Delegated Underwriting Claims Administrator
Delegated Underwriting Claims Administrator

Delegated Underwriting Claims Administrator

Full-Time 30000 - 40000 £ / year (est.) No home office possible
ASCOT GROUP

At a Glance

  • Tasks: Assist in managing outsourced adjusting services and oversee daily operations.
  • Company: Dynamic insurance firm focused on innovation and teamwork.
  • Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
  • Other info: Exciting projects and a supportive environment for career development.
  • Why this job: Join a team that values collaboration and make a real impact in the insurance sector.
  • Qualifications: Strong organisational skills and a keen eye for detail.

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

To assist the Delegated Underwriting Analyst in overseeing and controlling outsourced adjusting service providers, including Coverholder and Delegated Claims Administrators (DCAs), on a day-to-day basis.

Detailed Duties

  • Drafting and issuing declaration documents for Delegated Claims Administrators (DCA) Agreements and Coverholder claims wordings.
  • Schedule, attend and manage end to end DCA meeting process including minute taking and review.
  • Assist the Delegated Underwriting (DU) Claims Analyst in reviewing DCA performance including the collation of management submissions and feedback of actions linked to performance.
  • Setting up of new loss funding accounts, monitoring Vitesse loss fund activity and reviewing for post bind reports.
  • Collaborate with DU claims Analyst to complete claims DA audit actions, including scheduling, scoping, report review, and recommendation issuance and closure.
  • Run regular DA pre/post bind reports and complete the associated processes.
  • Work to complete actions associated with any Delegated Claims projects and initiatives.
  • Update and maintain DCA records.
  • Work with DU Claims Analyst to deliver actions for Delegated Claims projects and initiatives, including project planning, tracking progress, resolving blockers, and project actions.
  • Collaborate with the DU Claims Analyst and Delegated Authorities Data Manager in relation to all claim’s bordereaux processes.
  • Be responsible for actioning any claims related bordereaux queries within SLAs.
  • Ensure adherence to Lloyd’s DA Claims Principles and update processes and internal procedures as required in line with the Delegated Underwriting Process and controls frameworks.
  • Complete actions and ad-hoc claims projects for the Head of Claims Operations.
  • Work with the wider Claims Operations team on areas of cross-skilling and contingency tasks.

Delegated Underwriting Claims Administrator employer: ASCOT GROUP

As a Delegated Underwriting Claims Administrator, you will thrive in a dynamic and supportive work environment that prioritises employee development and collaboration. Our company offers comprehensive benefits, a strong focus on work-life balance, and opportunities for professional growth, all set in a vibrant location that fosters innovation and teamwork. Join us to be part of a culture that values your contributions and encourages meaningful engagement in the insurance sector.
ASCOT GROUP

Contact Detail:

ASCOT GROUP Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Delegated Underwriting Claims Administrator

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those working in delegated underwriting or claims. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of DCA processes and Lloyd’s DA Claims Principles. We want you to show off your expertise and how you can contribute to the team right from day one!

✨Tip Number 3

Don’t just apply and wait! Follow up on your applications through our website. A quick email or call can show your enthusiasm and keep you on the radar of hiring managers.

✨Tip Number 4

Get involved in relevant projects or initiatives, even if they’re outside your current role. This shows your commitment to learning and growing in the field, making you a more attractive candidate.

We think you need these skills to ace Delegated Underwriting Claims Administrator

Drafting Skills
Meeting Management
Performance Review
Collation of Management Submissions
Loss Fund Monitoring
Claims Audit Actions
Report Review
Project Planning
Progress Tracking
Problem Resolution
Bordereaux Processes
Adherence to Lloyd’s DA Claims Principles
Process Improvement
Cross-Skilling

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Delegated Underwriting Claims Administrator role. Highlight relevant experience and skills that match the job description, like your ability to manage DCA meetings or handle claims processes.

Showcase Your Attention to Detail: In this role, attention to detail is key! Use your application to demonstrate how you've successfully managed documentation or reports in the past. Mention specific examples where your meticulousness made a difference.

Be Clear and Concise: When drafting your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant to the role. We want to see your communication skills shine through without any fluff!

Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at ASCOT GROUP

✨Know Your Stuff

Make sure you understand the role of a Delegated Underwriting Claims Administrator inside out. Familiarise yourself with the key responsibilities, like managing DCA meetings and monitoring loss funding accounts. This will help you answer questions confidently and show that you're genuinely interested in the position.

✨Prepare for Scenario Questions

Expect to be asked about how you'd handle specific situations related to claims management and performance reviews. Think of examples from your past experiences where you've successfully managed similar tasks or resolved issues. This will demonstrate your problem-solving skills and ability to work under pressure.

✨Show Your Collaborative Spirit

Collaboration is key in this role, so be ready to discuss how you've worked with others in previous jobs. Highlight any experience you have in project planning or working with cross-functional teams. This will show that you can effectively partner with the DU Claims Analyst and other stakeholders.

✨Ask Smart Questions

At the end of the interview, don’t forget to ask insightful questions about the company’s approach to delegated underwriting and claims processes. This not only shows your enthusiasm but also helps you gauge if the company culture aligns with your values. Plus, it gives you a chance to clarify any doubts you might have!

Delegated Underwriting Claims Administrator
ASCOT GROUP

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