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Junior Claims Underwriter, Property

icon building Company : Hamilton
icon briefcase Job Type : Full Time

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Job Description - Junior Claims Underwriter, Property

In good company.


 


Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.


 


Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with.


 


We're looking for a


Junior Claims Underwriter, Property


 


Based in London and reporting to the Head of Property and Inwards Reinsurance Claims, Hamilton Global Specialty, this role will be responsible for claims handling of the Property and Inwards Reinsurance Claims portfolio - in particular the Property Binders. Other Property classes of business may be involved such as Direct and Facultative, and other classes as required from time to time.


 


Hamilton Global Specialty is our multi-platform, specialty insurer operating primarily through a Lloyd's Syndicate and Dublin operating company with a managing general agency in the US.


 


What you will do



  • Adjust claims within the Claims Authority in accordance with Hamilton’s Claims Philosophy and Claims Protocols, and Lloyd’s Lead Claims Arrangements

  • Responsible for the handling of the Property Binder claims

  • Work closely with and support the Underwriting teams whose claims you handle including regular updates and the provision of renewal information when required

  • Work closely with brokers and clients in resolving their claims

  • Liaise with follow and co-lead markets including arranging and hosting, where necessary, or attending market meetings

  • Responsible for instructing and managing lawyers and experts where appropriate to assist in the determination of coverage or assessing quantum or handling any dispute as it may arise

  • Handling and processing of monthly claims bordereaux

  • Review loss fund adequacy and assist Hamilton’s Claims Operations department in the recovery of loss funds on prior years

  • Ensure that Hamilton’s Reserving Philosophy is applied and that all claims reserving is undertaken in a consistent, timely and accurate manner

  • Escalate large or complex claims up through the Claims Department as required and to complete Executive Claims Summaries when appropriate

  • Report appropriate claims on a timely basis to the Outwards Reinsurance department and to assist with recoveries from reinsurers, where necessary

  • Any ad hoc task that is required by management



     


    What you require for the role


     



    • 1-2 years' experience within the market handling property binders and general property claims

    • Strong MS Office skills, particularly Excel

    • Highly analytical and numerate with excellent attention to detail

    • A willingness to work in a responsive, collaborative and efficient manner

    • Ability to work on your own and as part of a team

    • Flexibility to work within multiple platforms

    • Open, innovative and inclusive mindset

    • Results-oriented and growth mindset



       


      Conduct Standards


       



      • You must act with integrity

      • You must act with due skill, care and diligence

      • You must be open and cooperative with the CBI, FCA, the PRA and other regulators

      • You must pay due regard to the interests of customers and treat them fairly

      • You must observe proper standards of market conduct

      • You must act to deliver good outcomes for retail customers



      What you can expect from us


       


      We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.


       


      We know if we welcome and respect differences, we’ll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.

      Original job Junior Claims Underwriter, Property posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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