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Harrison Holgate
,
London, Greater London
Financial Lines Claims Handler
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Job Type: Full-time |
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Overview
Our City based client are seeking a Claims Handler to join their London Market Professional Lines claims team. The role involves the examination, analysis, negotiation and settlement of PI, FI and D&O claims from cradle to grave. This includes the review of claims data and underwriting documentation to ascertain validity of losses notified and establish premium payment status. The Claims Handler is required to establish adequate reserves and make reserving judgements of potential anticipated losses in a timely and professional manner to meet levels of service expected by internal and external customers. The role requires that the handler recognises contentious issues and where appropriate inform claims management to discuss legal obligations and/or remedies and take appropriate action, therefore ensuring that only valid claims are paid. The position will be actively involved in the negotiation of settlements, attending market meetings, and authorisation of claims, therefore applicants must have a good knowledge of London market and Lloyd's processes. Previous experience of handling either Professional Indemnity, Directors & Officers and/or Financial Insitutions claims is essential. As well and adhering to all internally set Key Performance Indicators, the handler must comply with all regulatory requirements and with the Lloyd's minimum standards.