Company Details
Responsibilities
• To handle a portfolio of Reinsurance Treaty and Facultative Property and Casualty claims arising from Excess of Loss, Proportional Treaty and Facultative business written by Berkley Re UK (BRUK). • To ensure claims are managed proactively and efficiently in accordance with the prevailing business, legal and regulatory environment.
Principle Responsibilities
• To assess policy coverage and liability for all claims notifications received.• To manage and settle claims arising on policies written by BRUK ensuring accurate reserve calculations and managing cross market exposures.• To action Class/ECF and Direct claims advices, process treaty statements and deal with cash calls, expediently and within internal KPI’s, minimum standards and market expectation. • Provide high quality commentary on relevant movements, highlighting significant notifications, claims trends or developments. • To undertake Claims Audits/Reviews of Service Providers and other third parties as required. • To develop and maintain good working relationships with the Underwriting, Actuarial and Finance Teams. • To review and maintain internal databases with relevant claims data.• To ensure accuracy of data contained within claims system.• To comply with relevant company procedures and policies.• To act in accordance with BRUK Claims philosophy.• To contribute to enhancements and modifications to claims processes and systems to generate sustained improvement.• To liaise, as required, in all matters relating to Compliance reporting.
Qualifications
• Previous experience of Reinsurance claims handling in the London Market • A strong background in Casualty claims essential.• Experience of dealing with Property claims preferable.• A good working knowledge of Class/ECF2. • Ability to manage time, manage projects, meet deadlines and prioritise effectively.• Ability to communicate and explain complex issues clearly and succinctly.• Ability to work as part of a team as well as well as work on own initiative.
