At a Glance
- Tasks: Join our team to manage claims operations and ensure compliance with company standards.
- Company: HDI is a global insurer with over 120 years of experience, part of the Talanx Group.
- Benefits: Enjoy a diverse workplace, opportunities for growth, and a supportive team environment.
- Why this job: Be part of a dynamic team that values innovation and efficiency in claims processing.
- Qualifications: Experience in insurance operations or administration, with strong attention to detail and communication skills.
- Other info: We promote inclusivity and welcome diverse applicants to create a thriving workplace.
The predicted salary is between 30000 - 42000 £ per year.
HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.
The role involves delivering Claims operational services as well as Premium processing for outsourced MGA’s on behalf of the HDI Group Global Network, UK and Ireland Branch. Working within Client Services to supply a proactive and flexible service whilst driving best practice and ensuring compliance with all company procedures. This includes meeting agreed service and data quality standards, both internal and external.
Key accountabilities:
- Validate and accurately enter data into company systems to enable precise reporting on the nature and financial impact of the claims portfolio.
- Monitor the claims portal system and liaise with the Technical claims team to action as appropriate to ensure portal compliance.
- Manage the receipt, registration, acknowledgment and allocation of claims notifications and other correspondence.
- Process claims payments, reserve adjustments, and other financial movements in accordance with internal standards and authorisation levels using multiple internal and external systems.
- Receive policy, premium and claim bordereaux from providers and process in accordance to company guidelines.
- Identify and apply protocols to report and recover for all accounts requiring HDI funding.
- Reconciliations of claim and premium movements.
- Reconciliation of claim payments and reserves on multinational inter-company accounts.
- Cashflow management of large payments and outsourced escrow funds.
- Distribution of monthly MI reports and liaising with other business units and external providers to resolve queries as necessary.
- Support other business units and external providers in collating, monitoring, reviewing and finalising Credit Agreement settlements in a timely manner.
- Creating and updating operational process manuals and other procedure documentation.
- Assist with the documentation, maintenance and monitoring of compliance and governance initiatives.
- Support the Technical claims teams to review SLA compliance and internal and external audit requirements.
- Actively participate in projects or other initiatives designed to improve the effectiveness and efficiency of the claims operations team.
- Undertake any other tasks as requested by the Claims Operations Manager in order that the team achieves its objectives.
- Support in keeping intranet and website up to date.
- Produce regular and ad hoc operations and KPI reports, extracting data from internal systems.
Skills & experience:
- Experience in a claims, operational or administration role within insurance.
- Good understanding of insurance and the terminologies used.
- Accuracy and attention to detail.
- Competent user of Excel & Word.
- Good communication (written and oral) and interpersonal skills; comfortable with phone & face to face discussions with underwriters & other technical colleagues.
- Able to organise own workload effectively to meet service standards.
- Deadline focused; able to work under pressure to meet tight deadlines.
- Good systems knowledge, experience of using systems to evaluate data.
- Good analytical and problem solving skills.
- Understanding of financial impact of technical data processed.
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
Claims Operations Technician employer: HDI
Contact Detail:
HDI Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Operations Technician
✨Tip Number 1
Familiarise yourself with the specific terminologies and processes used in claims operations. Understanding the nuances of insurance claims will not only boost your confidence but also help you engage more effectively during interviews.
✨Tip Number 2
Network with professionals already working in the insurance sector, particularly those in claims operations. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could enhance your application.
✨Tip Number 3
Brush up on your Excel skills, as data management is crucial for this role. Consider taking a short course or watching tutorials to improve your proficiency, which will demonstrate your commitment to the role during discussions.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and how you've handled tight deadlines in previous roles. Use specific examples to illustrate your experience, as this will show your potential employer that you can thrive under pressure.
We think you need these skills to ace Claims Operations Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in claims, operations, or administration roles within the insurance sector. Use specific examples that demonstrate your understanding of insurance terminologies and your attention to detail.
Craft a Strong Cover Letter: Write a cover letter that addresses the key accountabilities mentioned in the job description. Explain how your skills and experiences align with the role, particularly your ability to manage data accurately and your experience with compliance and governance initiatives.
Showcase Your Skills: In your application, emphasise your proficiency in Excel and Word, as well as your communication skills. Provide examples of how you've effectively organised your workload and met tight deadlines in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that all information is accurate and that your documents reflect a professional standard, as attention to detail is crucial for this role.
How to prepare for a job interview at HDI
✨Know Your Insurance Terminology
Familiarise yourself with key insurance terms and concepts relevant to the role. This will not only help you understand the job better but also demonstrate your knowledge and enthusiasm during the interview.
✨Showcase Your Attention to Detail
Prepare examples from your past experience where your attention to detail made a significant impact. This is crucial for a Claims Operations Technician, so be ready to discuss how you ensure accuracy in your work.
✨Demonstrate Your Analytical Skills
Be prepared to discuss how you've used analytical skills in previous roles. You might be asked to solve a hypothetical problem or analyse data, so practice explaining your thought process clearly.
✨Prepare Questions for the Interviewers
Think of insightful questions to ask about the company culture, team dynamics, and expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.