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Claims Specialist – Wholesale Financial Lines – 28225

The Emerald Group

London

On-site

GBP 40,000 - 80,000

30+ days ago

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Job summary

An established industry player is seeking a dedicated Claims Manager to oversee the management and strategy of Financial Lines claims. In this pivotal role, you will handle everything from the first notification of loss to the successful settlement of claims. Your expertise in negotiation and data analysis will be crucial as you liaise with clients, underwriters, and other stakeholders to ensure smooth communication and resolution of claims. Join a forward-thinking company that values your contributions and offers a dynamic environment where your skills can shine.

Qualifications

  • Experience in managing Financial Lines claims from notification to settlement.
  • Strong negotiation skills with clients and underwriters.

Responsibilities

  • Manage the notification, agreement, collection, and settlement of claims.
  • Conduct data analysis to identify trends in claims for clients.

Skills

Claims Management

Negotiation

Data Analysis

Financial Lines Claims Knowledge

Communication Skills

Tools

CLASS Processing System

ECF Processing System

Job description

In this exciting role, you will be primarily responsible for the management, strategy and process for the notification, agreement, collection and successful settlement of a portfolio of Financial Lines claims

  • Location: London
  • Category: Claims
  • Type: Permanent

Key Duties (Including but not limited to):

  • First notification of loss for D&O, PI and Crime claims
  • Negotiation and liaison with markets, clients, placement teams, specialists, network offices, underwriters and appointed authorities (loss adjusters, lawyers etc.)
  • Conduct data analysis to establish the claims history for a particular client or business portfolio, and to identify trends and patterns in claims for a client or business segment
  • Negotiate the payment and settlement of claims with clients and underwriters
  • Coordinate discussions and, where appropriate, meetings to ensure superior level of communication between the client, underwriter and their representatives concerning the proposed settlement
  • Experience Dealing with claims from First Notification of Loss to resolution
  • Knowledge of Financial Lines Claims and confidence to coordinate and initiate discussions with their networks, clients, underwriters and experts
  • Experience of the CLASS and ECF Processing system (preferable)
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