Claims Handler

Reed

Posted 8 days ago, valid for 18 days

London, Greater London WC1A 2LP, England

£60,000 - £72,000 per annum

Full Time

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Sonic Summary

The position involves managing yacht claims from the first notice of loss (FNOL) to settlement.
Candidates must have over 5 years of experience in Claims, particularly with Marine or Yacht Claims.
The role requires maintaining strong relationships with insurers and the internal yacht team, ensuring transparency in claims progress.
An effective reserving policy and management of claims payments are essential responsibilities of this role.
The salary for this position is competitive and commensurate with experience.

The Main Duties of this position include:

• Handling yacht claims from FNOL to settlement

• Maintaining an effective reserving policy and effective management of claims payments

• Strong relationship management with insurers, the internal yacht team and producers alike, maintaining positive dialogue and transparency in progress of claims.

• Full management of claims within an agreed threshold and liaison with insurers over that threshold for notification, approval and payment.

• Active communication with the Finance department in respect of claims settlements on behalf of insurers.

• Managing the workload of the part time yacht claims assistant and others as the team grows.

Requirements:

• Over 5 years experience working in Claims

• Previous experience and knowledge of Marine or Yacht Claims

• Knowledge and oversight of the yacht portfolio to provide advice relevant to the underwriting of the account.

• Accurate record keeper with the ability to streamline and improve the efficient processing of all claims.

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