Claims Handler with PI Expertise

1 day ago


City of London, United Kingdom Nashrock Insurance Recruitment Full time

Nashrock Insurance Recruitment invites applications for the position of Claims Handler with expertise in Professional Indemnity (PI) insurance. As a key member of our team, you will play a crucial role in handling incoming claims and supporting our Claims Managers in managing and reviewing claim files.

Job Requirements

This role requires strong analytical and problem-solving skills, with the ability to evaluate competence levels and maintain accurate records. You will work closely with brokers, third-party experts, and colleagues to maintain ongoing relationships and operate to the highest standards of regulatory compliance.

Key Responsibilities:

  • Maintaining data within the Claims Management System (CMS)
  • Organizing and running reports from the CMS
  • Managing claim files, including retrieving brokers' claim files, document management, scanning, and document retention
  • Agreeing and settling claim bordereaux
  • Settling valid covered claims upon selected accounts, subject to terms of individual authority
  • Analyzing and reviewing individual claims on programs where managed syndicate leads and follows as required, subject to terms of individual authority
  • Preparing various management reports for internal and external purposes as required

Qualifications and Experience:

  • Professional Indemnity (PI) insurance knowledge
  • UK business acumen
  • Understanding of underwriting and reinsurance principles relevant to the role
  • Familiarity with the insurance market, industry, and stakeholders
  • Knowledge of the main issues affecting the insurance market
  • Awareness of the standards and rules of regulatory bodies and internal procedures
  • Understanding of the types of business transacted by the syndicate
  • Proficiency in IT software (Word, Excel, etc.) used within the business
  • Strong relationship building skills
  • Negotiation skills development
  • Decision-making skills development
  • Financial awareness development
  • Strong numeracy skills
  • Analytical thinking
  • Excellent communication skills

We offer a competitive salary range of $62,500-$82,500 per annum, depending on experience. If you are a skilled and experienced Claims Handler looking for a new challenge, we encourage you to apply.


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