At a Glance
- Tasks: Analyse claims data and enhance performance of delegated claims administrators.
- Company: Join Canopius, a leading global (re)insurer in the Lloyd's of London market.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be part of a team committed to customer excellence and innovative claims solutions.
- Qualifications: Strong data analysis skills, proficiency in Power BI and Excel, and a proactive attitude are essential.
- Other info: This role is based in WeWork, Manchester, offering a dynamic workspace.
The predicted salary is between 36000 - 60000 £ per year.
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. Our Claims Vision is to continually push the boundaries of customer excellence through an empowered, collaborative and innovative approach to claims. We aim to be the envy of the market.
Canopius is seeking a detail-oriented and analytical individual to help identify opportunities to enhance the performance of our delegated claims administrators (DCAs), as well as ensuring all DCAs meet their baseline contractual obligations. This is an excellent opportunity for someone to leverage their analytical skills and gain valuable experience applying them to claims performance management within the insurance industry.
Working with the Claims Data and MI Manager alongside the Delegated Performance Team, this role is specifically responsible for pulling together key claims metrics, trends and data from multiple sources to identify performance issues and, ultimately ensuring, where possible, we only work with those best-in-class DCAs who are committed to delivering the Canopius claims vision and values. Supporting and collaborating with colleagues in the Claims function will also be critical to the success of this role, working with a broad range of stakeholders representing a plethora of Product and Business Units, as well as colleagues in the Conduct team, risk team, underwriting teams, complaints team, procurement team, legal team and Delegating Authority Management team.
We are primarily seeking an individual with the motivation, drive and enthusiasm to deliver excellence in everything we do, from a delegated claims perspective. We can promise a diverse range of tasks, working in a highly collaborative claims team committed to delivering our Claims Vision.
- Design, build, and maintain advanced Power BI dashboards to provide actionable insights by integrating data from Excel documents and the internal data warehouse, while driving the modernisation and automation of the DCA performance process.
- Work closely with Claims MI and Delegated Performance Team to identify any drivers adversely impacting key claim metrics, such as lifecycle and decline ratios, amongst others.
- Conduct detailed analysis of delegated authority performance, ensuring data accuracy and delivering regular performance reports to key stakeholders.
- Maintain strong working relationships with all claims colleagues and stakeholders from across the business, to ensure a complete understanding of any associated risks and challenges with our DCAs.
- Create reports using our Customer Service feedback tool which will help our DCAs improve the claims experience for our customers.
- Where necessary, work with internal stakeholders on the onboarding of new DCAs to ensure they are fully aware of both our policyholders and Canopius' reporting and data needs and expectations.
- Assist in pulling together key data/metrics required for our Product reviews, including where necessary interrogating this data and securing further reports and information.
- Assist in pulling together key data/metrics required for regulatory returns, such as the FCA General Insurance Value Measures return.
- Collate and interrogate additional reports from DCAs, such as regular account specific performance updates (weekly, monthly, quarterly updates).
- Support the wider Claims Operations team in proactively managing and addressing any ad hoc queries or requirements from either internal or external stakeholders.
Candidates should ideally have experience working with delegated business, particularly within an operational role. Emphasis will be placed on candidates who possess strong expertise in handling data.
Candidates will have key personal skills including:
- Strong proficiency in Power BI, Microsoft Excel, and other data tools, with a natural curiosity for analysing and interpreting data.
- A positive, enthusiastic, and confident individual with a proactive attitude toward solving problems.
- Ability to work effectively both independently and as a collaborative team player.
- Focused on delivering the highest quality service and maintaining a customer-oriented mindset.
- A forward-thinking approach with the ability to help modernize the DCA process and embrace new technologies.
- Open, honest, warm, and respectful communication skills to foster strong relationships.
- A self-starter attitude with a commitment to professional growth and development.
- Strong organizational skills to prioritize tasks effectively and proactively meet deadlines.
- Willingness to take responsibility, act with honesty, integrity, and fairness in all actions.
Claims Operations Analyst employer: Canopius Group
Contact Detail:
Canopius Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Operations Analyst
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly the delegated claims process. Understanding how DCAs operate and the key metrics that impact their performance will give you an edge in discussions during interviews.
✨Tip Number 2
Brush up on your Power BI skills. Since this role involves designing and maintaining dashboards, showcasing your ability to create insightful visualisations from data can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the insurance sector, especially those involved in claims operations. Engaging with industry peers can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 4
Prepare to discuss your analytical approach to problem-solving. Be ready to share examples of how you've used data to drive decisions or improvements in previous roles, as this aligns closely with the responsibilities of the Claims Operations Analyst.
We think you need these skills to ace Claims Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience, particularly in claims operations or data analysis. Emphasise your proficiency in Power BI and Excel, as well as any previous roles that involved working with delegated business.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and Canopius's claims vision. Discuss how your analytical skills and proactive attitude align with their goals, and provide specific examples of how you've successfully handled data in past roles.
Showcase Your Analytical Skills: When detailing your experience, focus on specific projects where you used data to drive performance improvements. Mention any dashboards or reports you created, and how they impacted decision-making within your team or organisation.
Highlight Collaboration Experience: Since the role involves working with various stakeholders, include examples of how you've successfully collaborated with different teams. This could be through cross-departmental projects or initiatives where you maintained strong working relationships.
How to prepare for a job interview at Canopius Group
✨Showcase Your Analytical Skills
As a Claims Operations Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used analytical tools like Power BI or Excel in previous roles to drive performance improvements.
✨Demonstrate Collaboration
Canopius values teamwork, so highlight your experience working with diverse teams. Share instances where you successfully collaborated with different stakeholders to achieve common goals, especially in claims or operational contexts.
✨Emphasise Customer Orientation
Since the role focuses on enhancing customer experience through claims, be ready to explain how you've prioritised customer needs in past positions. Discuss any feedback mechanisms you've implemented or improved to enhance service delivery.
✨Prepare for Technical Questions
Expect questions related to data management and reporting. Brush up on your knowledge of key metrics relevant to claims performance and be ready to discuss how you would approach modernising processes using technology.