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- Tasks: Take charge of critical projects to clear marine and non-marine claim transactions.
- Company: Join Lockton, a leading insurance firm with a dynamic team.
- Benefits: Competitive salary, supportive environment, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience with claims processing and strong analytical skills required.
- Other info: Collaborative culture with excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ 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 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 London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who know about IBA claims. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Brokasure Desktop and general claim practices. We want you to feel confident discussing your experience and how it relates to the role.
✨Tip Number 3
Showcase your analytical skills! Be ready to share examples of how you've tackled complex data sets or resolved challenging claims in the past. This will help you stand out as a candidate.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. 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 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: Since this role requires an analytical mindset, don’t forget to include examples of how you've used data analysis in previous roles. We love seeing candidates who can think critically and solve problems!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to complex topics like claims processing.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
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.
