Claims Adjuster, Liability

**Location**

London, United Kingdom
**Job type**

Full-Time
**Work mode**

Hybrid
**Job level**

Professional
**Job ID**

10463
**Company**

Munich Re
**Employment type**

Regular
**Area of expertise**

Claims & Underwriting

**Introduction**

Munich Re Speciality North America(MRSNA) is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd’s Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world.

We are specialists in offering expertise in underwriting, broking and capacity management for US Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd’s, London Market companies, and Munich Re owned capacity in Germany and the US.

** Why join us?**

We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products, risk appetite and career development opportunities of one of the largest and most successful insurance groups in the world. As our business continues to grow, we are committed to expanding our team and provide development opportunities to ensure we are always supporting our people in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work-life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.

** The Role**

Claims Adjuster, Liability

** Overview**

The Claims Adjuster, Liability is directly responsible for all aspects of file handling on both in-house and third-party administered Liability claims, with growth opportunity in depth of technical handling and multi-faceted professional development. The Claims Adjuster will also direct the adjusting and litigation process, strategically partner with counsel, experts and vendors, and drive optimal claim resolutions. The Claims Adjuster will analyse and determine coverage, manage the claim investigation, evaluate the overall claim, communicate promptly with internal and external stakeholders, and pursue recoveries and risk transfer where warranted in a variety of property claims.

** Responsibilities**
- Thorough investigation and assessment of claims for coverage, and damages, and pursuit of recoveries and subrogation/contribution opportunities.
- Understanding of coverage issues, policy forms, contracts, regulatory requirements, and changing legal landscape for Liability/casualty claims.
- Proactive and prompt management of claims, considering all aspects with a strategic vision for optimal claim outcome.
- Continual evaluation claim to set appropriate, timely reserves over the life of the claim to reflect changes in exposure.
- Demonstrate strong technical claims proficiency through consistent execution of best claim practices.
- Strategically coordinate and manage outside counsel and vendors to obtain optimal claim outcome.
- Present high exposure claims to Claims Leadership and Key Stakeholders.
- Collaborate with internal and external business partners for client meetings, product development and improvement, and account audits.
- Innovative mindset - looks for ways to improve claim efficiencies and outcomes.
- Proactively managing claims with a strategic, total cost of claim mindset.
- Technical analytical and critical thinking ability to properly determine coverage and liability.
- To embrace and actively implement the core principles of Continuous Conversations (Commitments, Feedback and Development) as part of daily activities and with other colleagues.
- Take ownership of and make personal and professional development a priority as part of Continuous Conversations.
- In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support).
- To abide by the policies and procedures of Bell & Clements Ltd.

** Key Skills and Experience**
- Proven experience in data governance, data management, or a related field within the insurance industry.
- Strong understanding of delegated authority business and the role of TPAs/Coverholders in the insurance value chain.
- Experience in managing data quality and implementing data governance frameworks.
- Knowledge of regulatory requirements related to data governance in the insu