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Financial Lines Claims Adjuster

Arthur
Posted 17 hours ago, valid for 22 days
Location

London, Greater London EC2V 7WS, England

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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  • Arthur is partnering with a reputable Lloyd's Syndicate to hire a Financial Lines Claims Adjuster for their London market claims department.
  • The role involves handling claims from the Financial Institutions book of business, both on a primary and excess basis.
  • Candidates should have proven experience in Financial Lines claims, preferably within a syndicate or company, and possess strong communication and organizational skills.
  • The position requires good knowledge of London market systems such as ECF or Class, along with proficiency in Microsoft Office applications.
  • The salary for this role is competitive, and candidates are expected to have a minimum of 3 years of relevant experience.
Arthur is excited to be partnering with highly reputable Lloyd's Syndicate who is looking to hire a Financial Lines Claims Adjuster to join their London market claims department. In this role you will be handling claims arising out of my clients Financial Institutions book of business on both a primary and excess basis. You will handle and negotiate the settlement of claims and also be responsible for working closely with external legal panel firms, brokers, and Insureds. You will be expected to provide excellent customer service, act autonomously within your settlement authority and work closely with Senior Adjusters and portfolio underwriters. Your Role:
  • Responsible for handling financial lines claims for a wide variety of financial institution, professional and commercial clients written in the International Professional Lines Division
  • Handle financial lines claims in a primary and excess capacity from first advice to final settlement including full analysis of coverage/liability, reserve evaluations and resolution strategy
  • The portfolio will include claims arising in international jurisdictions and will be a mixture of primary and excess and company and syndicate claims
  • You’ll work closely with claims management, external legal advisors, market leaders and brokers to ensure that the highest standard of technical claims handling and customer service is provided
  • Work closely with Underwriters on wording/policy issues, the provision of claims information and to attend client meetings as appropriate
  • Liaise with other internal stakeholders (actuarial, finance, reinsurance) as appropriate
Your Skills, Experience and Qualifications:
  • Proven experience working within Financial Lines claims, preferably in a syndicate or company
  • Have good London market system experience such as ECF or Class as well as good IT (Microsoft Office) skills, including Word, Excel, Access and Outlook
  • Possess strong independent organisational skills
  • Excellent written and verbal communication skills and ability to develop and sustain relationships with internal and external stakeholders
  • Legal or professional qualification an advantage but not essential.
For more information, please contact me on or

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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.