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Claims Adjuster - US Property Binders

Claims Adjuster - US Property Binders

Claims Recruitment Services

Posted a month ago, valid for 7 days

London, Greater London EC1R 0WX

£35,000 - £42,000 per annum

Full Time

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Sonic Summary

The position of Claims Adjuster is available with a well-established Lloyd's Syndicate in London, offering a negotiable salary and excellent benefits.
The successful candidate will manage a portfolio of US Property Binders claims, focusing on Direct and Facultative Reinsurance, Excess of Loss, and Proportional Treaty classes.
Key responsibilities include acting within claims handling authority, determining coverage, negotiating with brokers, and maintaining reserves.
Candidates must have experience handling Direct and Facultative Reinsurance Claims, particularly in areas such as Downstream Energy & Power and Political Violence.
A minimum of three years of relevant experience is typically required for this role.

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 and 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

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