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Claims Specialist

1 month ago


London, Greater London, United Kingdom Claims Recruitment Services Full time

Claims Recruitment Services is proud to partner with a leading global insurer to bring this opportunity for a Claims Specialist to the market.

The successful candidate will proactively adjust complex Heavy Industry and Engineering claims from initial notification through to settlement, as well as acting as a subject matter expert for the portfolio, and collaborating with the Underwriting team.

Key Responsibilities

  • Develop a thorough understanding of the claims within the Engineering & Heavy Industries portfolio, focusing equally on both classes.
  • Proactively adjusting Heavy Industry and Engineering claims within their claim's authority.
  • Nurturing and maintaining collaborative working relationships with internal and external stakeholders, especially with Underwriters and Actuaries.
  • Ensuring that delegated claims are managed in accordance with claims values, with effective oversight of TPAs/service providers.
  • Instructing and proactively working with Panel Lawyers, Adjusters and experts to ensure the best outcomes whilst controlling costs and reducing claims leakage.
  • Acting as a subject matter expert for the portfolio and providing technical advice and support to more junior members of the team.

Key Requirements

  • Extensive working knowledge of handling complex claims in the Engineering and/or Heavy Industry classes in the London Market (or equivalent setting).
  • Claims technical expertise, including policy coverage and liability assessment, claims negotiation skills, and claims strategy.
  • Excellent communication skills, both verbal and written.

Keywords: Claims Specialist; Heavy Industry Claims; Engineering Claims; London Market; Lloyd's Market; Lloyd's Syndicate