Professional Indemnity Claims Handler
22 hours ago
Nashrock Insurance Recruitment is currently seeking a skilled and experienced Professional Indemnity Claims Handler to join our underwriting and claims management team. The successful candidate will have a strong background in managing professional indemnity claims and be able to contribute to a high-performing team in a dynamic environment.
Key Responsibilities:
- Manage a diverse portfolio of professional indemnity claims.
- Prepare detailed claim reports and establish reserve estimates.
- Collaborate with underwriters and insurers to resolve claims efficiently.
- Handle correspondence with insureds, brokers, and claimants.
- Assist with drafting defences and letters as required.
- Consult with senior team members on challenging or high-value claims.
- Comply with service standards and delegated authority limits.
- Negotiate claim settlements within defined authority parameters.
Ancillary Functions:
- Maintain accurate records and billing.
- Develop skills through training and continuous professional development.
- Participate in team projects and initiatives.
- Comply with regulatory requirements and Treating Customers Fairly (TCF) standards.
Requirements:
- Degree-level education with 1-3 years' experience in claims management.
- Progress toward ACII or equivalent CII qualification.
- Prior experience handling UK professional indemnity claims.
- Familiarity with ECF or similar insurance systems.
- Excellent communication and organizational skills.
- Proficiency in MS Office applications.
- Adaptable approach to work with a commitment to learning and development.
Salary Range: £40,000 - £55,000 per annum
About Nashrock Insurance Recruitment:
We specialize in providing top talent to the insurance industry. Our team has extensive knowledge and experience in placing professionals into various roles within the sector.
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