At a Glance
- Tasks: Support the Claims team by processing claims data accurately and efficiently.
- Company: Join a fast-growing global reinsurance company with a collaborative culture.
- Benefits: Enjoy competitive salary, health perks, generous leave, and professional development opportunities.
- Other info: Be part of a diverse team focused on innovation and growth.
- Why this job: Make a real impact in a dynamic environment while developing your skills.
- Qualifications: 1-3 years in claims administration with strong attention to detail.
The predicted salary is between 30000 - 42000 £ per year.
We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyd’s, Europe and North America. We are currently seeking a UK-based Claims Administrator to provide vital administrative support to the wider Claims team at Compre. This role is focused on ensuring that claims data is reviewed and processed accurately and in a timely manner, while maintaining well-documented and up-to-date claims files that reflect accurate financial and handling activity.
Responsibilities
- Complete triage and processing of claims files in an accurate and timely manner, including financial adjustments.
- Provide overall administration support to the wider Claims team within Compre.
- Assist in the ongoing review of Static Claims.
- Liaise with relevant stakeholders throughout the claims’ life cycle, including Policyholders, Brokers, Client Insurers and the wider Claims Team.
- Process billings from external service providers and generate corresponding financial movements.
- Monitor general mailboxes to ensure all correspondence is current and up to date.
- Collaborate with internal departments to support operational efficiency and meet organizational goals.
- Ensure the integrity and accuracy of claims data through ongoing review.
- Adhere to claims standards, including compliance to service level agreements.
- Manage data reconciliation to support identified commutation targets.
- Undertake the monthly ELTO tracing activity.
- Participate in additional responsibilities and project work as needed.
Qualifications/Experience
- 1-3 years of experience in claims administration.
- High attention to detail and commitment to maintaining data accuracy and integrity.
- Proficiency in MS Office and claims management systems.
Required Skills
- 1-3 years in claims administration, preferably with exposure to Direct and/or Reinsurance claims.
- Excellent prioritization and time management abilities.
- Effective communication skills to engage with internal teams and external stakeholders.
- Strong analytical skills to identify trends, solve problems, and implement improvements.
- Solid understanding of claims administration processes.
Organizational
- Embodiment and demonstration of Compre’s Values and ability to demonstrate these in day-to-day operations.
- Ability to develop and maintain strong working relationships with both internal and external stakeholders.
Interested? Click through to find the full role profile from our careers page and make an application. Shortlisted candidates will be invited to an interview. If your application is successful, we will conduct relevant employment checks prior to you beginning employment with us. These will include verifying your recent employment, right to work in the relevant location and a standard criminal record check. Please note: We may close a vacancy early if the required quality or number of applications has been received. No agencies please.
At Compre, we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd’s, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US. To keep our globally dispersed team connected, we have various employee resource groups, including Wellbeing, DEI, COMMS and Engagement. We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork, authenticity, and innovation, and provide a space for these behaviours to bloom at Compre.
Fulfil your potential in a collaborative environment with some of the best talent in the industry, while enjoying:
- competitive salary & annual bonus
- a health & wellbeing subsidy (£20 per month) (from Day 1)
- a generous pension (eligible after probationary period)
- private healthcare from BUPA and a Healthcare Cash Plan from Medicash (from Day 1)
- life assurance (from Day 1)
- income protection (from Day 1)
- 25 days annual leave (from Day 1)
- cycle to work scheme (from Day 1)
- season ticket loan (interest free) (eligible after probationary period)
- electric vehicle scheme (eligible after probationary period)
- EAP (Employee Assistance Programme) (from Day 1)
- learning/study support and reimbursement for professional memberships
- employee socials and recognition programme
Claims Administrator employer: Compre Group
Compre is an exceptional employer that prioritises employee growth and well-being, offering a competitive salary, generous benefits, and a supportive work culture. With a focus on collaboration and innovation, employees are encouraged to develop their skills through various learning opportunities while being part of a diverse team that values authenticity and teamwork. Located in the UK, Compre fosters a dynamic environment where every team member can thrive and contribute to meaningful projects in the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Compre or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching common claims administration scenarios. Think about how you'd handle them and be ready to share your thoughts. This shows you're proactive and know your stuff!
✨Tip Number 3
Show off your skills! If you have experience with MS Office or claims management systems, be sure to highlight that during conversations. Practical examples of your past work can really make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Compre.
We think you need these skills to ace Claims Administrator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Claims Administrator role. Highlight your relevant experience in claims administration and any specific skills that match the job description, like attention to detail and proficiency in MS Office.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit for our team at Compre. Don’t forget to mention your understanding of claims processes!
Showcase Your Communication Skills:Since this role involves liaising with various stakeholders, make sure to demonstrate your effective communication skills in your application. Use clear and concise language to show us you can engage well with both internal teams and external partners.
Apply Through Our Website:We encourage you to apply directly through our careers page. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Compre Group
✨Know Your Claims Inside Out
Before the interview, brush up on your knowledge of claims administration processes, especially in the context of reinsurance. Familiarise yourself with common terminology and procedures, as this will show your understanding of the role and impress the interviewers.
✨Showcase Your Attention to Detail
Since the role requires high attention to detail, prepare examples from your past experience where you successfully maintained data accuracy and integrity. Be ready to discuss how you approach tasks that require meticulousness, as this is crucial for the Claims Administrator position.
✨Communicate Effectively
Effective communication is key in this role. Practice articulating your thoughts clearly and concisely. Think about how you would explain complex claims processes to different stakeholders, as this will demonstrate your ability to engage with both internal teams and external clients.
✨Demonstrate Your Problem-Solving Skills
Prepare to discuss specific instances where you've identified trends or solved problems in your previous roles. Highlight your analytical skills and how they can contribute to improving processes within the Claims team at Compre. This will show that you're proactive and ready to add value.
