Senior Claims Adjuster - London, United Kingdom - Canopius

Canopius

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Main Purpose:

To proactively adjust Engineering claims in a professional, timely and fair manner and to ensure that you deliver excellent customer service to both our internal and external customers.

Responsbilities will include:

Correctly assessing claims in accordance with the policy terms and conditions; and where any potential coverage issue is identified, obtain full details prior to reaching a firm decision on policy coverage.
Ensuring that adequate financial provisions, in accordance with the Canopius Reserving Philosophy, are held for every claim that you are responsible for.
Ensuring that the rationale for the reserve is recorded in the claims management system and that the reserve is communicated both internally and externally (to the follow market), as appropriate
Seeking authority, in accordance with the Claims Manual, where a claim exceeds or falls outside of your claims authority limit.
Ensuring that every claim is regularly reviewed and proactively managed to resolution, through effective diary management.
Capturing the potential financial exposure to Canopius of all claims that you own, by recording the MPL, Triage Code and MPL % Likelihood.
Ensuring that all of the claims that you own that are recorded on the Actuarial Watchlist are regularly monitored and the Watchlist is updated on a quarterly basis.
Reviewing the actual versus expected ahead of monthly tracking meetings and quarterly reserving meetings and discussing claims trends which may impact profitability with your claims manager.
Providing high quality narratives for the weekly movement and monthly divisional claims reports.
Managing your claims in accordance with the Claims team KPIs and proactively flagging where you are unable to meet KPI targets.

About Canopius
Canopius is a global specialty lines (re)insurer.

We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing.

Canopius' market-leading proposition offers financial, physical, social and psychological health and wellbeing benefits to ensure we create a working experience which gives everyone the freedom to do their best work.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment.

All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.

We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.