Job Description
Job Description
Responsible for
Managing the syndicate’s lead and follow US and International Marine Hull, Cargo and Liability claims.
Main Duties
- Responsible for handling Marine claims for the syndicate
- Provision of cover and technical guidance to other team members
- Negotiation and liaison with clients, brokers, loss adjusters and lawyers, including overseas travel where necessary
- Attendance at market meetings
- Work on accurate and timely case reserving as an important feed into the reserving process.
- Provide underwriters with feedback on claims issues, wordings and related risk information to improve the overall quality of underwriting
- Attend internal class reserve meetings with underwriting and actuarial to advise on current estimates of significant claims impacting the class
- Liaising with external claims administrators, potentially including the carrying out of claims and procedural audits
- Review and consider with underwriters the interpretation of policy wordings.
Additional Duties
- Participating and undertaking applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required.
- Where applicable ensure company, market and client related documentation is issued (internally and externally) accurately and on time
- Complying with external and internal regulatory and statutory policies, procedures and regulations
- Operating as an effective team member by supporting colleagues and contributing in the delivery and achievement of overall team and business objectives
- Liaising with relevant areas and groups within the business as appropriate for your role
Experience & Qualifications
- Five to eight years managing marine claims is essential, ideally in a Lloyd’s syndicate.
- Experience with binder and bordereaux management advantageous.
- Part or fully qualified ACII
- Degree level education