Claims Analyst - Financial Lines Claims Analyst - Financial Lines …

HFG
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
Competitive
HFG
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
Competitive
Claims Analyst - Financial Lines
HFG have partned with a leading Lloyd's Syndicate to assist with their search for a Claims Analyst, focusing on Financial Lines (D&O/PI/FI).

Job Requirements:

  • Assist with management of portfolio of Lloyd's and Company Professional Lines claims, to include setting up new claims if necessary.
  • Manage and maintain monthly bordereau and Escrow accounts for claims that fall within the TPA delegated authority.
  • Manage and handle claims that fall outside any Delegated Authority.
  • Draft and issue correspondence as directed.
  • Investigate, follow up, and otherwise monitor the development of claims.
  • Review incoming claim correspondence on existing claims, formulate response and create workflows.
  • Establish and authorize adequate reserve amounts within authority levels based on exposure and recommend reserves beyond authority to appropriate management as necessary.
  • Negotiate settlements and/or cost-sharing agreements within specified authority.
  • Assist with coordination of and carrying out of TPA audits if necessary.
  • Review and maintain claims diary.
  • Liaise with brokers, solicitors, underwriters and other stakeholders.
  • Assist with Lloyd's and Company reporting requirements.
  • Handle Lloyd's and Company claims within designated SLAs and KPI's.
  • Assist underwriters with any general claims queries, client meetings and produce claims experiences where necessary.


Person Specification;
  • 3-5 years of handling Professional Lines lead and follow claims, in both the Company and the Lloyd's markets.
  • Good working knowledge of the Claims Portal.
  • Good understanding of Professional Lines policy wordings.
  • Experience of managing bordereau and escrow accounts on binder business.
  • Experience of handling multi-jurisdictional claims.
  • Experience of managing TPAs.
  • Knowledge of UK Corporate market would be beneficial.
  • Working knowledge of the Microsoft Office Suite, ECF2/IMR.
  • Familiarity with Genius, TRAX, Websure, Open box a plus.
  • The ability to work in a team environment.
  • Knowledge of London market.
  • Good oral and written communication skills as well as organizational skills.
  • A self-starter who can handle a diverse range of claims and responsibilities.

If you feel you meet the above criteria, please apply now.

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