We are recruiting for a Senior Claims Adjuster - Financial Lines on behalf of a leading Lloyd’s Syndicate.

The successful candidate will adjust a portfolio of Professional Lines claims including FI, D&O and E&O.

Key Responsibilities

• Setting up, investigating and authorising claim payments within specified authority.
• Reviewing incoming claim correspondence on existing claims.
• Preparing claims correspondence on questions of coverage and claims value.
• Instructing and managing experts.
• Negotiating and settling claims within specified authority and recommending reserves beyond authority.
• Reviewing and maintaining caseload.
• Drafting / amending declinatures and referring into the head of PL and / or European Head of Claims for approval.
• Managing and handling claims that fall outside any delegated authority.
• Carrying out aged file / static claims reviews as required.
• Proactively managing vendors, such as defence counsel and coverage counsel.
• Working with underwriters to provide updates, evaluate exposures, and assist with development of policy wordings and other contractual documents.

Key Requirements

• 10+ years of financial lines complex claims handling experience on both Company and Lloyd’s platforms.
• Excellent policy wordings knowledge.
• Knowledge of the London Market is essential.
• Proven ability to work with senior management, claims / legal professionals, other insurers, brokers, affiliated companies and clients.
• Excellent technical skills; coverage / defence / reserving / file management / KPI’s.
• Ability to present well to senior management (Large Loss meetings etc).
• Some understanding of portfolio management and be able to interpret report on Claims MI and use EDW.
• Good knowledge of the MS Office, Genius, TRAX, Open Box, ECF2.

Keywords: Senior Claims Adjuster; Financial Lines; Lloyd's Syndicate

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