Claims Adjuster - Financial Lines at Canopius | City of London | Rezi

Claims Adjuster - Financial Lines at Canopius

Claims Adjuster - Financial Lines

Canopius · City of London

2 months ago

Claims Adjuster - Financial Lines

Canopius · City of London

2 months ago
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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.