About the Role
This role is responsible for claims handling of the Property and Inwards Reinsurance Claims portfolio, focusing on Property Binders and D&F books, while also supporting other business classes as needed.
Responsibilities
- Adjust claims within the Claims Authority, adhering to Hamilton’s Claims Philosophy, Claims Protocols, and Lloyd’s Claims Principles.
- Handle Property Binder claims and mentor junior Property Claims Underwriters.
- Collaborate with Underwriting teams, providing regular updates and renewal information.
- Resolve claims issues with brokers and clients.
- Liaise with following and co-lead markets, including arranging and attending market meetings.
- Instruct and manage lawyers and experts for coverage determination, quantum assessment, or dispute handling.
- Act as the relationship manager and claims contact for DCAs within the Property Binders book.
- Oversee outsourced review and processing of monthly financial bordereaux, triaging issues to relevant stakeholders.
- Implement and adhere to the internal CAT plan.
- Review loss fund adequacy and assist in the recovery of loss funds on prior years.
- Apply Hamilton’s Reserving Philosophy for consistent, timely, and accurate claim reserving.
- Escalate large or complex claims and complete Executive Claims Summaries.
- Report claims to the Outwards Reinsurance Department and assist with recoveries from reinsurers.
- Assist with the company's delegation of claims authority to Cover holders and Delegated Claims Administrators (DCAs), including maintaining control frameworks, updating SLAs, and ensuring MI submission and peer review.
Requirements
- Experience in handling property binders and general property claims.
- Experience with inwards reinsurance claims is ideal.
- Strong IT skills, particularly in Excel.
- Highly analytical and numerate with attention to detail.
- Willingness to work in a responsive, collaborative, and efficient manner.
Skills
- Claims Handling
- Property Binders
- Inwards Reinsurance Claims
- Excel
- Analytical Skills
- Numerate
- Attention to Detail
- Collaboration
- Communication
Location
- London
Work Type
- 12 month FTC
About the Company
- Hamilton offers a vibrant, entrepreneurial, and collaborative workplace shaped by its values: Be Smart, Be Sensible, Be Open and Be More.
- The company fosters an inclusive, supportive, and empowering culture that embraces individuality and values diverse perspectives.
- Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks globally through its subsidiaries: Hamilton Global Specialty, Hamilton Select, and Hamilton Re.
- Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US, and Dublin.
- The company emphasizes collaboration, a passion for service and results, and meaningful work.
