Senior Claims Adjuster, Reinsurance at Canopius | City of London, GB | Rezi

Senior Claims Adjuster, Reinsurance at Canopius

Senior Claims Adjuster, Reinsurance

Canopius · City of London, GB

1 months ago

Senior Claims Adjuster, Reinsurance

Canopius · City of London, GB

a month ago
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About the Role

The Senior Claims Adjuster – Reinsurance is responsible for the adjustment and management of a portfolio of complex reinsurance claims, including Treaty Casualty, Marine, Property and Aviation. The role focuses on end-to-end claims handling, technical excellence, and stakeholder engagement, ensuring claims are assessed, reserved and settled accurately, fairly and in a timely manner. The postholder will act as a technical referral point for complex claims, supporting the broader team and contributing to high-quality claims outcomes aligned with the Canopius claims strategy.

Responsibilities

  • Manage a portfolio of reinsurance claims, including complex and high-value losses across treaty classes
  • Ensure timely and accurate coverage analysis, liability determination, reserving and settlement of claims
  • Maintain strong control of large losses and catastrophe exposures
  • Apply reinsurance contract knowledge (including treaty wordings) to drive appropriate claims outcomes
  • Ensure all claims are handled in accordance with internal authority levels and Claims Manual requirements
  • Maintain accurate and up-to-date claims records and documentation
  • Establish and maintain accurate claim reserves, ensuring alignment with expected loss development
  • Contribute to claims MI, including analysis of trends, large losses and portfolio performance
  • Support reserving processes through input into monthly and quarterly reviews
  • Identify and escalate potential adverse developments or emerging issues
  • Build and maintain strong relationships with cedants, brokers, underwriters, actuaries and internal stakeholders
  • Act as a key point of contact for claims discussions and negotiations
  • Support effective collaboration across global claims teams, including Bermuda and Singapore where required
  • Represent Canopius professionally in external interactions and market engagements
  • Work closely with underwriting and actuarial colleagues to support portfolio performance and profitability monitoring
  • Contribute to claims reporting, including large loss updates and material developments
  • Share insights and market intelligence to inform underwriting and claims strategies
  • Support delivery of claims function initiatives, including process improvements and change activities
  • Ensure adherence to claims governance frameworks, regulatory requirements and internal procedures
  • Escalate complex or high-value claims in line with referral processes
  • Maintain strong awareness of legal, regulatory and market developments impacting reinsurance claims

Requirements

  • Strong technical expertise in reinsurance claims handling
  • Proven experience managing complex and/or high-value claims in the London Market environment
  • Good understanding of reinsurance contract structures and coverage interpretation
  • Experience working with brokers, cedants and internal stakeholders
  • Strong analytical and reserving capability
  • Excellent communication and negotiation skills
  • Ability to prioritise workload and manage multiple claims effectively
  • Knowledge of Lloyd’s market

Location

  • City of London

Work Type

  • Hybrid working

Experience Level

  • Senior

Salary/Compensations

  • Competitive base salary

Benefits

  • Non-contributory pension
  • Discretionary bonus
  • Insurances including health (family) and 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 and is 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.
  • Please let us know if you require any information in an alternate format or any other reasonable adjustments.