Canopius is a market leading Cyber Insurer. We have an exciting opportunity for an individual to join our cyber claims team. We are looking to recruit a motivated individual who is passionate about Cyber as a class of business. This is rare opportunity to join our cyber team at a top 5 Lloyd's of London syndicate with global operations.
Our benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
The Role
Canopius is a market leading Cyber Insurer. We have an exciting opportunity for an individual to join our cyber claims team. We are looking to recruit a motivated individual who is passionate about Cyber as a class of business. This is rare opportunity to join our cyber team at a top 5 Lloyd's of London syndicate with global operations.
Cyber insurance claims are currently hot topics in the news with high profile ransomware attacks, cyber extortion, and social engineering frauds all making news headlines. The Claims Adjuster will handle and adjust Cyber insurance claims from first notification to final resolution working within the London based Canopius Cyber Claims team.
As of March 2023, Canopius has in-sourced our Cyber Incident Management function; the initial triage of cyber incidents, arranging of assistance from our panel, and project managing the incident response process. This puts Canopius within a small number of global insurers to have taken this step and provides a joined up claims service with the incident response and claims adjusting working without artificial barriers.
Key Responsibilities
- To adjust claims within your authority level and in accordance with the Canopius claims vision and obligations; ensuring and delivering excellent service to all our customers;
- To ensure that sufficient financial provisions, in accordance with the Canopius reserving philosophy, are held for all claims under your handling;
- To instruct and oversee lawyers, adjusters and experts from the Canopius panel;
- To assist with the oversight of delegated claims authority holders ("DCAs"), service providers or outsource partners, who provide services in respect of your team;
- To develop an understanding of underwriting and claims within the Cyber portfolio including typical policy language and coverage issues; and,
- To develop and maintain relationships with key external customers (key brokers, eternal vendors, and where relevant, coverholders and insureds).
Skills and experience
- Experience in cyber insurance, a law firm, or a related field is preferred.
- A proven track record of effective management of cyber claims;
- Knowledge of key issues affecting the cyber insurance market;
- Coverholder management and oversight
- Lloyd's claims scheme and related claims handling systems.
- Ability to prioritise and meet deadlines;
- Excellent communication skills both written and spoken, including the ability to represent Canopius in a professional manner; and,
- Computer literacy in standard business software including MS Excel, MS Word and MS Outlook.
- An eagerness to learn and develop new skills in cyber insurance as part of their own professional development;
- Customer focused and keen to provide the highest quality of service delivery.