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Senior Claims Specialist
1 month ago
New Vacancy - Senior Claims Specialist (Casualty)
Lloyd's Syndicate, City of London
High Finance (UK) Limited T/A HFG is currently recruiting for a leading Lloyd's Syndicate who are seeking a Senior Claims Specialist to join their team.
The ideal candidate will have experience across most, if not all, of the following classes: E&O and D&O, Medical Malpractice, FI, General Liability including EL/PL, Reinsurance, Warranty and Indemnity, US and RoW Casualty and US Marine and Energy Liability from a Lloyd's and Company background.
Key Responsibilities:
- Negotiate settlements, attend market meetings, and authorise claims.
- Oversee the Casualty claims portfolio from initial notification to closure, tailoring involvement based on the claim's nature, type, category, maturity, and value.
- Act as the technical point of reference for the entire claims team.
- Develop, document, communicate, and implement claims strategies, factoring in uncertainties, key decisions, potential outcomes, and estimated costs.
- Review individual claims within the portfolio, ensuring reserves and records are maintained and updated as needed.
- Identify issues and trends within the portfolio and take appropriate corrective actions.
- Provide valuable insights to underwriters during the review of potential or existing insured's claims experience.
- Analyse and report on claims trends and developments, assessing their potential impact on the overall portfolio.
- Attend external industry events to network and enhance the company's brand presence.
- Collaborate closely with Underwriters, Finance, and Claims teams both in London and internationally.
