Insurance Claims Specialist

1 day ago


London, Greater London, United Kingdom Nashrock Insurance Recruitment Full time
About Nashrock Insurance Recruitment

We are a leading underwriting and claims management company specializing in professional indemnity insurance. Our dynamic team is seeking an experienced and proactive Claims Handler to manage a diverse portfolio of professional indemnity claims.

Main Responsibilities:

  • Prepare detailed claim reports for complex cases.
  • Establish and update reserve estimates as cases progress.
  • Refer policy points to insurers and collaborate with underwriters when needed.
  • Handle correspondence with insureds, brokers, insurers, and claimants.
  • Assist insured parties with drafting defences and letters when required.
  • Consult with the Claims Director and team members on challenging or high-value claims.
  • Ensure compliance with service standards and delegated authority limits.
  • Negotiate claim settlements within defined authority parameters.

Ancillary Functions:

  • Achieve target billable hours.
  • Adhere to training plans and maintain continuous professional development.
  • Perform ad hoc duties as requested by Directors.
  • Ensure compliance with regulatory requirements and Treating Customers Fairly (TCF) standards.

Salary: £40,000 - £60,000 per annum depending on experience

Location: UK



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