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Claims Advocate – Financial Lines – 27842

The Emerald Group

London

On-site

GBP 60,000 - 80,000

30+ days ago

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Job summary

An established industry player is seeking a dedicated Claims Manager to oversee the strategic management of Financial Lines claims. This role involves negotiating settlements, conducting data analysis to uncover claims trends, and ensuring effective communication with clients and underwriters. The ideal candidate will have a robust understanding of Financial Lines claims and a proven track record in claims management from initial notification to resolution. Join a dynamic team where your expertise will directly impact client satisfaction and operational success.

Qualifications

  • Proven experience in managing Financial Lines claims from notification to resolution.
  • Strong negotiation skills and ability to liaise with various stakeholders.

Responsibilities

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

Skills

Claims Management

Negotiation

Data Analysis

Financial Lines Claims Knowledge

Communication

Tools

CLASS Processing System

ECF Processing System

Job description

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
  • 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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