Claims Adjuster - Cyber
- Employer
- HFG
- Location
- London
- Salary
- £60000 to £70000 per annum
- Closing date
- 19 Jul 2019
- Reference
- CC
View more
- Sector
- General insurance
- Contract Type
- Permanent
- Hours
- Full Time
- Experience/Function
- Qualified
Job Details
Leading Lloyd's Syndicate, London.
£60,000 - £70,000.
HFG have partnered with a leading Lloyd's Syndicate to assist with their search for a Cyber Claims Adjuster.
Principle Accountabilities
- To use concepts, theories and ideas at a strategic level.
- Provide in-depth and expert advice to customers and brokers/intermediaries.
- Apply reason to policy terms in order to negotiate, justify variation to company policy terms and settle non standard claims.
- Successfully facilitate the resolution of investigations into indemnity issues and implements changes to process in line with strategy.
- Contribute to philosophy of supplier management and to panel selection.
- Contribute methods to prevent and recognise fraud and the ability to create new solutions to alleviate.
- Apply case law, statutory breaches and the concept of reasonableness to the claim circumstances. Determine if claim is to be disputed and know referral process in these circumstances.
- Contribute to setting company reserving level and policy. Understand bulk reserving policy.
- Manage claims in accordance with company policy, settlement procedures.
- Actively seek feedback from customers and brokers/intermediaries in an effort to improve customer service. Is able to proactively identify trends and issues which affect customers. Maintain and develop customer service agreements in order to support strategic plans.
- Audit reports and identify trends to create economical, effective reports which actively contribute towards strategic direction.
- To negotiate settlements outside of normal company policy.
- Actively interpret latest changes in regulation and develops business requirements.
- Actively revise and edit reports to create focused, concise documents.
- To utilise financial reporting information and insurance performance measures in the management of claims.
- Develop and enhance relationships both internally and externally.
Education, Qualifications, Knowledge, Skills and Experience
- ACII qualified, or a willingness to undertake continued personal and professional development.
- In depth knowledge of regulation requirements and legal issue.
- Knowledge of the basic principles of risk management.
- Knowledge of the legal principles giving rise to subrogation and is able to develop methods to ensure successful recovery.
- Able to identify financial trends and manage claims in line with expected loss ratios and management criteria.
- Advanced literacy and numeric skills.
- Advanced communication and interpersonal skills.
- Advanced negotiation, persuasion and influencing skills.
- Multi tasking skills to meet timescales and deadlines.
- In depth experience of managing and settling a range of claims.
- Solid claims adjusting experience gained within the Insurance industry.
- Experience of establishing and maintaining effective working relationships.
If you feel you meet the above criteria, please apply now.
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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