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Claims Adjuster - US Property Binders

Claims Recruitment Services
Posted 12 days ago, valid for 14 days
Location

London, Greater London EC1R 0WX

Salary

£30,000 - £50,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for a Claims Adjuster at a reputable Lloyd's Syndicate in London, offering a negotiable salary and excellent benefits.
  • The successful candidate will manage a portfolio of US Property Binders claims, including Direct and Facultative Reinsurance classes.
  • Key responsibilities include determining coverage, negotiating claims with brokers, and maintaining reserves.
  • Candidates are required to have experience handling Direct and Facultative Reinsurance Claims, particularly in sectors such as Downstream Energy & Power and Political Violence.
  • The role demands the ability to manage multiple major claims across various jurisdictions simultaneously.

Claims Adjuster - US Property Binders

London

Negotiable Salary + Excellent Benefits

We are currently recruiting for a Claims Adjuster on behalf of our client, a very well-established and highly regarded Lloyd's Syndicate.

Reporting into the Property Claims Manager, the successful candidate will be responsible for managing a portfolio of US Property Binders claims across a range of Direct, Facultative Reinsurance, Excess of Loss and Proportional Treaty classes of business.

Key Responsibilities

  • Acting within an agreed claims handling authority and upholding the departmental objectives.
  • Receiving and acting upon first notifications and updates, determining coverage.
  • Taking a fair and proportionate approach towards policyholders.
  • Agreeing valid claims.
  • Establishing and maintaining reserves.
  • Carrying out negotiations with brokers, face to face when required.
  • Handling claims electronically predominately via market systems and DocoSoft.

Key Requirements

  • Experience of handling Direct and Facultative Reinsurance Claims in the classes of Downstream Energy & Power, Construction, Political Violence & Terror, and Property including Binders / Lineslips.
  • The ability to handle major claims through the discovery and dispute resolution processes, and being able to manage multiple claims in their class of business within multiple jurisdictions simultaneously.

Keywords: Claims Adjuster; Claims Handler; Property Claims; Property Binders Claims; Direct Reinsurance; Facultative Reinsurance; Political Violence Claims; Terrorism Claims; Downstream Energy & Power Claims; Binders; Lineslips; US Claims; North American Claims; London Market; Lloyd's Market; Lloyd's Syndicate

We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information - www.claimsrecruitment.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.