Claims Adjuster in London

Claims Adjuster in London

London Full-Time 54000 - 66000 £ / year (est.) Hybrid
Tokio Marine HCC – A&H Group

At a Glance

  • Tasks: Join a dynamic claims team to review and settle property claims efficiently.
  • Company: Tokio Marine HCC, a leading specialty insurer with a focus on innovation.
  • Benefits: Competitive salary, employee benefits, and opportunities for professional growth.
  • Other info: Flexible working with 3 days in the office and 2 days remote.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: 3+ years in property claims and strong communication skills required.

The predicted salary is between 54000 - 66000 £ per year.

Location: St Botolph Building, City of London

Position type: 35 hrs p/w (3 days in the office, 2 days home)

Overview:

Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose:

The successful individual will be joining a highly motivated claims team working on Property D&F and Treaty lines, which include Property Risk & Cat, Engineering and other specialty lines of business, written in worldwide territories. The role is to ensure that claims are reviewed and settled in a timely and equitable manner, whilst constantly striving to develop and improve service and quality standards.

Key Responsibilities:

  • Regularly meeting with Underwriters to provide feedback with regards to the structure of their claims issues and related risk information with the goal to improve the overall standard of underwriting in the company.
  • Internal liaison with Actuarial, Ceded Reinsurance, Finance and Operations.
  • External liaison with Brokers, market leaders and retained experts.
  • Acting within an agreed claims handling authority across a varied portfolio of claims and upholding the departmental objectives.
  • Receiving and acting upon first notifications, updates, determining coverage and agreeing valid claims.
  • Handling claims electronically via ECF writeback and engaging in market meetings and conference calls when necessary.
  • To be actively present at market meetings and conference calls when relevant and necessary.
  • Ensuring customers are treated fairly at all times.
  • Practice and promote Tokio Marine HCC's Claims Value Proposition, to both internal and external contacts alike.
  • Adhering to Lloyd's Minimum Standards.
  • Undertake other ancillary work including static claims, diary management and other project work as and when required.
  • Take a leading role in other ad hoc activities that may be required.

Skills and Experience Specification:

Essential:

  • Experience in handling of Property (Direct and Reinsurance) claims across multiple lines of business and territories.
  • 3+ years experience in the London Market.
  • An excellent knowledge of ECF and the Lloyd’s Claims Schemes.
  • Excellent Interpersonal skills are required as the duties of this role involves liaising with outsourcing partners, negotiation and liaising with brokers, loss adjusters and lawyers.
  • Enthusiastic and possess good technical knowledge with a willingness to learn and work together with the wider team to maintain excellent service levels.
  • Ability to work pro-actively with good organisational and time management skills.
  • Good communication skills both written and verbal.

Desirable:

  • Qualified or studying towards ACII qualification.

What We Offer:

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.

Claims Adjuster in London employer: Tokio Marine HCC – A&H Group

Tokio Marine HCC is an exceptional employer that fosters a culture of integrity, empowerment, and collaboration, making it a great place for professionals to thrive. With a competitive salary and benefits package, including generous paid time off, flexible work schedules, and opportunities for advancement, employees can enjoy a rewarding work-life balance in the vibrant city of Boston. The company's commitment to innovation and employee growth ensures that every team member can make a meaningful impact while being part of a dynamic and rapidly growing organization.

Tokio Marine HCC – A&H Group

Contact Details:

Tokio Marine HCC – A&H Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land 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

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✨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 Tokio Marine HCC – A&H Group. 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 Claims Adjuster in London

Claims Handling
Property Insurance Knowledge
Reinsurance Knowledge
Lloyd's Claims Schemes
ECF Proficiency
Interpersonal Skills
Negotiation Skills

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 Tokio Marine HCC – A&H Group.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Tokio Marine HCC – A&H Group. 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 Tokio Marine HCC – A&H Group

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Tokio Marine HCC – A&H Group 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 Tokio Marine HCC – A&H Group, 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 Tokio Marine HCC – A&H Group'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.