Insurance Claims Adjuster

3 weeks ago


United Kingdom Nexus Underwriting Full time

Here at Nexus Claims Management, we are looking for an experienced Claims Adjuster. They will work closely with the Claims Manager and wider Claims Team, providing a best in class claims service to our capacity providers, policyholders, underwriters and brokers. Predominantly handling Financial Institutions, Directors & Officers & Professional Indemnity (“Financial Lines”) claims.
Proactively manage Financial Lines claims from first notification to settlement, ensuring timely and efficient handling. This includes assessing policy coverage, legal liability, and quantum, along with effective diary and system/file management. Accurate claims notes, peer reviews, and participation in underwriting meetings are essential.
Report large losses and refer claims to capacity providers when they fall outside of authority limits.
Ensure Nexus Claims consistently acts as an effective Third-Party Administrator (TPA) and adheres to delegated authorities and Service Level Agreements (SLAs).
Collaborate with underwriters and other claims professionals, offering insights into claims experiences, contract wordings, and claims data. Provide feedback during renewals to ensure a quality and cost-effective service within required timeframes.
Identify and escalate claims-related issues when necessary.

Commitment to continuous professional development.

Previous experience in handling Financial Lines claims.
Solid understanding of the insurance claims market and processes.
Proficient in IT, with working knowledge of MS Word, Excel, and Outlook.



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