- Managing claims arising from a growing financial lines book of business.
- Proactively investigate and handle challenging claims from first notice of loss through ultimate resolution while advising internal stakeholders and meeting with clients and brokers as required.
- Negotiate settlement of third-party claims with solicitors and make timely payments upon agreement.
- Instruct and manage external loss adjusters, experts and solicitors
- Serve as a technical resource by mentoring other claims professionals and sharing technical knowledge related to financial lines claims
- Representing Berkshire Hathaway Specialty Insurance (BHSI) at internal and external meetings including review and new business meetings with brokers and key customers.
- Keeping abreast of legal and regulatory developments and sharing knowledge internally and externally.
- Prepare reports, accurately set reserves within handling authority, or make claim recommendations concerning reserve changes above authority.
- Work alongside underwriters and other business partners to add value to our service proposition.Qualifications, Skills and Experience:
- Should have capability of handling a variety of financial lines claims, including in particular professional indemnity and UK management liability matters.
- A minimum 3 to 5 years of financial lines claims handling experience in UK and additional jurisdictions or matching equivalency.
- Excellent interpersonal, communication, presentation and negotiation skills.
- Ability and willingness to work effectively in a team environment and handle multiple tasks simultaneously.BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders.
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasises individual excellence in a team framework. NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
Senior Executive - Manchester, United Kingdom - Berkshire Hathaway Specialty Insurance
Description
Who are we?
Read on to fully understand what this job requires in terms of skills and experience If you are a good match, make an application.
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognised. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Learn more about our unique culture and history.
Job Opportunity:
BHSI has an exciting opportunity for an Executive & Professional Lines Claims Examiner to join our dynamic and growing claims team in Manchester. The individual will be responsible for coordinating the adjustment of an exciting and varied Lead and Follow claims across the portfolio, working closely with underwriters internally and key customers and brokers externally. This is an opportunity to work within a highly collaborative team environment dedicated to best in class claims handling.
Duties & Responsibilities: