Claims Operations Technician
Claims Operations Technician

Claims Operations Technician

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

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 flexible work options.
  • Other info: Dynamic role with opportunities for growth and a supportive team environment.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: A-level education, strong initiative, 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.

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.

  • 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.
  • Assistance and participation 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 (SCM’s) and Underwriting Syndicate Messages (USM’s) 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 Lloyd’s 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.

About You: We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

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. Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

Claims Operations Technician employer: AXIS Capital

AXIS Capital is an exceptional employer that fosters an inclusive and welcoming culture, empowering employees to bring their whole selves to work. With a commitment to professional growth, AXIS offers a comprehensive benefits package, including health and wellness programs, tuition reimbursement, and opportunities for career advancement in the dynamic field of insurance and reinsurance. Located in the heart of London, employees benefit from a vibrant city atmosphere while contributing to a company known for its ethical practices and outstanding client service.
AXIS Capital

Contact Detail:

AXIS Capital Recruiting Team

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, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching AXIS Capital and understanding their values. Be ready to discuss how your skills align with their mission of outstanding client service and operational efficiency.

✨Tip Number 3

Practice your responses to common interview questions, especially those related to claims operations. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your problem-solving skills.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the AXIS team.

We think you need these skills to ace Claims Operations Technician

Operational Support
Data Accuracy
System Coding
Exception Management
Process Documentation
User Acceptance Testing (UAT)
Stakeholder Engagement
Analytical Skills
Excel
MS Outlook
Word
PowerPoint
Planning and Organisational Skills
Curiosity
Proactivity

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Claims Operations Technician role. Highlight your relevant experience and skills that align with what AXIS is looking for, like your analytical mindset and initiative.

Showcase Your Skills: Don’t forget to mention your proficiency in Excel and other Microsoft Office tools. If you’ve got any experience with claims operations or the London Market, make it shine in your application!

Be Yourself: AXIS values individuality, so let your personality come through in your application. Share your unique experiences and how they’ve shaped your approach to work – we want to see the real you!

Apply Through Our Website: For the best chance of success, apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at AXIS Capital

✨Know Your Stuff

Before the interview, make sure you understand the key responsibilities of a Claims Operations Technician. Familiarise yourself with terms like FNOL, bordereaux processing, and the importance of data accuracy. This will show that you're not just interested in the role but also prepared to hit the ground running.

✨Show Your Initiative

AXIS values curiosity and proactivity, so be ready to share examples from your past experiences where you've taken the initiative. Whether it was improving a process or solving a problem, highlight how your actions made a difference. This will resonate well with their corporate culture.

✨Be Data Savvy

Since the role involves a lot of data handling, brush up on your Excel skills. Be prepared to discuss how you've used Excel in previous roles, whether for reporting or analysis. If you can demonstrate your analytical mindset, it’ll give you an edge over other candidates.

✨Engage with Stakeholders

The job requires interaction with various stakeholders, so think about how you’ve successfully communicated with different teams in the past. Prepare to discuss how you’ve managed relationships and resolved queries, as this will showcase your ability to work collaboratively within a diverse environment.

Claims Operations Technician
AXIS Capital

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