We are looking for a Junior Claims Adjuster based in London

Your Team

Allianz is committed to delivering on our claims promise. At Allianz Global Corporate & Specialty (AGCS), we are committed to deliver superior claims experience to our customers: before, during and after a loss.

The Impact You Will Have

We are looking for a Junior Claims Adjuster to join our team focusing on Financial Lines claims. You will be responsible for handling standard claims types and ensureing all claims are within authority limits and in line with AGCS Claims Standards procedures and guidelines. You will liaise with other functions to ensure timely and accurate Claims administration. This role would suit someone with prior experience of claims administration.

Some of your specific responsibilities could include:

Claims Processing and Administration

Input and maintain accurate claims records for designated accounts, within appropriate AGCS Claims administration systems
Review late/non payment of premium and support credit control process with Underwriting / Accounts
Manage timely production of management information reports (e.g. monthly major claims movements) and identify loss trends

Investigation and Reserving of Claims

Investigate standard claims, including coverage determination and evaluation of loss exposures
Determine appropriate reserving levels

Settlement and Reporting

Prepare and, as required, settle case for settlement of standard claims through payment or denial
Support negotiation to ensure efficient and competitive settlement
Proactively produce management information reports (e.g. monthly major claims movements)

Referrals and Compliance

Ensure all claims handled within authority limits, and in line with AGCS Claims Standards procedures and guidelines
Refer cases outside of authority level
Prepare referral documentation and materials as appropriate

Market Management

Liaise with MMC on market management initiatives
Attend industry functions"

Relationship Management

Contribute to the involvement of functional areas in Claims handling process, e.g. Underwriting, MMC, ARC, Operations
Begin to develop and maintain relationships with brokers and/or clients and other relevant stakeholders (e.g. third party adjusters)
Report loss information internally and externally

What You’ll Bring to the Role

Experience in Claims administration in LoB. Basic understanding of LoB products and portfolio: Management of systems (e.g. Genius)
Exposure to / basic understanding of regional / local LoB insurance markets and competitor landscape
Evidence of relationship building with brokers at peer group level
Basic understanding of legal and regulatory framework
Exposure to working in complex, global matrix organization
A willingness to learn and explore how AI can enhance your role and the broader organization is expected.

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

People with disabilities

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email [email protected]

Recruitment Agencies

Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

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Junior Claims Adjuster - Financial Lines @ Allianz

About this role