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Claims Adjuster (Maternity Cover - 12 months)

The Lancashire Group
LondonHybrid4mo ago
Employment
Contract

About the role

Specific Responsibilities

  • The accurate and timely investigation, administration, quantification, negotiation and settlement of any potential exposures notified to Lancashire Group subsidiaries within pre-agreed authorities and service targets.
  • Maintain primary responsibility for caseload of attritional, large and complex losses on insurance, reinsurance and delegated business, with referral where required.
  • Develop and maintain relationships with underwriting, exposure management, actuarial, finance as well as within the claims function colleagues.
  • Develop and maintain relationships with brokers, peers and service providers within the market as an ongoing concern.
  • Report reasonably foreseen matters within the EP&C claims arena that may affect the reputation or financial position of the firm, immediately to EPC Claims Manager.
  • Perform case reserve reviews as required and report any claim trends identified.
  • Maintain accurate records for auditing purposes and preparing reports as necessary.
  • Advise Underwriters in respect of any requisite policy language evolution.
  • Participate in catastrophe response as required and ensure any regulatory reporting timeframes are adhered to.
  • Ad hoc duties as required.

Essential Skills & Requirements

  • Up to 5 years’ experience in a similar role preferable but not essential.
  • Sound understanding of basic claim principles. 
  • Accuracy and attention to detail with high standards.
  • Excellent written and verbal communications skills, and interpersonal skills.
  • Excellent IT skills including MS Office, Word and Excel skills.
  • Working knowledge of ECF2 & changes brought about by blueprint 2 preferable but not essential
  • Ensure knowledge is kept up-to-date with current insurance issues and legal developments 

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