Senior Engineering Loss Adjuster

Company:  Lawes Insurance Recruitment
Location: London
Closing Date: 28/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Job Title - Senior Engineering Loss Adjuster

Contract - Permanent

Salary - £100k Basic + Car/Allowance + Benefits

Location - London / UK & International Travelling required also

Position Summary

  • To manage a mixture of high and low value Engineering claims
  • Investigations may be UK based or overseas
  • To maintain and enhance client relationships
  • To mentor and develop junior staff
  • Work both externally and internally assessing Engineering claims, and adjusting where appropriate
  • Calculating and agreeing settlement of claims, and preparing final reports
  • Maintain and develop a culture of high level technical expertise and standards
  • Generate new business for the UK business

Functional Knowledge

  • Strong technical knowledge of Loss Adjusting
  • Good understanding of the GTS market & culture and opportunities and threats
  • Knowledge of new business generation techniques
  • Knowledge of FSA procedures and the TCF initiative

General Background, Experience & Professional Qualifications

  • A recognised profile within the area of Engineering claims, with a reputation for excellence
  • Strong technical background with recognised qualifications
  • Experience of achieving financial targets in a complex environment
  • Good understanding of the Major Incident markets
  • Strong financial management skills

Key Responsibilities

  • Receiving and acknowledging new claims
  • Preparing case management plans, visiting the Insured, Brokers, Claimants, Claimants' representatives, Insurers, Re-insurers, Captives and retained Experts
  • Preparing reports commenting in detail on all aspects of the claim, including policy analysis and liability, quantum and future actions
  • Visiting sites, interviewing witnesses and preparing witness statements where required
  • Instructing and controlling forensic scientists and other experts as appropriate
  • Communicating regularly with all interested parties, calculating and approving interim payments, preparing interim reports and other communication
  • Developing working relationships with existing clients and helping to identify and plan approaches to new clients
  • Market for existing and new business lines
  • Maintain and update files and records keeping fully up to date on any technical or legal changes that may have a bearing on a case
  • Mentor, develop, train and monitor junior staff

Skills

  • An ability to make sound judgement calls in complex situations
  • Ability to energise and motivate teams to achieve
  • Public speaking & presentation skills
  • High credibility, both internally and externally, and an ability to represent the Company at the highest levels
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