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Assumed Senior Claims Adjuster - US Legacy

Employer
HFG
Location
City of London, London, England
Salary
Negotiable
Closing date
12 Feb 2025
Reference
ASCAC01
View more categoriesView less categories
Sector
Reinsurance
Contract Type
Permanent
Hours
Full Time

Job Details

New Vacancy - Assumed Senior Claims Adjuster
City of London | Hybrid
Insurer

I am currently recruiting for a leading insurer who are looking for an Assumed Senior Claims Adjuster to join their US Legacy team.

My client is looking for someone with 10+ years of experience in Reinsurance Claims within the London Market.

⭐ Bonus points if you bring any knowledge of US Legacy Liability!

Key Responsibilities:

  • Manage a personal caseload of complex and high-value claims, including analysing critical data and reports, recommending appropriate reserves, negotiating settlements with Cedants, and confidently making and supporting decisions.
  • Collaborate with Cedants, Brokers, Co-Re-insurers, and Attorneys to handle and analyse reinsurance claim exposures effectively.
  • Take a proactive approach to claims management, exploring alternatives to resolve their exposure when necessary.
  • Leverage strong knowledge of litigation and alternative dispute resolution processes, participating in all stages, including discovery, depositions, and hearings.
  • Prepare clear and concise written and verbal reports for senior management.
  • Ensure compliance with policy obligations, Treat Customers Fairly, and adhere to applicable Conduct requirements.
  • Contribute to claims objectives and drive profitable growth by identifying risk insights, trends, and emerging risks.
  • Handle cases in-house where possible, appointing and liaising with legal representation only when necessary.
  • Plan, conduct, and report on audits of Cedants and other parties, including due diligence reviews.
  • Provide technical guidance to junior team members, supporting their development in claims handling and strategy formulation.
  • Coordinate with actuarial, finance, and operations teams as needed.
  • Stay updated on legal, regulatory, and medical developments impacting claims.
  • Report significant developments, issues, and trends to the Head of Claims.
  • Support the wider Claims team with additional responsibilities as required.

Company

HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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