At a Glance
- Tasks: Support the Claims Department with operational tasks and ensure data accuracy.
- Company: Join AXIS Capital, a leading global insurance provider with a strong ethical culture.
- Benefits: Enjoy competitive pay, health plans, tuition reimbursement, and wellness programmes.
- Other info: Flexible work environment with opportunities for growth and development.
- Why this job: Be part of a dynamic team making a real impact in the insurance industry.
- Qualifications: A-level education, strong analytical skills, and proficiency in Excel and MS Office.
The predicted salary is between 30000 - 40000 € per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
The Claims Operations Technician is crucial for the daily functioning of our Claims Department, providing operational support to various stakeholders and overseeing offshored processes. They ensure data accuracy, offer assistance with end-user applications, and actively participate in change activities like London Market reform and SME initiatives. Their role is integral to maintaining efficiency, compliance, and continuous improvement within our organization, contributing significantly to our collective success.
Responsibilities:
- Perform various operational tasks to execute the operations of AXIS Global Markets Claims team, including system coding, exception management, and various follow up activities.
- Facilitate and support the management of offshored processes (e.g. FNOL, payment requisitions, financial updates, third party fee payments, sanction checks, claim history reporting, bordereaux processing etc).
- Support the oversight of third-party business partners and the monitoring of outsource contracts (e.g. DXC Delegated Lead Claims, Express Bordereaux and Static Claims) to ensure compliance with contractual and regulatory requirements.
- Generate, populate, and review reporting templates detailing Claims activity and performance.
- Create and maintain process documentation to support consistent and accurate handling of Claims tasks.
- Assist and participate in specific projects e.g., Faster Claims Payments.
- Provide operational support and guidance to Claim Handlers and work to resolve queries related to claims applications, processes, financial discrepancies etc.
- Assign Event Coding and process exceptional Syndicate Claims Messages (SCMs) and Underwriting Syndicate Messages (USMs) that are referred onshore by the Offshore Team.
- Ensure data quality and record accurate information in accord with strict Company deadlines and consistent with the AXIS Data Policy.
- Provide system and application support to include User Acceptance Testing (UAT) and Market Acceptance Testing (MAT), as required.
- Activities to be performed in compliance with Company policy, procedures and regulatory requirements (PRA, FCA and Lloyds Minimum Standards).
- Promptly notify relevant parties of any perceived risks or failures to existing activity or control measures.
- Develop detailed understanding and usage of internal and market systems (e.g. DOCOsoft, IRIS, RiskWrite, CRS, ECF2 and IMR).
- Stakeholder engagement to include Claims Adjusters, Business Technology Solutions, Internal and External Audit, Finance, Operations, Change and system service providers (e.g. DOCOsoft).
- Support the ongoing development of the Claims function to drive continuous process improvement and operational efficiency ensuring processes meet the business requirements.
- Support regulatory requirements through transactional evidence collection, process demonstrations, and documentation walkthroughs.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
What you need to have:
- Strong ability to use initiative, be curious and proactive.
- Educated to A level standard.
- Numerate, analytical and solution focused mindset while working to deadlines.
- Experience with Excel, MS Outlook, Word and PowerPoint.
- Proven track record of showing initiative and curiosity in previous roles.
- Planning and organisational skills, with the ability to manage own time alongside a diverse portfolio of projects.
What we prefer you to have:
- Previous experience working within a Lloyd’s, London Market Insurer and/or Claims Operations function is an advantage, but not essential.
- Intermediate to advanced experience with Excel, MS Outlook, Word and PowerPoint.
- Ability to present information in a concise fashion relevant to the audience.
Role Factors:
- Be in the office 3 days per week.
What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Claims Operations Technician employer: AXIS (AXIS Capital)
AXIS Capital is an exceptional employer that fosters a collaborative and inclusive work environment, where employees are empowered to bring their authentic selves to work. With a strong focus on professional development and continuous improvement, the Claims Operations Technician role offers meaningful opportunities for growth within a disciplined and ethical corporate culture. Located in the heart of London, employees benefit from a competitive benefits package, including comprehensive health plans and tuition reimbursement, making AXIS a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Operations Technician
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at AXIS Capital. A friendly chat can open doors and give you insider info about the company culture and what they really value in candidates.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research AXIS Capital’s recent projects and initiatives. This shows you're genuinely interested and ready to contribute to their success right from day one.
✨Tip Number 3
Practice makes perfect! Get a friend to do a mock interview with you. Focus on articulating how your skills align with the Claims Operations Technician role and how you can help improve processes at AXIS.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a quick thank-you email. It’s a nice touch that keeps you fresh in their minds and shows your enthusiasm for the position.
We think you need these skills to ace Claims Operations Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Claims Operations Technician role. Highlight relevant experience and skills that match the job description, like your analytical mindset and proficiency with Excel.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about the role at AXIS and how your background makes you a great fit. Keep it concise but impactful!
Showcase Your Initiative:AXIS values curiosity and proactivity, so don’t shy away from sharing examples of when you've taken the initiative in previous roles. This will show us that you’re a go-getter who can contribute to our team.
Apply Through Our Website:We encourage you to apply directly 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!
How to prepare for a job interview at AXIS (AXIS Capital)
✨Know Your Stuff
Make sure you understand the role of a Claims Operations Technician inside and out. Familiarise yourself with key terms like FNOL, bordereaux processing, and the importance of data accuracy. This will show that you're not just interested in the job, but that you’re genuinely prepared.
✨Show Your Initiative
AXIS values curiosity and proactivity, so be ready to share examples from your past where you've taken the initiative. Think about times when you identified a problem and took steps to solve it, especially in a claims or operational context.
✨Excel at Excel
Since the role requires strong Excel skills, brush up on your abilities before the interview. Be prepared to discuss how you've used Excel in previous roles, whether for data analysis, reporting, or managing tasks. If you can, bring examples of your work to demonstrate your proficiency.
✨Engage with Stakeholders
The job involves working with various stakeholders, so practice how you would communicate effectively with different teams. Prepare to discuss how you’ve successfully collaborated with others in the past, and think about how you would approach stakeholder engagement in this role.