At a Glance
- Tasks: Handle claims from start to finish, ensuring quick turnaround and effective communication.
- Company: Join a top 10 global insurance broker with a focus on relationships and inclusivity.
- Benefits: Support for professional growth, competitive salary, and a collaborative work environment.
- Other info: Dynamic team atmosphere with opportunities for career advancement.
- Why this job: Make a real impact in the insurance industry while building lasting relationships.
- Qualifications: Experience in claims broking and strong communication skills are essential.
The predicted salary is between 37800 - 46200 £ per year.
Amwins Global Risks
At Amwins Global Risks, we succeed together.
We’re not ‘just another London broker’ placing risks and signing contracts.
We’re forging relationships that are built to last.
With over 700 employees around the world and a global footprint across more than 150 countries, we’ve cemented our place as a top 10 contributor to Lloyd’s.
Insurance is a relationship-based business, and achieving success means hiring the best talent in the industry.
When you join us, we will encourage and support your professional and personal development as we invest in you and your learning to help you succeed and grow.
We believe in a flat organisational structure that prizes expertise and relationships equally.
We’ve built a workplace where talent, collaboration and inclusivity are valued, and our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace where everyone who works with us can be themselves.
Job Description
- Department: North America Special Risks
- Website: www. amwinsglobalrisks. com
- Introduction
As a Claims Broker in our Special Risks team, your main responsibility will be handling claims matters from First Notice of Loss to Settlement, supporting your Line Manager, the brokers and working directly with Underwriters and Coverholders to support and fulfil their Claims needs.
Responsibilities
• Claims Handling
- Individual Claims and post received are reviewed and entered onto Global XB and CLASS as soon as possible after receipt but no later than the SLA’s set out to ensure quick turnaround time of claims for both the client and Underwriters.
- Ensuring Underwriters’ responses are conveyed to the correct party in a timely manner along with responding to any queries raised.
- Maintaining a claims diary and is responsible for keeping this up to date.
- Providing Loss runs when requested.
- Monitoring the processing of our Claims bdx by Cheltenham based team to ensure our deadlines are met.
- Monitoring our Loss funds ensuring our DCA’s have sufficient funds on existing and new contracts whilst returning Loss funds to Underwriters when available.
- Develop and maintain effective relations with our Cheltenham based team and providing them with guidance as required.
- Building working relationships with our Underwriters, DCAs, Attorneys, Experts.
- Working with our Account Handlers and Brokers on their claim’s requirements.
- Claims Data and analytics.
- Maintaining accurate and detailed records.
- Undertake any other responsibilities that may become necessary to fulfil this role.
- Knowledge/Skills/Qualifications
- Claims Broking Experience
- Working knowledge of the Lloyd’s and company markets
- Aware of current Lloyd’s initiatives
- Working knowledge of the role of a DCA
- Experience in Binding Authorities
- Working knowledge of ECF
- Knowledge of the Xchanging process for Signing Claims
- Microsoft Office Skills
- Advanced Excel skills
- Good spoken and written communication skills
- Accuracy and attention to detail
- Confident and efficient in dealing with large datasets
- Team working ability
- Ability to manage workload and meet deadlines
- Knowledge of USA property insurance
- Understanding of regulatory requirements in the territories concerned
- Working towards a Certificate in Insurance or higher
- Key Competencies
- Accurate Data and Management of Information
- Communicating and influencing skills Customer Focus
- Decision Making
- Information Seeking
- Negotiation and Persuasion
- Planning and organising
- Relationship Building
- Team Working
- #J-18808-Ljbffr
Claims Broker employer: Amwins Global Risks
Amwins Global Risks is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for a Senior Systems Engineer. Located in the United Kingdom, employees benefit from continuous learning opportunities and access to cutting-edge technologies, ensuring professional growth and development. With a focus on teamwork and a commitment to optimising infrastructure, Amwins provides a rewarding environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Broker
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Amwins Global Risks). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Amwins Global Risks. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Claims Broker
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Amwins Global Risks.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Amwins Global Risks. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Amwins Global Risks
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Amwins Global Risks to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Amwins Global Risks, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Amwins Global Risks's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
