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Why complete our Job Simulation
A risk-free way to experience work on the job as a London Market Claims Adjuster. Practice your skills with example tasks and build your confidence to ace your applications.Self-paced2-3 hoursNo gradesNo assessmentsintroductory
Welcome to the London specialty insurance market – a global leader in protecting businesses and people. Without it, planes would not be able to take off, musicians wouldn’t perform live and vaccinations wouldn’t be transported all round the world. It’s where airlines, tech giants, football clubs and satellite operators (to name only a few) come to protect themselves against the risks that might cost them a fortune.
During this programme, you will have the opportunity to step into the shoes of a London Market Claims Adjuster – the professional in the insurance world that puts businesses and individuals back on their feet after disaster strikes. You will complete tasks that replicate how these professionals deliver the practical and financial support that can make all the difference in how well and how fast society, businesses and people, recover when something goes wrong. We hope it will help you to learn new skills and strengthen your CV as you explore possible career options.
*Please note Lloyd's Market Association (LMA) has entered into a contract with Forage to provide services under the branding of London Insurance Life, which is itself a brand of the London Market Group (LMG). All data handling and privacy obligations are governed by the agreement between LMA and Forage.
Skills you will learn and practice:
Claims analysis
Claims investigation
Data analysis
Presentation skills
How it works
Complete tasks guided by pre-recorded videos and example answers from claims professionals in the London specialty insurance market. No live sessions, all self-paced.
Earn a certificate and add it to your resume and LinkedIn as an extra curricular activity.
Stand out in applications. Confidently answer interview questions and explain why you’re a good fit for our team.
Tasks in this program
Task One: Assess a First Notice of Loss
30-60 minsIntroductory
Understand the purpose of a First Notice of LossWhat you'll learn
- Understand the role of a claims adjuster in assessing a First Notice of Loss
- Understand what the policy does or does not include, how much it pays out, what time period it covers and any other specific conditions such as how much of the loss the policyholder has to pay before the insurance kicks in
- Critical thinking and decision-making in analysing the details of a claim
What you'll do
- Review a First Notice of Loss on a claim following the cancellation of a large music festival in the US
- Consider:
- Whether the date of loss was within the policy period?
- Whether the financial amount exceeds the policyholder's policy limits?
- What type of information you may need from the client.
London Market Claims Adjuster
