At a Glance
- Tasks: Handle healthcare claims and provide technical leadership in a collaborative environment.
- Company: Join Arch Europe Insurance Services, a leader in innovation and teamwork.
- Benefits: Competitive salary, career development, and a supportive work culture.
- Why this job: Make a real impact in the insurance industry while solving complex problems.
- Qualifications: Experience in insurance claims and strong communication skills required.
- Other info: Dynamic role with opportunities for growth and professional development.
The predicted salary is between 36000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„¢.
Role Purpose
The responsibility of a Claims Handler at Arch Insurance Company (Europe) Limited relates to all Healthcare claims generated by Arch managed syndicates and the company platform writing UK, US and international business.
Duties include but are not limited to the following:
- Handle claims associated with Arch managed syndicates and company platform.
- Provide technical leadership to the rest of the London market on lead files.
- Responsible for the delivery of a high level claims service, involving regular communication with claims managers and underwriters.
- Assist underwriters in the implementation of their overall underwriting strategy.
- Represent Healthcare claims at events, client meetings, broker meetings and Arch internal meetings (when required).
- Manage service providers involved in the claims function on a day to day basis.
- Assist in the management of TPA’s including annual audits.
- Assist in aspects of coverage and potential recovery.
Key Responsibilities
Technical Expertise
- Adhere to the Arch Insurance (Europe) Ltd reserving philosophy and ensure claims are reserved in a consistent and accurate manner.
- Responsibility for handling losses within handler’s authority levels.
- Deliver concise, clear and accurate reports, such as Large Loss and Risk Alert Reports.
- Deliver concise, clear and accurate Audit reports for compliance purposes.
Manage External Service Providers
- Manage relationships with brokers, Insureds, Coverholders and third party providers.
- Feedback on the performance of technical experts i.e., lawyers and loss adjusters and ensure adherence to SLA’s.
- Feedback on the performance of TPA’s.
- Audit of TPA’s.
Claims Strategy & Market Leadership
- Involved in the delivery of the department's business goals and objectives.
- Representing Arch Insurance (Europe) Ltd in the London market, for both Lloyd’s and company platforms.
- Where Arch are agreement party, act as a market lead including strategy planning, managing market calls/meetings and the demands/expectations of market followers.
- Delivery of claims tasks and projects outside day-to-day workflow.
- Contribute to improving claims processes and procedures as necessary.
Role Skills / Competencies
- Good technical knowledge of Healthcare (US/International). However, candidates with General liability or Professional Lines will be considered.
- Experience of US law and insurance regulations in various jurisdictions would be advantageous but not essential.
- Broad understanding of coverage issues/policy interpretation.
- Good report writing skills.
- Ability to communicate confidently at the highest levels across all areas of an organisation.
- Strategically minded.
- Results and service focused.
- Strong influencing and decision making.
- Ability to prioritise, multi-task and be organised.
- Ability to use own initiative or seek guidance as appropriate.
- Excellent IT Skills.
- Minimum of 5x A-C GCSE grades, A-levels or degree.
- Progression towards CII would be advantageous.
- Insurance claims Industry experience.
- Minimum 2-5 years’ experience in a similar role and in the Insurance Market, which can be either company or Lloyd’s platforms.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
Claims Handler - Healthcare employer: ARCH EUROPE INSURANCE SERVICES LTD
Contact Detail:
ARCH EUROPE INSURANCE SERVICES LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Handler - Healthcare
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry, especially those involved in healthcare claims. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or at networking events, make sure to highlight your technical knowledge of healthcare claims. Share specific examples of how you've tackled complex issues in the past – it’ll set you apart from the crowd.
✨Tip Number 3
Be proactive! If you’re really keen on working with Arch, don’t just wait for job postings. Create an account on our website and set up job alerts. This way, you’ll be one of the first to know when a role that fits your skills pops up!
✨Tip Number 4
Follow up after interviews! If you’ve had a chat with someone at Arch, drop them a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the Claims Handler role!
We think you need these skills to ace Claims Handler - Healthcare
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Handler role. Highlight your relevant experience in healthcare claims and any technical expertise you have. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since this role involves regular communication with various stakeholders, make sure to demonstrate your strong communication skills in your application. We want to know how you can effectively convey information and build relationships.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of healthcare claims, especially those related to the US and international markets. Familiarise yourself with Arch's reserving philosophy and be ready to discuss how you would handle various claims scenarios.
✨Showcase Your Communication Skills
Since the role involves regular communication with claims managers and underwriters, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated in previous roles, especially in high-pressure situations.
✨Demonstrate Your Technical Expertise
Be prepared to discuss your technical knowledge of healthcare insurance and any relevant experience you have with general liability or professional lines. Highlight specific instances where your expertise has led to successful outcomes in claims handling.
✨Prepare for Strategic Discussions
Understand Arch's business goals and be ready to discuss how you can contribute to achieving them. Think about how you would approach strategy planning and managing market expectations, and be prepared to share your ideas during the interview.