At a Glance
- Tasks: Oversee delegated claims arrangements and build relationships with partners.
- Company: Join a Global Fortune 500 specialty insurance client in Leeds or Manchester.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a crucial team driving compliance and best practices in the insurance sector.
- Qualifications: Knowledge of claims, insurance regulations, and strong communication skills required.
- Other info: This is a one-year fixed-term contract with potential for future opportunities.
The predicted salary is between 36000 - 60000 £ per year.
We're seeking an individual with knowledge and experience working within the Delegated Authority space, ideally Delegated Claims, to join our Global Fortune 500 specialty insurance client in their Leeds or Manchester office as part of the support for their continued growth of the function.
This is an exciting opportunity that reports into the Head of UK Insurance claims and is responsible for the oversight and monitoring of the delegated claims arrangements with TPAs and coverholders. If you are looking for your next role within Delegated Authority, this is the position for you!
What we are looking for in you?
- A working knowledge of the claims environment
- A working knowledge of the insurance regulatory framework
- Experience of conduct risk, claims operations and metrics
- A critical / analytical and curious mindset
- Excellent written and spoken communication skills in English language
- An ability to work collaboratively and be a team player but also have the ability to work independently
What will be your duties and responsibilities?
- Take responsibility for the oversight and governance of the UK delegated claims handling relationships. Ensure that all delegated schemes and binders are following best practice.
- Responsible for building relationships with our strategic partners and serving as the point of contact between the client, TPAs and coverholders for claims related communications.
- Manage the onboarding process for new delegated authority schemes, gathering and assessing the information required to evaluate the performance of a TPA for appointment to a delegated authority arrangement.
- Working with the delegated authority TPA or coverholder to ensure that they meet and evidence compliance with all relevant legal and regulatory standards pertaining to the authority that they are exercising on behalf of the client.
- Ensuring the delegated providers comply with all of our service requirements, claims handling procedures, organisational and structural arrangements.
- Manage and undertake the renewal process for each of the delegated providers on an annual basis, including obtaining and reviewing documents evidencing that the delegated provider's systems and processes continue to align with our expectations.
- Be responsible for off-boarding arrangements and monitoring delegated providers in run-off.
What next?
Click "Apply Now" to complete a short application for this opportunity.
Delegated Claims Specialist - One Year FTC employer: Avencia Consulting
Contact Detail:
Avencia Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Claims Specialist - One Year FTC
✨Tip Number 1
Familiarise yourself with the specific delegated authority frameworks and regulations relevant to the insurance industry. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with professionals already working in delegated claims or similar roles. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss your experience with claims operations and metrics in detail. Be ready to share specific examples of how you've successfully managed relationships with TPAs or coverholders in the past.
✨Tip Number 4
Showcase your analytical mindset by being prepared to discuss how you approach problem-solving in claims management. Think of scenarios where you've had to critically assess a situation and what outcomes resulted from your actions.
We think you need these skills to ace Delegated Claims Specialist - One Year FTC
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Delegated Claims Specialist position. Tailor your application to highlight your relevant experience in delegated authority and claims management.
Highlight Relevant Experience: In your CV and cover letter, emphasise your working knowledge of the claims environment and insurance regulatory framework. Provide specific examples of your experience with conduct risk and claims operations to demonstrate your suitability for the role.
Showcase Communication Skills: Since excellent written and spoken communication skills are essential for this role, ensure that your application is well-structured and free of errors. Use clear and concise language to convey your points effectively.
Demonstrate Teamwork and Independence: In your application, mention instances where you successfully worked as part of a team as well as situations where you took initiative and worked independently. This will show that you can adapt to different working styles, which is crucial for this position.
How to prepare for a job interview at Avencia Consulting
✨Understand the Delegated Authority Space
Make sure you have a solid grasp of what delegated authority means in the insurance sector. Be prepared to discuss your previous experiences and how they relate to managing delegated claims, as this will show your familiarity with the role.
✨Showcase Your Analytical Skills
Since the role requires a critical and analytical mindset, be ready to provide examples of how you've used these skills in past positions. Discuss specific situations where your analytical abilities led to improved outcomes in claims operations or compliance.
✨Demonstrate Communication Skills
Excellent written and spoken communication is key for this position. Prepare to articulate your thoughts clearly and concisely during the interview. You might also want to practice explaining complex concepts in simple terms, as this will be crucial when liaising with TPAs and coverholders.
✨Prepare for Relationship Management Questions
Since building relationships with strategic partners is a significant part of the job, think of examples where you've successfully managed stakeholder relationships. Be ready to discuss how you approach collaboration and conflict resolution in a team setting.