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Financial Lines Claims Handler

  • Location:

    Luxembourg

  • Sector:

    Underwriting & Claims

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Tom Molyneux

  • Contact email:

    Tom.Molyneux@oliverjames.com

  • Job ref:

    JOB-052023-207999_1685624023

  • Published:

    10 maanden geleden

  • Expiry date:

    2023-07-01

  • Startdate:

    ASAP

You will be joining a team of highly trained and expert Reinsurance claims professionals in a multinational team. This company is growing rapidly and this could be the perfect time to join, with their presence in the Luxembourg market developing by the minute. This role will see you work with Comex and the Lux regulator very regularly, as well as join a motivated, strong cultured division.

Salary - Very competitive + a bonus of up to 33%

Working from home -2/3 days a week

Location - Luxembourg City Centre

Your job as a Senior Claims Handler will be:

  • Managing and performing a legal review of significant and complex Financial lines claims
  • Managing claims (assessing indemnity and quantum within defined limits of authority/ultimate estimation of major losses and ongoing review of reserves for individual losses and loss complexes) with a focus on added value, for example by negotiating coverage, liability, and allocation issues, initiating subrogation and liaising with other areas of the Reinsurance Group
  • Servicing, advising and monitoring our clients in regard to claims matters; in particular, conducting claims reviews
  • Monitoring and reporting legislative changes, case law trends and their impact on claims management at group level
  • Providing support for client management and underwriting (claims feedback and lessons learned, advising on wording issues etc.)
  • Fostering expertise and synergies through cooperation within the claims units
  • Active contribution to working groups and in-/external workshops and events on current claims topics

YOUR PROFILE:

  • Experience in handling financial lines claims and/or underwriting in insurance and/or reinsurance
  • Understanding of related insurance and reinsurance coverage interpretation, loss reserving, loss report management, litigation management and client relationship management
  • Strategic thinking and ability to get to the core of complex legal and economic matters combined with strong analytical skills, ability to work systematically and independently
  • Result-focused and solution-oriented attitude with very good negotiating and conflict management skills, ability to take decisions and good team player
  • Willingness to travel internationally - sometimes also on short notice
  • Excellent command of written and spoken business English and/or French

Do not miss out on the chance to join this top group at the perfect moment. I look forward to sharing more with you prior to a formal application.

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