Claims Advocate – Financial Lines – 27842

The Emerald Group; London; On-site; GBP 60,000 - 80,000

Job description

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: Insurance
• 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 a superior level of communication between the client, underwriter, and their representatives concerning the proposed settlement.
• Experience dealing with claims from the 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).