Claims Adjuster - Nexus Underwriting : Job Details

Claims Adjuster

Nexus Underwriting

Job Location : Leadenhall, UK

Posted on : 19/02/2025 - Valid Till : 02/04/2025

Job Description :

At Nexus Claims Management Services are looking for a Claims Adjuster for a 5/6 month Fixed Term Contract. Working with the Head of Claims and individual Business Unit claims and underwriting personnel to provide a best in class claims service to our underwriting partners, policyholders and brokers.

Responsibilities:

  • To receive, manage and process Trade Credit claims in a timely and efficient manner from first notice to closure;
  • To accurately assess liability and quantum of claims and to technically analyse policy coverage and wordings;
  • To follow at all times applicable reserving philosophy and claims standards, including adherence to contractual delegated authorities & service level agreements;
  • To deliver a professional service representative of the Nexus brand and culture to internal and external clients;
  • To initiate, conduct and review audits of Third Party Administrators (TPAs) in the UK and internationally;
  • To provide guidance, support and referral for junior and lesser experienced claims staff
  • To establish, analyse and report on claims KPI’s to the Chief Legal and Risk Officer and Managing Directors of Business Units as required providing commentary and input into the overall Claims strategy;
  • To support in the IT system / bordereau process to ensure and maintain data quality and accuracy;
  • To follow up on recovery opportunities and to process dividend payments

Experience:

  • Previous Trade Credit Claims experience would be beneficial
  • Minimum 2+ years’ experience, ideally within Insurance
  • End to end knowledge of the Insurance process and claims management

Salary : -

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