At a Glance
- Tasks: Manage claims across various lines of business and assist with third-party administrators.
- Company: Join a dynamic City-based insurance company making waves in the industry.
- Benefits: Enjoy flexible working options and a supportive team environment.
- Why this job: Gain valuable experience in claims management while contributing to meaningful projects.
- Qualifications: No specific qualifications required; just a passion for learning and problem-solving.
- Other info: Perfect for high school and college students looking to kickstart their career in insurance.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a City-based insurance company, has a new opening for a Delegated Authority Claims Analyst. The successful applicant will provide assistance in the management of claims across multiple lines of business, including Property, Casualty, and Financial Lines, across various jurisdictions (predominantly in the UK and Europe). You will also assist in the onboarding and oversight of claims third-party administrators (TPAs).
Duties and Responsibilities:
- Supporting the onboarding of new TPAs through due diligence processes.
- Assisting with the negotiation of services, contracts, and service level agreements for TPAs to be appointed.
- Supporting the management of existing TPAs, including claims referrals, bordereaux management, Loss Fund management, and claims audits.
- Assisting in the analysis of claims data to identify trends, areas of risk, and opportunities for cost savings.
- Supporting administrative tasks for the claims department.
Delegated Claims Analyst employer: Harrison Holgate
Contact Detail:
Harrison Holgate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Claims Analyst
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly in the areas of Property, Casualty, and Financial Lines. Understanding the nuances of these sectors will help you speak confidently about your knowledge during interviews.
✨Tip Number 2
Network with professionals in the insurance field, especially those who work with TPAs. Attend industry events or join relevant online forums to gain insights and make connections that could lead to referrals.
✨Tip Number 3
Brush up on your analytical skills, as you'll need to analyse claims data effectively. Consider taking a short course or using online resources to enhance your data analysis capabilities, which will be beneficial in identifying trends and risks.
✨Tip Number 4
Prepare to discuss your experience with contract negotiation and management. Think of specific examples where you've successfully negotiated terms or managed relationships, as this will demonstrate your capability in handling TPAs.
We think you need these skills to ace Delegated Claims Analyst
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Delegated Claims Analyst position. Understand the key responsibilities and required skills, such as managing claims across various lines of business and working with third-party administrators.
Tailor Your CV: Customise your CV to highlight relevant experience in claims management, particularly in Property, Casualty, and Financial Lines. Emphasise any previous work with TPAs or in similar roles to demonstrate your suitability for the position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the insurance industry and your analytical skills. Mention specific examples of how you've successfully managed claims or worked with TPAs in the past, and express your enthusiasm for the role.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a role involving claims analysis.
How to prepare for a job interview at Harrison Holgate
✨Understand the Role
Make sure you have a solid grasp of what a Delegated Claims Analyst does. Familiarise yourself with the responsibilities listed in the job description, especially around managing claims across different lines of business and working with TPAs.
✨Prepare for Technical Questions
Expect questions related to claims management, data analysis, and risk assessment. Brush up on your knowledge of property, casualty, and financial lines to demonstrate your expertise during the interview.
✨Showcase Your Communication Skills
Since you'll be negotiating contracts and managing relationships with TPAs, it's crucial to highlight your communication skills. Prepare examples of how you've successfully managed stakeholder relationships in the past.
✨Demonstrate Analytical Thinking
Be ready to discuss how you've used data analysis to identify trends or cost-saving opportunities in previous roles. This will show your potential employer that you can contribute to their goals effectively.