Senior Development Underwriter
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Senior Development Underwriter

Bristol Full-Time 43200 - 72000 £ / year (est.) No home office possible
Apply now
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At a Glance

  • Tasks: Manage Delegated Authority claims and maintain client relationships.
  • Company: Join a dynamic team in the heart of London’s insurance market.
  • Benefits: Gain hands-on experience with industry professionals and enhance your skills.
  • Why this job: Perfect for those looking to grow in the insurance field while making impactful connections.
  • Qualifications: Experience in Delegated Authority Claims and proficiency in MS Office required.
  • Other info: Opportunity to learn and develop within a supportive environment.

The predicted salary is between 43200 - 72000 £ per year.

Job title: Delegated Authority Claims Technician

Location: London

Summary

As a Delegated Authority Claims Technician, you will play a crucial role in providing exceptional service to Agents and Coverholders in managing Delegated Authority claims bordereaux. You will be responsible for various tasks such as preparing and updating bordereaux files, financial records, claims statistics, and maintaining relationships with clients, TPA’s, and insurers.

Main Duties

  1. Preparation and familiarization with bordereaux collection and other files for effective presentation to Underwriters.
  2. Creation and update of financial records on relevant system(s).
  3. Production of claims statistics and liaising with other teams for earned to incurred statistics.
  4. Completion of requisitions and collaboration with accounts department.
  5. Handling of claims payments under direct supervision of a senior colleague / manager.
  6. Establishment and maintenance of relationships with Clients, TPA’s, Insurers, and colleagues.
  7. Adherence to company systems and procedures at all times.
  8. Ensuring the electronic filing system is up to date.
  9. Assisting the team with ad hoc duties or covering for colleagues as required.
  10. Meeting and adhering to agreed service levels and SLA’s.

Requirements

The role holder is required to:

  1. Be familiar and compliant with all company policies and procedures.
  2. Adhere to the regulatory requirements set forth by the Financial Conduct Authority, notably including the Consumer Duty.

Education

  1. Previous experience of working in a Delegated Authority Claims role.
  2. Good knowledge of MS Word, Excel, Access, and Outlook.
  3. Basic knowledge of London Market information technology systems.
  4. Willingness to continue the development of insurance knowledge through formal and informal learning.

Knowledge

  1. Ability to complete tasks with the highest standard of accuracy.
  2. Effective verbal and written communication skills.
  3. Prioritization and time management skills.
  4. Ability to work supportively and jointly with colleagues.
  5. Ability to work under pressure and to deadlines.
  6. Ability to work unsupervised.

If you have the relevant experience or know someone that does, please contact me now on 07441929708 or email us at

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Senior Development Underwriter employer: Lawes Insurance Recruitment

At our London office, we pride ourselves on being an exceptional employer that values collaboration and professional growth. As a Senior Development Underwriter, you will benefit from a supportive work culture that encourages continuous learning and development, alongside competitive compensation and benefits. Join us to be part of a dynamic team where your contributions are recognized and rewarded, making a meaningful impact in the insurance industry.
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Contact Detail:

Lawes Insurance Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Development Underwriter

✨Tip Number 1

Familiarize yourself with the specific requirements of the Delegated Authority Claims Technician role. Understanding the nuances of bordereaux management and claims processing will help you stand out during interviews.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work with Delegated Authority claims. Building relationships can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Stay updated on regulatory requirements set by the Financial Conduct Authority. Demonstrating your knowledge of compliance and the Consumer Duty can give you an edge over other candidates.

✨Tip Number 4

Prepare for potential scenario-based questions in interviews. Think about how you would handle specific challenges related to claims processing and client relationships, as this will showcase your problem-solving skills.

We think you need these skills to ace Senior Development Underwriter

Claims Management
Bordereaux Preparation
Financial Record Keeping
Claims Statistics Analysis
Client Relationship Management
Communication Skills
Time Management
Attention to Detail
MS Word Proficiency
MS Excel Proficiency
MS Access Knowledge
MS Outlook Proficiency
London Market IT Systems Knowledge
Regulatory Compliance
Team Collaboration

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Delegated Authority Claims Technician position. Make sure you understand the key responsibilities and requirements, as this will help you tailor your application.

Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in a Delegated Authority Claims role. Be specific about your familiarity with bordereaux collection, financial records, and claims statistics, as these are crucial for the position.

Showcase Your Skills: Make sure to highlight your effective verbal and written communication skills, as well as your ability to work under pressure and meet deadlines. Provide examples of how you've successfully managed similar tasks in the past.

Tailor Your Application: Customize your cover letter to reflect your understanding of the company's policies and procedures, as well as your commitment to adhering to regulatory requirements. This shows that you are not only qualified but also aligned with the company's values.

How to prepare for a job interview at Lawes Insurance Recruitment

✨Know Your Bordereaux

Make sure you are familiar with the concept of bordereaux and how they are used in Delegated Authority claims. Be prepared to discuss your experience in preparing and updating these files, as well as any specific challenges you've faced.

✨Highlight Your Technical Skills

Since the role requires good knowledge of MS Word, Excel, Access, and Outlook, be ready to showcase your proficiency in these tools. You might want to mention specific examples of how you've used them to manage financial records or produce claims statistics.

✨Demonstrate Relationship Management

This position involves maintaining relationships with clients, TPA’s, and insurers. Prepare examples of how you've successfully built and maintained professional relationships in your previous roles, emphasizing your communication skills.

✨Show Your Compliance Knowledge

Familiarize yourself with the regulatory requirements set by the Financial Conduct Authority, especially the Consumer Duty. Be ready to discuss how you ensure compliance in your work and how you stay updated on relevant policies and procedures.

Senior Development Underwriter
Lawes Insurance Recruitment
Apply now
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