to eliminate any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which are essential in the insurance industry.
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Claims Inside Out
Make sure you have a solid understanding of legacy claims and reinsurance. Be prepared to discuss specific cases you've handled, the challenges you faced, and how you resolved them. This will demonstrate your expertise and ability to manage complex claims.
✨Familiarize Yourself with Service Level Agreements
Since adherence to Service Level Agreements is crucial in this role, review common standards and timeframes in the industry. Be ready to explain how you ensure compliance and what steps you take to meet client expectations.
✨Highlight Your Relationship Management Skills
This position requires managing relationships with external experts and internal teams. Prepare examples of how you've successfully collaborated with others, resolved conflicts, or improved communication in past roles.
✨Prepare for Regulatory Questions
Given the importance of compliance in this role, be ready to discuss your experience with regulatory requirements. Think about how you've ensured compliance in previous positions and be prepared to share specific examples.