At a Glance
- Tasks: Manage third-party claims and negotiate settlements in a dynamic environment.
- Company: Join a fast-growing MGA specialising in niche motor insurance.
- Benefits: Competitive salary, growth opportunities, and a supportive team culture.
- Other info: Great opportunity for personal development and career advancement.
- Why this job: Be part of a key role in a thriving business and make a real impact.
- Qualifications: Experience in handling third-party motor claims and credit hire knowledge.
The predicted salary is between 30000 - 30000 £ per year.
Marble Arch is a fast-growing, established MGA specialising in niche motor insurance for the UK motor market.
Lexham Insurance was formed in October 2000 as a specialist moped, scooter and motorcycle insurance broker in the UK.
Since its creation, Lexham has continued to grow and has become a leading independent insurance provider.
Expansion has seen Lexham grow its portfolio of products, now offering in excess of 20 different insurance products including exclusive schemes for moped, scooter, motorcycle and motorhome insurance as well as bespoke products in both the motor trade and commercial market.
As part of a group, Lexham partners with Lancaster Gate Assistance Ltd who provide credit hire and FNOL services, CAM Legal Services Ltd a firm of personal injury claim lawyers and LXM Management Ltd who provide financing options.
ROLE PURPOSE
We’re looking for an experienced Third-Party Claims Adjuster to join our liability claims team, based in Diss, South Norfolk.
You’ll have credit hire experience with technical knowledge and experience in handling claims up to £50,000.
You’ll be comfortable handling your own portfolio and be an effective communicator.
We’re a fast-growing business and see this role as a key part of our operation.
Most important is your attitude and work ethic – we’re looking for people who can contribute something and have a desire to grow and develop with us.
- KEY ACCOUNTABILITIES
- To manage third party claims focusing on indemnity, liability and quantum.
- Review claims regularly using diary system to ensure accurate reserves and timely closure.
- Respond to all written and phone enquiries clearly, courteously, and promptly.
- Clearly explain decisions on liability, negotiating settlement within authority level where appropriate
- Evaluate quantum by gathering relevant evidence, adjusting reserves in accordance with company reserving processes.
- Set clear expectations and next steps to the client.
- Liaising with internal and external partners at all levels.
- Develop relationships with clients by providing a friendly, efficient service.
EXPERIENCE & REQUIREMENTS
- The role will require the successful candidate to be competent handling all aspects of third-party motor claims, up to a value of £50,000.
- Credit hire experience is essential.
- The ability to handle and negotiate detailed liability scenarios, managing your own portfolio of litigated claims.
- Knowledge of motor is essential
Third Party Claims Handler employer: Lexham Insurance Group
Join our dynamic finance team where your contributions as an Accounts Assistant will be valued and recognised. We foster a collaborative work culture that encourages personal growth and development, offering opportunities to enhance your skills in a supportive environment. Located in a vibrant area, we provide a unique chance to build meaningful relationships while working on impactful projects that shape the future of our finance operations.
StudySmarter Expert Advice🤫
We think this is how you could land Third Party Claims Handler
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lexham Insurance Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lexham Insurance Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Third Party Claims Handler
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lexham Insurance Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lexham Insurance Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lexham Insurance Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lexham Insurance Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lexham Insurance Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lexham Insurance Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
