At a Glance
- Tasks: Lead automation initiatives in claims and underwriting, enhancing efficiency and risk management.
- Company: Join a leading Life Insurer known for innovation and growth in the insurance sector.
- Benefits: Enjoy remote work flexibility and opportunities for professional development.
- Why this job: Be part of a dynamic team driving automation and making a real impact in the industry.
- Qualifications: Experience in developing life claims or underwriting rules engines is essential.
- Other info: Collaborate with teams in the UK and South Africa for a global perspective.
The predicted salary is between 48000 - 72000 £ per year.
I am currently recruiting for a leading Life Insurer who are seeking a Senior Claims/Underwriting Rules Developer to join their growing team. This role will focus on working on the development of the automated claims proposition and existing automated underwriting offerings, maximizing data analysis for process and philosophy improvements. My client is looking for someone with broad experience of developing Life claims or underwriting rules engines and increasing STP rates based on sound risk management principles.
Key Responsibilities
- Lead the development of claims automation initiatives by establishing process rules, refining philosophy in collaboration with claims SMEs, and creating metrics to track performance and guide future improvements.
- Create customer-facing rules to enable straight-through processing and drive automation efficiency.
- Continuously review and enhance claims rules to ensure they reflect the most current and effective practices.
- Collaborate with AI teams, where applicable, to integrate advanced techniques into the claims assessment process.
- Contribute to the development of underwriting automation by analyzing current rule performance and recommending improvements to enhance efficiency, manage risk, and ensure consistency across engine platforms.
- Conduct competitor analysis to inform and evolve claims and underwriting strategies.
- Develop a strong understanding of internal claims and underwriting systems, ensuring all relevant data fields are tracked, reported, and integrated into management information (MI) for ongoing improvement.
- Foster effective partnerships with IT teams and key stakeholders in both the UK and South Africa to ensure timely testing and delivery of new developments.
- Create and maintain comprehensive documentation related to claims and underwriting philosophies, as well as rule development processes.
Senior Claims/Underwriting Rules Developer - Life Insurance employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims/Underwriting Rules Developer - Life Insurance
✨Tip Number 1
Familiarise yourself with the latest trends in claims automation and underwriting rules. Understanding current technologies and methodologies will help you speak confidently about how you can contribute to our team.
✨Tip Number 2
Network with professionals in the life insurance sector, especially those involved in claims and underwriting. Engaging with industry experts can provide insights into best practices and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved STP rates or developed rules engines in your previous roles. Concrete examples will demonstrate your expertise and problem-solving skills.
✨Tip Number 4
Stay updated on competitor strategies in the life insurance market. Being able to discuss how these insights could inform our claims and underwriting strategies will show your proactive approach and strategic thinking.
We think you need these skills to ace Senior Claims/Underwriting Rules Developer - Life Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in developing claims and underwriting rules engines. Use specific examples that demonstrate your ability to enhance straight-through processing (STP) rates and your understanding of risk management principles.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities mentioned in the job description, particularly your experience with automation initiatives and collaboration with stakeholders.
Showcase Relevant Skills: Emphasise skills that are crucial for this position, such as data analysis, process improvement, and collaboration with AI teams. Provide concrete examples of how you've successfully applied these skills in previous roles.
Highlight Continuous Improvement: Mention any experience you have with reviewing and enhancing processes or rules. Discuss how you have contributed to ongoing improvements in claims or underwriting practices, showcasing your proactive approach to development.
How to prepare for a job interview at HFG
✨Showcase Your Technical Expertise
Make sure to highlight your experience with developing claims and underwriting rules engines. Be prepared to discuss specific projects where you've maximised data analysis for process improvements, as this is crucial for the role.
✨Demonstrate Collaboration Skills
Since the role involves working closely with claims SMEs and IT teams, be ready to share examples of how you've successfully collaborated in past projects. This will show your ability to foster effective partnerships.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about how you would approach automating claims processes or enhancing underwriting efficiency, and be ready to explain your thought process.
✨Research the Company and Competitors
Understanding the company's position in the market and its competitors will give you an edge. Be prepared to discuss how your insights could inform and evolve their claims and underwriting strategies.