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- Tasks: Assist the Claims team with third-party due diligence and performance analysis.
- Company: Join AXIS Capital, a leading global provider of specialty insurance and reinsurance.
- Benefits: Enjoy competitive benefits, including medical plans, wellness programs, and tuition reimbursement.
- Why this job: Be part of an inclusive culture that values your unique contributions and fosters personal growth.
- Qualifications: Progress towards CII qualifications and experience in insurance are advantageous but not essential.
- Other info: Work in the office three days a week while collaborating with a dynamic team.
The predicted salary is between 28800 - 43200 £ 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.
Job Description: Delegated Claims Assistant
How does this role contribute to our collective success?
AXIS has a regulatory obligation to ensure that third party companies comply with minimum standards for the handling of claims where there is a Delegated Claims Authority (DCA). The role is to assist the Claims team to fulfil this obligation.
What will you do in this role?
- Assisting colleagues with the completion of third-party due diligence
- Review, analysis and reporting of third-party performance
- Co-ordination of third-party audit scheduling
- Issuance and tracking to closure of audit recommendations
- Production and analysis of information required for internal governance meetings
- Input, maintain and monitor the DCA Register and records in other IT platforms
- Prepare and update third party contracts and schedules for Third Party Administrators (TPAs) and Cover holders
- Assist colleagues in their third-party performance oversight duties
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:
- Progress towards CII qualifications an advantage but not essential
- Previous experience within the insurance industry an advantage but not essential
What we prefer you to have:
- Ability to work to a high standard of accuracy with strong attention to detail
- High quality written and verbal communication skills
- Conscientious and able to work independently towards pre-defined deadlines
- Takes ownership for completing responsibilities in a timely manner
- Collaborative team player who recognises the importance of strong partnerships
- Builds positive working relationships within internal stakeholders and third parties
- Outcome-focused and prioritizes meeting defined business goals and objectives
- Strong problem-solving skills and driven to find creative solutions to business challenges
- Inquisitive and naturally keen to understand and address the root causes of issues
- Demonstrates good judgment including appropriate escalation of items that require management attention
- At ease with management reporting and data systems from timely and accurate input to seeking methods to analyse, review meaning and relevance
- Experienced with Microsoft Excel, Word, PowerPoint and Outlook
Role Factors:
In this role, you will typically be required to:
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.
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Delegated Claims Assistant employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Claims Assistant
✨Tip Number 1
Familiarise yourself with the insurance industry, especially around delegated claims authority. Understanding the basics of how claims are handled and the regulatory obligations can give you a significant edge in interviews.
✨Tip Number 2
Network with professionals in the insurance sector, particularly those who work in claims or compliance roles. Engaging with them on platforms like LinkedIn can provide insights into the role and potentially lead to referrals.
✨Tip Number 3
Demonstrate your attention to detail by preparing examples of how you've successfully managed tasks that required accuracy and thoroughness. Be ready to discuss these experiences during your interview.
✨Tip Number 4
Showcase your problem-solving skills by thinking of specific challenges you've faced in previous roles and how you overcame them. This will highlight your ability to handle the responsibilities of the Delegated Claims Assistant position.
We think you need these skills to ace Delegated Claims Assistant
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Delegated Claims Assistant position. Tailor your application to highlight how your skills and experiences align with these expectations.
Highlight Relevant Experience: If you have previous experience in the insurance industry or related fields, make sure to emphasise this in your CV and cover letter. Use specific examples to demonstrate your understanding of claims processes and third-party management.
Showcase Your Skills: Focus on showcasing your attention to detail, communication skills, and problem-solving abilities. Provide examples of how you've successfully worked independently and collaboratively in past roles.
Craft a Strong Cover Letter: Write a compelling cover letter that not only introduces yourself but also explains why you're interested in AXIS Capital and how you can contribute to their team. Make it personal and reflect your enthusiasm for the role.
How to prepare for a job interview at AXIS Capital
✨Showcase Your Attention to Detail
As a Delegated Claims Assistant, attention to detail is crucial. Be prepared to discuss specific examples from your past experiences where your meticulous nature helped prevent errors or improved processes.
✨Demonstrate Strong Communication Skills
This role requires high-quality written and verbal communication. Practice articulating your thoughts clearly and concisely, and be ready to explain how you've effectively communicated with colleagues or clients in previous roles.
✨Highlight Your Problem-Solving Abilities
The ability to tackle challenges creatively is key. Think of instances where you identified a problem and implemented a solution. Be ready to share these stories during the interview to illustrate your proactive approach.
✨Emphasise Team Collaboration
AXIS values strong partnerships and teamwork. Prepare to discuss how you've successfully collaborated with others in the past, and how you can contribute to a positive team environment in this role.
