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Claims Adjuster - Professional Indemnity

Claims Recruitment Services
Posted 13 hours ago, valid for 12 days
Location

London, Greater London EC1R 0WX

Salary

£40,000 - £48,000 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 Professional Indemnity Claims Adjuster in London, offering a negotiable salary and excellent benefits.
  • The successful candidate will manage a portfolio of complex Professional Indemnity claims, adhering to established Claims Guidelines.
  • Key responsibilities include liaising with Underwriters, preparing monthly claims reports, and supporting major loss claims.
  • Applicants should have previous experience handling Professional Indemnity Claims within the Lloyd's or London Market.
  • Excellent verbal and written communication skills are required for this role.

Claims Adjuster - Professional Indemnity

London

Negotiable Salary + Excellent Benefits

We are currently recruiting for a Professional Indemnity Claims Adjuster on behalf of our client, one of the industry's most highly respected and top performing Lloyd's Syndicates.

The successful candidate will provide support to the Syndicate by handling a portfolio of Professional Indemnity claims.

Key Responsibilities

  • Handling complex Professional Indemnity claims as defined in the Claims Guidelines within authority.
  • Dealing with referrals on claims within authority.
  • Liaising with Underwriters and updating them on claims developments, as well as preparing and delivering the monthly Professional Indemnity claims report.
  • Liaising with the Outwards Reinsurance team so that they are aware of developments on significant claims that may impact the company's reinsurances.
  • Implementing the overall claims handling strategy as instructed by the Line Manager/Head of Non-Marine Claims.
  • Liaising with insurers regarding complex claim CLASS entries.
  • Reviewing daily SCM and highlighting claims which need further review.
  • Liaising with Underwriters, Brokers and Loss Adjusters to update reserves and obtain reports.
  • Providing support on major losses (including attending claims meetings).
  • Assisting in the preparation of regular claims reports.
  • Liaising with the RI team to provide loss information to reinsurers.
  • Supporting in catastrophe management with regards to preparing reports and investigating exposure on accounts deemed to be impacted.
  • Providing assistance to the Claims team in the preparation and analysis of MI.

Key Requirements

  • Previous experience of handling Professional Indemnity Claims within the Lloyd's / London Market.
  • Excellent communication skills, both verbal and written.

Keywords: Claims Adjuster; Claims Handler; Professional Indemnity Claims; Professional Negligence Claims; Financial Lines Claims; Financial Institutions Claims; FI Claims; FL Claims; D&O Claims; BBB 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.