At a Glance
- Tasks: Lead onboarding and oversight of third-party claims relationships, ensuring compliance and performance.
- Company: Join AXIS Capital, a global leader in specialty insurance with a strong ethical culture.
- Benefits: Inclusive workplace, competitive salary, and opportunities for personal and professional growth.
- Other info: Dynamic role with opportunities to collaborate across teams and drive continuous improvement.
- Why this job: Make a real impact by enhancing claims processes and ensuring fair outcomes for customers.
- Qualifications: Experience in claims operations or third-party management is preferred but not mandatory.
The predicted salary is between 58500 - 71500 £ per year.
Claims Third Party Management, Delegated Claims Senior Oversight Analyst
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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.
- Job Family Grouping: Claims
- Job Family: Delegated Claims
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).
This role plays a key part in strengthening the oversight, governance, and performance management of TPAs and Coverholders with delegated claims authority.
It supports the end-to-end lifecycle of delegated claims relationships, including onboarding, due diligence, contract management, performance monitoring, audit coordination, issue management, loss fund oversight, and governance reporting.
The role is expected to provide informed analysis, identify trends and areas for enhancement, support risk-based decision making, and work collaboratively with internal stakeholders and external partners to ensure delegated claims arrangements remain effective, well controlled, and focused on delivering fair, timely, and consistent outcomes for customers.
What will you do in this role?
- Lead and support the onboarding of new third-party claims relationships, including completion and assessment of due diligence requirements.
- Prepare, review, and maintain DCA contracts, schedules, authority limits, service standards, and related documentation for TPAs and Coverholders.
- Provide ongoing oversight of third-party performance, using management information, audit findings, complaints, customer feedback, service levels, and claims data to identify trends, risks, and improvement opportunities.
- Analyse delegated claims performance and produce clear reporting for internal governance meetings, including insights, emerging themes, escalations, and recommended enhancement actions.
- Coordinate third-party audit scheduling, working with internal stakeholders and external audit providers to ensure audit activity is risk-based, proportionate, and aligned to governance requirements.
- Review, issue, and track audit recommendations through to closure, ensuring progress is monitored, evidence is obtained, and material issues are appropriately escalated.
- Maintain and monitor the DCA Register and related records across relevant systems, ensuring data is accurate, complete, and capable of supporting effective oversight and reporting.
- Support risk-based oversight of TPAs and Coverholders, including review of performance against agreed standards, authority limits, customer outcome expectations, and regulatory requirements.
- Oversee loss fund arrangements, including monitoring, reporting, reconciliation support, and escalation of issues where appropriate.
- Act as a key point of contact for delegated claims stakeholders, building effective relationships with Claims, Underwriting, Delegated Underwriting, Compliance, Finance, TPAs, Coverholders, and other relevant partners.
- Support continuous improvement across delegated claims processes, including opportunities to improve efficiency, management information quality, governance evidence, and customer outcome monitoring.
- Contribute to the development and maintenance of delegated claims frameworks, procedures, controls, and reporting disciplines.
- Provide guidance and support to colleagues on delegated claims processes, standards, and oversight expectations.
- 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
Previous experience in delegated claims, claims operations, delegated authority oversight, third-party management, or a related insuranc
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Claims Third Party Management, Delegated Claims Senior Oversight Analyst employer: axiscapital
At AXIS Capital, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters inclusivity and personal growth. As a Lloyds Reporting Actuary, you will benefit from a comprehensive benefits package, including health and wellness programs, retirement plans, and tuition reimbursement, all while working alongside some of the best professionals in the industry. Our entrepreneurial and ethical corporate culture empowers employees to bring their whole selves to work, ensuring a fulfilling and rewarding career path in the heart of the Lloyd's market.
