Insurance Claims Adjuster
1 week ago
Nashrock Insurance Recruitment is seeking a skilled Claims Handler - Level 2 to join our team, working closely with our underwriting and claims management specialists in professional indemnity insurance. As a key member of our team, you will manage a diverse portfolio of professional indemnity claims, contributing to a high-performing team and driving business success.
Key Responsibilities:
- Develop and maintain a thorough understanding of professional indemnity insurance policies, including coverage terms and conditions.
- Analyze and assess complex claims, identifying potential areas of risk and developing effective strategies for resolution.
- Communicate effectively with insureds, brokers, insurers, and claimants, providing timely and accurate updates on claim status.
- Collaborate with underwriters to identify potential claims risks and develop mitigation strategies.
- Manage reserves and negotiates claim settlements within defined authority parameters, ensuring fair outcomes for all parties.
Requirements:
- Degree-level education with 1-3 years' experience managing professional indemnity claims, preferably in the UK market.
- ACII or equivalent CII qualification, demonstrating commitment to professional development.
- Prior experience handling UK professional indemnity claims, with a focus on construction or legal risks being advantageous, but not essential.
- Familiarity with ECF or similar insurance systems (preferred) or willingness to learn.
- Excellent analytical and problem-solving skills, with the ability to think critically and make sound decisions.
- Strong communication and interpersonal skills, with the ability to build rapport with stakeholders.
- Proficiency in MS Office applications, with a keen eye for detail.
- Enthusiastic and adaptable approach to work, with a commitment to learning and development, embracing continuous improvement.
Salary Range:
$55,000 - $75,000 per annum, reflecting the company's investment in talent and growth opportunities, based on location and experience.
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