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Claims Adjuster, Financial Lines

Convex Insurance
LondonOn-site2w ago
Employment
Permanent Full Time

About the role

Some of the key tasks may include:

  • Claims management from first notification of loss to final settlement including coverage analysis; investigation; evaluation; reserving and resolution in accordance with established guidelines, service standards and regulations. 
  • Actively manage claims to achieve the best indemnity outcomes.
  • Operate in alignment to Convex claims key performance indicators, governance frameworks, Convex claims procedures and processes.
  • Review claims movements and act as an advisor to the business about potential exposures.
  • Manage TPA and Coverholder relationships, in conjunction with the Claims Operations team.
  • Take responsibility for data gathering and sharing industry or event knowledge with relevant colleagues.
  • Contribute to the attraction and retention of business through service excellence.
  • Ensure great loss outcomes and reserve accuracy through direct intervention on large loss events where required, and identification of loss trends which may impact ranking, reserves or risk selection.
  • Build and sustain relationships with insurance underwriters, brokers and clients and work collaboratively together in addition to liaison with actuaries and data teams internally on loss related matters.
  • Contribute to the preparation of local claims reports and claims updates to the Board as required.
  • Be prepared to participate in wider claims strategic initiatives or committees within the organisation.
  • Understand that our purpose enables us to deliver the best claims service experience to clients and meet all regulatory requirements.
  • Be an advocate for client service as a brand differentiator and demonstrate behaviour that aligns to the Convex core values.

Skills Knowledge and Expertise

  • Robust Financial Lines Claims experience within a fast-paced environment and focus on service excellence.
  • Articulate and well-rounded communicator at all levels of seniority.
  • Excellent negotiation and diplomacy skills.
  • A high degree of problem-solving capability.
  • Detail orientated with analytical mindset.
  • Work at speed given complex and difficult technical situations, with well-developed prioritisation skills.
  • Flexible and adaptable to change, able to contribute in an entrepreneurial environment.
  • Prior experience of undertaking client claims reviews and audit activities.
  • Worked in an environment where innovation is balanced with pragmatism and speed of execution.
  • Strong learning and curious mindset with an appetite to deliver continuous improvement.

Benefits

  • Competitive Salary
  • 30 days Annual Leave
  • Birthday Leave
  • 10% Employer Pension Contribution
  • Private Health Insurance Medical Cover
  • Group Income Protection
  • Life Assurance Cover
  • Enhanced Parental Leave
  • Annual Health Check
  • 3 days of Volunteer Leave each year
  • £1,300 to spend on learning & wellbeing
  • Give as You Earn
  • Cycle to Work
  • Season Ticket Loan

Perks & benefits

  • Medical Insurance

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