At a Glance
- Tasks: Manage claims operations and ensure compliance while driving best practices.
- Company: Join HDI, a global insurer with over 120 years of experience.
- Benefits: Full-time hybrid role with opportunities for professional growth.
- Other info: Inclusive workplace committed to diversity and employee development.
- Why this job: Make an impact in the insurance industry while developing valuable skills.
- Qualifications: Experience in insurance claims or operations, strong analytical skills required.
The predicted salary is between 30000 - 40000 £ per year.
About us
HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide. This position is a 12 month fixed term contract.
The role
We deliver Claims operational services as well as Premium processing for outsourced MGA’s on behalf of the HDI Group Global Network, UK and Ireland Branch. Working within Client Services to supply a proactive and flexible service whilst driving best practice and ensuring compliance with all company procedures. This includes meeting agreed service and data quality standards, both internal and external.
Key accountabilities
- Management of monthly MI (claims and premium) and distribution of monthly MI reports and liaising with other business units and external providers to resolve queries as necessary.
- Validate, approve and accurately enter monthly claims bordereau into company systems to enable precise reporting on the nature and financial impact of the claims portfolio.
- Manage the receipt, registration, acknowledgment and allocation of claims notifications, via the Bordereau process and the Claim Portal Systems.
- Process claims payments, reserve adjustments, and other financial movements in accordance with internal standards and authorisation levels using multiple internal and external systems.
- Captive and funded recovery management. Identify and apply protocols to report and recover for all accounts requiring HDI funding.
- Liaising with Finance to complete Reconciliation of claim payments and reserves on multinational inter-company accounts.
- Cashflow management of large payments and outsourced loss funds.
- Creating and updating operational process manuals and other procedure documentation.
- Assist with the documentation, maintenance and monitoring of compliance and governance initiatives.
- Support the Claims Performance and Technical Claims teams to review SLA compliance and internal and external audit requirements.
- Actively participate in projects or other initiatives designed to improve the effectiveness and efficiency of the claims operations team.
- Undertake any other tasks as requested by the Claims Operations Manager in order that the team achieves its objectives.
- Support new business acquisition initiatives.
- Produce regular and ad hoc operations and KPI reports, extracting data from internal systems.
Skills & experience
- Insurance experience in relevant claims or operational role.
- Accuracy and attention to details.
- Good analytical and problem solving skills including the ability to review and investigate large data sets.
- Good user of Microsoft Office products including excel to an intermediate standard.
- Good understanding of MS Teams and importance of engaged “Teams” presence.
- Good communication, (written and oral), and interpersonal skills; comfortable with phone, MS Teams & face to face discussions with team members, underwriters & other technical colleagues.
- Able to organise own workload effectively to meet service standards.
- Deadline focused; able to work under pressure to meet tight deadlines.
- Good systems knowledge, experience of using systems to evaluate data.
- Good understanding of insurance and the terminologies used.
- Understand financial impact of technical data processed.
Other
As an equal opportunities employer, we are committed to creating an inclusive environment for all employees, recognising that a diverse and inclusive workplace is a creative and prosperous one.
Claims Operations Technician - 12 month FTC employer: HDI
At HDI, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. Our London office provides a supportive environment where employees can thrive, with opportunities for professional growth and development within the global network of the Talanx Group. We are committed to inclusivity and diversity, ensuring that every team member feels valued and empowered to contribute to our success.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Operations Technician - 12 month FTC
✨Tap into Local Agencies
For temporary roles like the one at HDI, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so HDI knows you can adapt quickly to their needs!
We think you need these skills to ace Claims Operations Technician - 12 month FTC
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch HDI's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at HDI
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at HDI. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.