Marine Claims Handler

London, United Kingdom

We are recruiting for a Marine Claims Handler on behalf ofon behalf of a leading global specialty insurer.

The successful candidate will be responsible for the day-to-day management of Marine claims,acting on both lead and follow business across Lloyd's and Company Market portfolios.

Key Responsibilities

• Adjusting, assessing and managing assigned Marine claims within delegated authority.
• Reviewing coverage positions and establishing appropriate reserving throughout the lifecycleof a claim.
• Managing Cargo, Project Cargo, Specie, Marine & Energy Liability and Ports &Terminals claims from notification through settlement.
• Supporting the handling of claims arising from theassociated War & Terrorism products and Specialty Reinsurance portfolios.
• Managing relationships with surveyors, lawyers, loss adjusters, forensic accountants andother specialist service providers.
• Reporting significant losses promptly and effectively to internal and externalstakeholders, including reinsurers where appropriate.
• Representing the Company when liaising with brokers, policyholders, service providers and marketstakeholders.
• Collaborating closely with Marine Underwriters, including attendance atunderwriting meetings, claims reviews, renewal discussions and wording reviews.
• Aiding pricing, reserving, finance, actuarial and outwards reinsurance teams asrequired.
• Assisting with vendor management, panel reviews and service-provider audits.
• Supporting claims audits and regulatory reviews.
• Identifying emerging claims trends and providing feedback to underwriting and management.

Key Requirements

• Strong academic background, and progress towards ACIIqualifications is advantageous.
• Relevant Marine insurance claims experience within the Lloyd'sand/or London Market.
• Experience handling Marine Cargo, Liability, Project Cargo,Specie or related specialty marine claims.
• Strong understanding of policy coverage analysis and reservingprinciples.
• Experience managing lawyers, surveyors, loss adjusters and otherthird-party service providers.
• Knowledge of Lloyd's claims processes, including Lead ClaimsArrangements.
• Working knowledge of ECF2 and London Market claims systems, and working knowledge of Sequel and/or DOCOsoft is an advantage.
• Experience participating in market meetings and brokerengagement.
• Ability to build and maintain effective relationships withinternal and external stakeholders.

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