Processing Services Technician

Processing Services Technician

Full-Time 30000 - 40000 £ / year (est.) No working from home possible
American International Group

At a Glance

  • Tasks: Process claims and improve operations in a dynamic insurance environment.
  • Company: Join AIG's Talbot, a leading global insurer with a collaborative culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Inclusive culture with opportunities for continuous learning and development.
  • Why this job: Make a real impact in the insurance industry while growing your career.
  • Qualifications: Knowledge of Lloyd’s market and strong communication skills required.

The predicted salary is between 30000 - 40000 £ per year.

Talbot is an international insurer and reinsurer operating within the Lloyd’s market through Syndicates 1183 and 2019. We have been part of AIG since 2018 and our ambition is to be AIG’s Centre of Excellence at Lloyd’s. Headquartered in London, Talbot has offices in New York and Singapore and over 300 people working across these three locations.

Syndicate 1183 underwrites multiple classes of business including Political Violence/Terrorism, Marine, Energy (off-shore and on-shore), Marine and Energy Liability, Hull, Cargo and Specie, Political Risk, Property, Accident and Health, Financial Lines, Cyber, Alternative Risks, Non-Physical Cyber and Treaty Reinsurance.

How you will create an impact

  • The role will require a good knowledge of the Lloyd’s market and a good understanding of the Insurance / Reinsurance industry.
  • An understanding of all Classes written by the Overseas offices is needed to ensure right first time processing is completed within SLAs.
  • Timely processing of claims information, ensuring the team maintain Service Level Agreements.
  • Identifying and assisting with Operational improvements.
  • Monitor claims processing mailbox and process all post received into mailbox within Processing Services SLA.
  • Maintain electronic claims files within Processing Services records per agreed procedures.
  • Update internal workflow system CycloPS Claims with accurate claim information.
  • Complete accurate and timely data entry into Enterprise Risk (Brokasure system).
  • Transmit claim transactions into CLASS and ECF for Talbot claims adjuster review.
  • Review and resolve queries raised by Talbot Claims or Xchanging Claims technicians within CLASS.
  • Produce accurate documentation for presentation to Talbot Finance to ensure timely payment of claims and fees.
  • Provide excellent customer service by responding promptly to all queries from brokers and internal stakeholders within the claims mailbox.
  • Support ad-hoc premium tasks if required, ensuring the processing team maintain Service Level Agreements.
  • Support Audit requests through prompt response to data requests.

What you’ll need to succeed

  • Brokasure Enterprise (Enterprise Risk and Enterprise Accounts) – preferred.
  • Xchanging systems including Insurance Portal and Insurance Market Repository – preferred.
  • Microsoft Word and Excel.
  • Excellent communication skills with all levels of staff.
  • Knowledge of the Lloyd’s Market and the classes of business written at Talbot.

Ready to take your career to the next level? We would love to hear from you.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Processing Services Technician employer: American International Group

At AIG, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation in the heart of London. Our Total Rewards Program ensures that our employees' health, wellbeing, and professional development are prioritised, while our commitment to inclusion and continuous learning creates an environment where everyone can thrive. Join us as a Processing Services Technician and be part of a team that values your contributions and supports your career growth in the dynamic insurance industry.

American International Group

Contact Details:

American International Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Processing Services Technician

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

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We think you need these skills to ace Processing Services Technician

Knowledge of the Lloyd’s Market
Understanding of Insurance/Reinsurance industry
Claims Processing
Service Level Agreements (SLAs)
Operational Improvements
Data Entry
Brokasure Enterprise

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to American International Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on American International Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at American International Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with American International Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at American International Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former American International Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.