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For Companies At a Glance
- Tasks: Take charge of critical projects to clear claims and manage ledger transactions.
- Company: Join Lockton, a leading insurance firm with a vibrant team culture.
- Benefits: Enjoy competitive pay, career growth, and a supportive work environment.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience with claims processing and strong analytical skills are a plus.
- Other info: Work independently with full support and engage with diverse stakeholders.
The predicted salary is between 28800 - 43200 £ per year.
Lockton has a great opportunity for an experienced IBA Claims Technician to join our ever-growing team in the city.
Role Responsibilities
- Primary ownership of a time critical project to clear open (marine & non-marine) claim transactions on the ledger.
- Ability to understand & interrogate ledger transactions contained within Brokasure Desktop (BD).
- Perform data entry within BD to update the ledger as & where required.
- Undertake credit control actions; liaising closely with both IBA, placing, claims & legal teams.
- Utilise market experience to identify actions necessary to progress each ledger item through to resolution.
- Routinely analyse the data set; undertake and communicate a strategy aimed at removing transactions and which performs to project deadlines.
- Interact with internal systems to create claim files, perform document searches, and adhere to pre-defined actions / workflow processes.
- Engage with internal & external stakeholders to resolve queries / challenges arising.
- Capture actions taken to record progress. Report to Head of Transportation Claims & Transportation Operations Lead on a weekly basis.
- Preparation of monthly statistical reporting for presentation / consideration by the Executive Committee members.
- Ability to work independently, notwithstanding full support provided.
Candidate Profile
- Familiarity with insurance market general claim practices.
- Familiarity of working with ledgers / allocation of funds / IBA teams.
- Claim processing / data entry via Brokasure Desktop, IMR & ECF.
- Experience of previous IBA / technical processing roles would be advantageous.
- Demonstrate an analytical mindset in identifying and pursuing necessary actions.
- Strong communicator.
IBA Claims Technician ( 12 MFTC ) in City of London employer: Lockton
Contact Detail:
Lockton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Claims Technician ( 12 MFTC ) in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and the role. Understand Lockton's values and how they align with your skills, especially around claims processing and ledger management. This will help you stand out as a candidate who truly gets it.
✨Tip Number 3
Practice your communication skills! As a Claims Technician, you'll need to liaise with various teams. Mock interviews with friends or mentors can help you articulate your experience and approach to problem-solving effectively.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace IBA Claims Technician ( 12 MFTC ) in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IBA Claims Technician role. Highlight your experience with ledger transactions and any familiarity with Brokasure Desktop. We want to see how your skills match what we're looking for!
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical mindset. Give examples of how you've identified and resolved issues in previous roles. This will help us see how you can contribute to our team!
Be Clear and Concise: When writing your cover letter, keep it clear and concise. We appreciate straightforward communication, so get to the point while still showing your enthusiasm for the role. Let us know why you're excited about joining Lockton!
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Lockton
✨Know Your Ledger Inside Out
Make sure you’re familiar with how ledger transactions work, especially within Brokasure Desktop. Brush up on your understanding of marine and non-marine claims, as this will show that you can hit the ground running.
✨Show Off Your Analytical Skills
Prepare to discuss how you've previously analysed data sets and developed strategies to resolve issues. Think of specific examples where your analytical mindset made a difference in your past roles.
✨Communicate Like a Pro
Since strong communication is key for this role, practice articulating your thoughts clearly. Be ready to explain how you’ve engaged with stakeholders to resolve queries or challenges in the past.
✨Prepare for Technical Questions
Expect questions about IBA processes and claim practices. Review your technical knowledge and be prepared to discuss your experience with credit control actions and data entry, particularly in relation to Brokasure Desktop.
