Binder Claims Executive - US Casualty & Financial lines
Why This Role Stands Out
This hybrid role offers a fantastic opportunity to develop your expertise in US Casualty and Financial Lines claims within a reputable Lloyd's broker experiencing significant growth. You'll thrive here if you're a skilled claims professional seeking to advocate for clients and drive positive outcomes in a supportive team environment, with a competitive salary of GBP 65,000.
Quick Overview
Job Description
ROLE: Claims Executive - US Casualty & Specialty Lines
LOCATION: LONDON - City
SALARY: £65,000
PURPOSE OF THE ROLE
My client is a well-established independent Lloyd's broker with a singular focus on improving the way businesses manage risk. On a mission to reinvigorate broking, they have ambitious growth plans and are looking to add a Claims Associate to their London team.
The successful candidate will provide technical claims support across multinational and multi-layered programmes, with a focus on US casualty binders, financial lines and property. You will be responsible for ensuring claims are valid, processed and paid within agreed timescales, acting as a key claims advocate for clients throughout the lifecycle of each matter.
RESPONSIBILITIES
Oversee and coordinate a portfolio of US casualty binder claims, including Professional Liability, General Liability, E&O, EPL, Crisis Management and other specialty liability classes, ensuring effective communication between clients, TPAs, coverholders and insurers
Review and assess claims information, coverage positions and carrier responses, providing clients with clear, commercially focused advice
Monitor claim progress from notification to resolution, ensuring all parties meet contractual, regulatory and service-level requirements
Act as a key claims advocate for clients, negotiating with insurers, TPAs, adjusters and legal representatives to support favourable and timely outcomes
Demonstrate strong working knowledge of CLASS and ECF systems, ensuring efficient submission, tracking and agreement of claims within the Lloyd's and company markets
Provide claims support across financial lines (D&O, E&O, Financial Institutions, Professional Indemnity) and property, including CAT and technical industrial risks, for both direct and reinsurance placements
Use broking systems to produce documents and accounting entries, ensuring their accuracy
Liaise with colleagues across London and overseas offices to deliver a consistent and collaborative claims service
Participate in client reviews, renewal preparation and underwriter and broker meetings
DAY TO DAY
Managing an active portfolio of US casualty binder claims from first notification through to settlement
Reviewing coverage positions and drafting commercially focused advice for clients
Submitting and tracking claims via CLASS and ECF, maintaining data accuracy across internal systems
Negotiating with insurers, TPAs, adjusters and legal representatives on behalf of clients
Liaising with London and overseas colleagues to ensure a consistent claims experience across the network
Attending client reviews, renewal meetings and market meetings as required
Ensuring claims records and data are maintained in line with Lloyd's and company market requirements
EXPERIENCE
Previous experience working with US casualty binders and third-party claims is essential
Good working knowledge of the (re)insurance market and London systems - CLASS, ECF and IMR
Knowledge of property and financial lines advantageous but not essential
Experience within the London Market, ideally within a Lloyd's broker or MGA environment
Knowledge of Eclipse and/or ImageRight advantageous
Ability to manage multiple priorities, re-prioritise workloads and meet deadlines in a fast-paced environment
SKILLS
Excellent communication skills with the ability to manage expectations and messaging across all stakeholders
Well organised with the ability to prioritise and re-prioritise workloads as demands evolve
Advanced Microsoft Excel and Word skills
A collaborative team player who is comfortable working across London and international offices
CII qualified or working towards qualification is advantageous
Commercially minded with a proactive, client-first approach
If you have the relevant experience or know someone that does, please contact me now on or email
Skills
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