About the Role
Canopius is seeking an experienced Claims Adjuster to manage a portfolio of Financial Lines claims, including Management Liability and Professional Indemnity risks. The role involves managing claims from first notification to resolution, ensuring high-quality technical handling, strong stakeholder engagement, and exceptional customer outcomes in line with Canopius standards. The role-holder will contribute to the Canopius Claims vision of customer excellence through an empowered, collaborative, and innovative approach.
Responsibilities
- Proactively adjust Financial Lines claims within authority from notification through to settlement.
- Develop and apply a strong understanding of policy coverage, wordings and exclusions.
- Analyze coverage, liability and quantum including complex issues and multi-jurisdictional exposures.
- Ensure accurate and timely reserving in line with the Canopius reserving philosophy.
- Maintain accurate claims files and documentation in line with internal and regulatory standards.
- Build and maintain relationships with brokers, clients and internal stakeholders, including underwriters and actuaries, to deliver consistent, effective claims management.
- Instruct and manage panel lawyers, loss adjusters and external experts to achieve optimal claim outcomes and reduce claims leakage.
- Provide oversight of delegated claims and third-party administrators, monitoring performance and ensuring claims are managed in accordance with Canopius’ claims values.
- Escalate complex or high value matters appropriately to senior stakeholders.
- Contribute to claims trends analysis and continuous improvement initiatives.
- Ensure compliance with internal policies, claims manual and regulatory requirements.
- Perform other ad hoc duties as required.
Requirements
- Experience handling Financial Lines claims within the London market.
- Strong understanding of policy coverage, wordings and liability assessment.
- Knowledge of legal and regulatory considerations impacting claims.
- Experience managing external counsel and other experts.
- Strong analytical, problem solving and decision-making capability.
- Ability to prioritise workload and manage multiple claims effectively.
- Strong communication and stakeholder engagement skills.
- Proficiency in Microsoft Office.
Skills
- Stakeholder engagement
- Collaboration and teamwork
- Adapting to change
- Continuous Improvement
- Innovation
- Resilience
- Future Focused
Location
- City of London
Work Type
- Hybrid working
Experience Level
- Experienced
Salary/Compensations
- Competitive base salary
Benefits
- Non-contributory pension
- Discretionary bonus
- Health (family) insurance
- Dental cover
- Benefits to enhance financial, physical, social and psychological health
About the Company
- Canopius is a global specialty lines (re)insurer.
- One of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
- Fosters a distinctive, positive culture which enables employees to bring their whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
- Operates a flexible, hybrid working model.
- Committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
Equal Opportunity
- 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.
- Encourage and welcome applicants from all diverse backgrounds.
- Make reasonable adjustments throughout the recruitment process and during employment.
- Provide information in an alternate format or any other reasonable adjustments upon request.
