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| Job Location | London |
| Education | Not Mentioned |
| Salary | Salary negotiable |
| Industry | Not Mentioned |
| Functional Area | Not Mentioned |
| Job Type | Permanent , full-time |
Our client, a Lloyds Managing Agency, have a new opening for a Property/Specialty Treaty Claims Adjuster. Applicants should have prior Property or Specialty Treaty claims experience.Duties and ResponsibilitiesResponsible for determining coverage, setting reserves and settlement of claims in the role of Claims Agreement Party for various classes of business, predominantly Property Treaty, written.Liaising with co-insuring Syndicates, companies and claims bureau on large or contentious claims (including issuing market circulars)Assigning, managing, controlling and liaising with relevant service providers during the life of a claim (including lawyers, loss adjusters, third party administrators)Maintaining files for all lead and Claims Agreement Party claims ensuring that electronic claims records accurately reflect the current positionExercise knowledge of the laws of tort and contract and keep abreast of relevant statutory and case developmentEnsure that company systems and procedures are up to date, are compliant with Lloyds and FCA regulations, and are being adhered to within the departmentBuilding and maintaining relationships with brokers, adjusters, agents, coverholders, TPAs and other service providers, dealing with them in an efficient, polite and professional mannerProvide oversight and review of delegated outsourcing arrangementsLiaising with Reinsurance and Underwriting departments on key issuesWork with Class Underwriters to monitor particular classes of business and identify claim activity within itPreparation and analysis of monthly/quarterly reportsConsult with Class Underwriters in situations where clarification of underwriting intent is required, where requests for ex-gratia/commercial settlements have been presented, and where coverage is disputedUndertake business travel when necessary.
Keyskills :
claims OR treaty