At a Glance
- Tasks: Provide efficient claims service and manage a diverse caseload of insurance claims.
- Company: Join Lancashire Group, known for its collaborative and honest culture.
- Benefits: Gain valuable experience in a supportive environment with potential career growth.
- Other info: Be part of a dynamic team that values your voice and contributions.
- Why this job: Make a real difference by helping clients return to their pre-loss condition.
- Qualifications: Experience in claims is a plus, but strong communication and IT skills are essential.
The predicted salary is between 36000 - 60000 £ per year.
The primary purpose of the role is to provide an efficient and effective claims service for our clients, by responding to each claim notified in a proactive manner in order to return our clients to their pre-loss condition as expeditiously as possible.
Specific Responsibilities
- The accurate and timely investigation, administration, quantification, negotiation and settlement of any potential exposures notified to Lancashire Group subsidiaries within pre-agreed authorities and service targets.
- Maintain primary responsibility for caseload of attritional, large and complex losses on insurance, reinsurance and delegated business, with referral where required.
- Develop and maintain relationships with underwriting, exposure management, actuarial, finance as well as within the claims function colleagues.
- Develop and maintain relationships with brokers, peers and service providers within the market as an ongoing concern.
- Report reasonably foreseen matters within the EP&C claims arena that may affect the reputation or financial position of the firm, immediately to EPC Claims Manager.
- Perform case reserve reviews as required and report any claim trends identified.
- Maintain accurate records for auditing purposes and preparing reports as necessary.
- Advise Underwriters in respect of any requisite policy language evolution.
- Participate in catastrophe response as required and ensure any regulatory reporting timeframes are adhered to.
- Ad hoc duties as required.
Essential Skills & Requirements
- Up to 5 years’ experience in a similar role preferable but not essential.
- Sound understanding of basic claim principles.
- Accuracy and attention to detail with high standards.
- Excellent written and verbal communications skills, and interpersonal skills.
- Excellent IT skills including MS Office, Word and Excel skills.
- Working knowledge of ECF2 & changes brought about by blueprint 2 preferable but not essential.
- Ensure knowledge is kept up-to-date with current insurance issues and legal developments.
The Lancashire Way
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
- Straight-talking: We feel empowered to share thoughts and ideas, because everyone’s voice matters.
- Collaborative: We work together towards common goals, share knowledge and support each other.
- Hard-working: We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
- Responsible: We focus on achieving tangible results with consistent standards across the Group.
- Positive: We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
Claims Adjuster (Maternity Cover - 12 months) employer: The Lancashire Group
Contact Detail:
The Lancashire Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Adjuster (Maternity Cover - 12 months)
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in claims. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by practising common claims scenarios. Think about how you would handle various situations and be ready to discuss your thought process. This shows you're proactive and know your stuff!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Claims Adjuster role. We love seeing applications directly from candidates who are keen on joining our team!
We think you need these skills to ace Claims Adjuster (Maternity Cover - 12 months)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Adjuster role. Highlight relevant experience and skills that match the job description, like your understanding of claim principles and attention to detail.
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. Mention your experience in claims and how you can contribute to returning clients to their pre-loss condition.
Show Off Your Communication Skills: Since excellent written and verbal communication is key for this role, make sure your application reflects that. Keep your language clear and professional, and double-check for any typos or errors.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at The Lancashire Group
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of claims principles and the specific responsibilities outlined in the job description. Being able to discuss how you would handle various claims scenarios will show that you're proactive and well-prepared.
✨Showcase Your Communication Skills
Since excellent written and verbal communication skills are essential for this role, practice articulating your thoughts clearly. Consider preparing examples of how you've effectively communicated with clients or colleagues in past roles to demonstrate your interpersonal skills.
✨Familiarise Yourself with Industry Trends
Stay updated on current insurance issues and legal developments. This knowledge will not only help you answer questions confidently but also show your commitment to the industry and the role, making you a more attractive candidate.
✨Emphasise Teamwork and Collaboration
The job requires working closely with various teams, so be ready to discuss your experience in collaborative environments. Share specific examples of how you've worked with others to achieve common goals, as this aligns with the company's values.