At a Glance
- Tasks: Investigate and manage Professional Indemnity claims with a focus on effective resolution.
- Company: Join CNA Hardy, a leading specialist in commercial insurance.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact in the insurance industry while developing your negotiation skills.
- Qualifications: Experience in managing Professional Indemnity claims and strong communication skills.
- Other info: Opportunity for career growth in a supportive and innovative company.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking to hire a Professional Indemnity Claims Examiner to join our Manchester office. The role works under broad supervision, investigates and maintains claims within the discipline. Works within authority on assignments of moderate technical complexity. Reviews coverages, determines liability and compensability, secures information and settles claims utilising claims policies and guidelines.
Key Responsibilities
- Interprets policy coverages and determines if coverages apply to claims submitted, escalating issues as needed.
- Sets activities, reserves and authorises payment within scope of authority, settling claims in most cost effective and timely manner. Ensures prompt issuance of disbursements while effectively managing loss costs and claim expenses.
- Participates in performing investigations and evaluating claims through contact with insureds, claimants, witnesses and experts.
- Identifies and escalates serious claim developments to management efficiently and effectively.
- Partners with legal counsel, account representatives, brokers, underwriters and insureds to develop a focused strategy for timely and cost effective resolution of claims.
- Develops and maintains strong broker relationships.
- Recognises need for negotiation, participates in planning strategy and negotiates within scope of authority.
- Analyses claims activity and prepares reports for management review.
- Responsible for input of data that accurately reflects claim circumstances and other information important to our business outcomes.
- Keeps current on relevant issues, regulations and trends.
- Complies with all applicable legal and regulatory requirements and ensures, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
- May perform additional duties as assigned.
Skills, Knowledge & Experience
- Prior experience of managing Professional Indemnity Claims.
- Knowledge of claims and insurance industry theory and practices.
- Developing technical expertise, product specific knowledge and negotiation skills.
- Ability to negotiate and settle claims effectively.
- Good interpersonal and communication skills. Ability to effectively interact with all levels of CNA Hardy's internal and external business partners.
- Ability to work independently. Good time management skills.
- Good analytical and problem solving skills. Demonstrates attention to detail.
The Company
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.
Claims Examiner - Professional Indemnity in Manchester employer: CNA Hardy
Contact Detail:
CNA Hardy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Examiner - Professional Indemnity in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with claims. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Professional Indemnity claims. Be ready to discuss your past experiences and how they relate to the role. We want to see your analytical skills and attention to detail shine!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at CNA Hardy and tailor your approach to show why you’re a perfect fit for their team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. It shows your enthusiasm for the role and gives you another chance to highlight your skills and fit for the position.
We think you need these skills to ace Claims Examiner - Professional Indemnity in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Examiner role. Highlight your experience with Professional Indemnity claims and any relevant skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit. Don’t forget to mention your negotiation skills and ability to work independently.
Showcase Your Analytical Skills: Since the role involves analysing claims activity, make sure to include examples of how you've used your analytical and problem-solving skills in past roles. We love seeing how you tackle challenges!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. We can’t wait to hear from you!
How to prepare for a job interview at CNA Hardy
✨Know Your Claims Inside Out
Before the interview, brush up on your knowledge of Professional Indemnity claims. Understand the key responsibilities and how they relate to the role. Be ready to discuss specific cases or scenarios where you successfully managed claims, showcasing your analytical and problem-solving skills.
✨Master the Art of Negotiation
Since negotiation is a crucial part of this role, prepare examples of past negotiations you've handled. Think about what strategies worked well for you and be ready to share these insights. This will demonstrate your ability to settle claims effectively and build strong relationships with brokers and clients.
✨Showcase Your Communication Skills
Effective communication is key in this position. Practice articulating your thoughts clearly and confidently. You might be asked to explain complex claims processes, so being able to simplify your explanations will impress your interviewers and show that you can interact well with all levels of stakeholders.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest trends and regulations in the insurance industry, particularly those affecting Professional Indemnity. Being knowledgeable about current issues will not only help you answer questions but also show your commitment to staying informed and compliant in your work.