Claims Adjuster - Financial Lines

Posted 02 October 2023
Salary £45000 - £55000 per annum
LocationCity of London
Discipline Claims
ReferenceCA369
Contact NameBertie Hayward

Job description

HFG are currently recruiting on behalf of a Top Lloyd's Syndicate who are looking to add a Claims Adjuster to their Financial Lines division. This position will offer exposure to PI, FI, D&O and Cyber London Market Claims.

They are looking for someone with 1-3 years Claims Handling experience within this field/class of business.

Key Responsibilities

  • Taking proactive action in managing a variety of FINPRO claims, from initial guidance to resolution, by utilizing the necessary expertise to investigate coverage, liability, amount, and overall strategy of each case.
  • Consistently following the appropriate claims reserving philosophy and standards while seeking guidance as needed.
  • Maintaining close communication with relevant parties throughout the lifespan of the claim, such as the policyholder, broker, co-insurers, actuaries, and underwriters.
  • Ensuring compliance with best practices, service standards, and communication protocols through system reporting and internal file audits.
  • Adhering to the approved panel list, including providing guidance to external lawyers and adjusters.
  • Collaborating with underwriters and business development managers to promote positive working practices and foster strong client relationships.
  • Maintaining proper file organization and documentation.
  • Working with the Claims Manager and Head of FINPRO as necessary.