You will handle and negotiate the settlement of claims, including, where appropriate, those of a large and complex nature. You’ll 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 support more junior members of the team in their development. Working closely with portfolio underwriters is also essential in this role for my client.
Your Role:
- Responsible for handling all sub-classes of Financial Lines Claims for a wide variety of international financial institution clients
- Handle complex Financial Lines Claims from first advice to final settlement including full analysis of coverage/liability, reserve evaluations and resolution strategy
- 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 strong 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.
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