Reinsurance Claims Advocate - London, United Kingdom - Harrison Holgate

Harrison Holgate

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

A leading Lloyd's broker seek a Reinsurance Claims Advocate to join their growing team. This will involve handling a range of reinsurance claims, across all classes of business.
Applicants should have previous experience of handling Reinsurance claims.
The ability to calculate process Reinstatement Premiums and a good working knowledge of ECF/CLASS/LORS would be advantageous.

Responsibilities:

Management and control of complex Reinsurance claims - all areas and classes
On receipt of claim notification, identify risk, review details in conjunction with coverage/wording afforded, acknowledge to client/intermediary, prepare claims file accurately and promptly and maintain in-house and external computerised claims records
Producing claims information and presenting to reinsurers, either in written or networked format; and dealing with any resultant instructions, queries and enquiries
Monitoring reinsurers' agreement and payment of funds and ensuring that payment is made to the appropriate beneficiary
Identifying any potential errors and omissions if situations arise
Reporting any claims difficulties immediately to management
Building meaningful relationships with Clients, experts and insurers by dealing with them in a prompt, friendly and professional manner at all times
Ensuring effective liaison with closing colleagues, including, where required, the maintenance and provision of claims statistics for renewal or similar purposes
Maintaining claims electronic filing
Keeping up to date with market and system changes.