Senior Marine Claims Adjuster
2 weeks ago
Great Lakes Insurance SE
Together, we engage with everything we have and are, to help humankind act braver and better.
About Great Lakes Insurance
As specialty provider of primary insurance services in the UK, Great Lakes Insurance SE, UK Branch is a substantial part of our parent, Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE currently operates from its Head Quarter in Munich, and via branch offices in UK, Switzerland, Italy and Australia.
Verify and settle claims for the Large Single Risks – Engineering and Construction team
Investigate and negotiate claims as required
Influence the handling and settlement of claims by insurer and insured clients
Identify and analyse legal, political and market developments. Provide feedback to underwriters from a claims perspective
Build and maintain reputation as technical experts and market leaders on casualty claims related issues
Provide technical and operational support to your Claims Manager.
Where the loss affects the Reinsurance arrangement liaise with Munich Re in line with the contractual claims related issues
Provide updates to Claims Management on a regular basis of all material developments and assist in the production of Board Reports.
Handle claims in line with set authorities, operating standards and procedures
Use the market and internal systems to process claims advices and settlements on a timely basis
On reinsurance business, support clients in the handling of high value or contentious claims
On insurance business investigate and negotiate settlement of claims, liaising with co-insurers and experts and providing direction where appropriate
Provide underwriters with feedback from a claims perspective to assist in underwriting and pricing of business
Support Wordings Specialist in analysis and revision of wordings
Provide reports and feedback for the Senior Manager on all material developments
At least 10 years experience in both direct and reinsurance business controlling medium – high value claims
Microsoft Office
Knowledge of regulatory requirements
Languages
You are seen as an expert in your field and will be the ‘go to’ person for your area of specialism within Munich Re.
You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%
We inspire people to be capable of joint performance. We celebrate diversity and are committed to creating an inclusive environment for all our employees
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