At a Glance
- Tasks: Join us as a Casualty Claims Adjuster, processing insurance documentation and managing claims efficiently.
- Company: Velonetic is a leading player in the London insurance market, innovating with digital solutions.
- Benefits: Enjoy flexible benefits, including private medical cover, dental insurance, and discounts on various services.
- Why this job: This role offers hands-on experience in the dynamic insurance sector with a supportive and inclusive culture.
- Qualifications: Strong numeracy and literacy skills, plus a good understanding of insurance wordings and claims handling.
- Other info: Comprehensive training and career development opportunities are provided to help you grow.
The predicted salary is between 36000 - 60000 £ per year.
Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd's of London. We have been operating for over 20 years in the London market (Lloyd's and Company), in both insurance and reinsurance business. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed.
We have a fantastic new job opportunity for an individual who has strong London Market knowledge and Lloyd's market systems knowledge. If you like the idea of a role where you can develop breadth and depth of technical insurance wordings along with your London Market Insurance knowledge, in a variety of different business situations, then this could be just the role for you.
A Professional Casualty Adjuster works under the direction of a Team Manager, performing a range of technical checks and processes a variety of insurance documentation for different customers and classes of business. All work processed must meet agreed service levels in respect of quality and turnaround times. Training will be provided for all insurance documentation/systems required to perform the role.
We're Looking For People Who Have:
- Strong numeracy, verbal and literacy skills
- Ability to manage and adjust all inward claims within claims handling/settlement authority and in accordance with claims handling procedures
- Report claims in accordance with claims reporting requirements
- Computer literate with working knowledge of Outlook and MS Office
- Work to a high level of accuracy with attention to detail
- Strong organisational, personal and time management skills
- Ability to demonstrate strong negotiating and influencing skills
- Positive attitude and natural curiosity to identify improvements
You will need to have a good understanding of insurance wordings and the principles and practice of insurance. Previous experience in handling liability claims (UK & US liability) (Employers Liability, Public Liability/General Liability, Products Liability etc.) is required. Experience of working closely with customers, brokers, and underwriters is also necessary. Experience of handling claims within London Market claims, Reinsurance claims and/or international claims would be beneficial but not necessary.
Investment In Training and Development:
We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications. We are developing an environment where people can grow and harness their careers and skills to be the best that they can be to focus on the long term.
Our Culture:
Here at Velonetic, we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace no matter who they are or what they do. We are proud of the culture we are creating to ensure that our commitment is ongoing and have a diverse mix of employees working within an inclusive environment and culture to create a high performing workforce led by talented leaders. We aspire to be recognised for our innovative and modern thinking approach.
Employee Benefits:
As part of our competitive remuneration package, flexible benefits are available. There is an option to “flex up and down” on specific benefits, for example buy or sell annual leave, Private Medical Benefit, Dental and Travel Insurance. You will also have access to ‘Perks at Work’, a discount store to purchase gift cards at reduced rates and get discounts on holidays, restaurants, activities, groceries and more.
DXC Recruitment Team will be engaging with all candidate applications on behalf of Velonetic. DXC will be managing the recruitment throughout the onboarding process.
Contact Detail:
DXC Consulting & Engineering Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Casualty Claims Adjuster
✨Tip Number 1
Familiarise yourself with the London Market and Lloyd's systems. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience in casualty claims. Engaging with them can provide insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on current trends and changes in insurance regulations and practices. This knowledge can set you apart during discussions and show your proactive approach.
✨Tip Number 4
Prepare for situational questions that may arise during interviews. Think of examples from your past experiences where you've successfully handled claims or resolved disputes.
We think you need these skills to ace Casualty Claims Adjuster
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Casualty Claims Adjuster. Familiarise yourself with the key skills required, such as strong numeracy and literacy skills, and knowledge of insurance wordings.
Tailor Your CV: Customise your CV to highlight relevant experience in handling liability claims and your understanding of London Market systems. Emphasise any previous roles that demonstrate your organisational and negotiation skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your eagerness to develop your skills. Mention specific experiences that align with the job description, particularly your familiarity with claims handling procedures.
Proofread Your Application: Ensure that your application is free from spelling and grammatical errors. A high level of accuracy and attention to detail is crucial in this role, so make sure your application reflects that.
How to prepare for a job interview at DXC Consulting & Engineering Services
✨Showcase Your London Market Knowledge
Make sure to highlight your understanding of the London Market and Lloyd's systems during the interview. Be prepared to discuss specific experiences where you've applied this knowledge, as it will demonstrate your suitability for the role.
✨Demonstrate Strong Numeracy Skills
As a Casualty Claims Adjuster, strong numeracy skills are essential. Be ready to provide examples of how you've used these skills in previous roles, especially in handling claims or processing documentation accurately.
✨Prepare for Technical Questions
Expect technical questions related to insurance wordings and claims handling procedures. Brush up on your knowledge of liability claims and be prepared to discuss how you would approach various scenarios that may arise in the role.
✨Exhibit Your Organisational Skills
The ability to manage time and organise tasks effectively is crucial. Share examples of how you've successfully managed multiple claims or projects simultaneously, ensuring quality and turnaround times were met.