Senior Claims Adjuster - Transactional Liability & Financial Lines

Job Summary

The Senior Claims Adjuster is responsible for managing a portfolio of transactional liability and financial lines claims written within the Specialist Lines book, from first notification through to settlement. This includes instructing surveyors, adjusters, and lawyers as needed, and ensuring that all records accurately reflect the current status of each claim. The role supports the Head of Third Party Claims and the wider claims team in delivering Chaucer’s claims proposition to key internal and external stakeholders, such as policyholders, brokers, and underwriters.

The adjuster will also liaise with co‑insurers, manage service providers, maintain accurate electronic claims files, and communicate effectively with management and other departments to address claims trends and issues.

Responsible for handling transactional liability claims including warranty & indemnity, contingent liability and title from various Chaucer offices and on both Lloyd’s and company platforms from first advice through to closure including determining coverage, setting reserves and settlement. Liaising with co‑insurers on large or contentious claims (including issuing market circulars). Assigning, managing, controlling, and liaising with relevant service providers during the life of a claim including lawyers, loss adjusters, delegated claims administrators (DCAs).

Maintaining files for all lead and Claims Agreement Party claims ensuring that Chaucer’s electronic claims records accurately reflect the current position. Attending and arranging market, broker and client meetings in person or virtually as appropriate. Advising the claims manager and class underwriters of material claims and keep them appraised of developments thereafter. Effectively communicating with management and key internal departments such as underwriting and actuarial to ensure they are kept aware of any key claims trends/issues so that appropriate steps can be taken to address any concerns.

Liaising with the Reinsurance department to assist them with notifications and subsequent updates to reinsurers. Consult with class underwriters in situations where clarification of underwriting intent is required, referring to line manager for escalation where requests for ex‑gratia / commercial settlements have been presented, and where coverage is disputed. Building and maintaining relationships with brokers, adjusters, agents, cover holders, DCAs and other service providers, dealing with them in an efficient, polite and professional manner.

Exercise knowledge of the laws of tort and contract and keep abreast of relevant statutory and case developments. Keep abreast of technical developments within the International Casualty business area by attending appropriate presentations and undertaking own research as necessary.

• On how to make and/or progress a claim
• By supplying appropriate info... ON ANY CLAIM BEING HANDLED
• By endeavouring to achieve prompt agreement on settlement terms and paying valid claims in timely manner once settlement terms have been agreed
• Ensure that customer complaints are promptly identified, recorded and referred as appropriate
• Ensure that the principles of Treating Customers Fairly are upheld by agents and service providers
• Maintain compliance with any regulatory training requirement (e.g. California Claims Handling Regulations)
• Compliance with regulatory bodies such as Lloyd’s and the FC

Extensive experience handling financial lines claims for a London market insurer or a London insurance market law firm.

Experience handling W&I and Contingent Liability claims for a London market insurer or a London insurance market law firm.

Experience with handling Title claims.

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