New Vacancy - Assumed Senior Claims Adjuster
City of London | Hybrid
Insurer

I am currently recruiting for a leading insurer who are looking for an Assumed Senior Claims Adjuster to join their US Legacy team.

My client is looking for someone with 10+ years of experience in Reinsurance Claims within the London Market.

⭐ Bonus points if you bring any knowledge of US Legacy Liability!

Key Responsibilities:

• Manage a personal caseload of complex and high-value claims, including analysing critical data and reports, recommending appropriate reserves, negotiating settlements with Cedants, and confidently making and supporting decisions.
• Collaborate with Cedants, Brokers, Co-Re-insurers, and Attorneys to handle and analyse reinsurance claim exposures effectively.
• Take a proactive approach to claims management, exploring alternatives to resolve their exposure when necessary.
• Leverage strong knowledge of litigation and alternative dispute resolution processes, participating in all stages, including discovery, depositions, and hearings.
• Prepare clear and concise written and verbal reports for senior management.
• Ensure compliance with policy obligations, Treat Customers Fairly, and adhere to applicable Conduct requirements.
• Contribute to claims objectives and drive profitable growth by identifying risk insights, trends, and emerging risks.
• Handle cases in-house where possible, appointing and liaising with legal representation only when necessary.
• Plan, conduct, and report on audits of Cedants and other parties, including due diligence reviews.
• Provide technical guidance to junior team members, supporting their development in claims handling and strategy formulation.
• Coordinate with actuarial, finance, and operations teams as needed.
• Stay updated on legal, regulatory, and medical developments impacting claims.
• Report significant developments, issues, and trends to the Head of Claims.
• Support the wider Claims team with additional responsibilities as required.