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- Tasks: Manage claims efficiently and provide top-notch service to clients in a dynamic team.
- Company: City-based Lloyds Broker with a focus on growth and inclusivity.
- Benefits: Competitive salary, remote work flexibility, and extensive training opportunities.
- Why this job: Join a growing organisation and enhance your skills in the insurance industry.
- Qualifications: Experience in claims roles and knowledge of insurance systems preferred.
- Other info: Work from home with occasional visits to London for collaboration.
The predicted salary is between 30000 - 40000 £ per year.
Our client who is a City based Lloyds Broker is looking for an experienced Claims Technician to join their expanding Delegated Claims Team. Work from home model with 2-3 visits to London per month. The purpose of the role is to provide an efficient, high quality, reliable claims service to the Customers in respect of binding authority claims bordereaux.
Main Duties:
- Preparation of & familiarisation with bordereaux collection and other files for effective presentation to Underwriters.
- Create entries and update financial records on relevant system(s).
- Producing claims statistics and liaising with other teams to produce earned to incurred statistics.
- Complete requisitions and liaise with accounts dept for the same.
- Deal with claims payments under direct supervision of a senior colleague / manager.
- Develop and sustain relationships with Clients, TPA's, Insurers and colleagues.
- Ensure the company systems and procedures are followed at all times.
Essential Skills Required:
- Previous experience of working in a claims role.
- Good knowledge and understanding of Delegated Authority contracts preferable.
- Good knowledge of Microsoft Office products.
- Good knowledge of London Market information technology systems CLASS, ECF, IMR.
- Willingness to continue to develop knowledge of insurance and related issues through formal and informal learning.
What you need to know:
- Permanent role.
- Based at home with 2-3 visits per month to London.
- Salary between £30,000 - £40,000.
- A great opportunity to join a growing organisation with lots of training and development opportunities.
- A very inclusive and fair opportunities employer.
Binding Authority Claims Technician in London employer: MW Appointments
Contact Detail:
MW Appointments Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Binding Authority Claims Technician in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with Lloyds Brokers. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Delegated Authority contracts and the London Market. We want you to impress with your expertise, so do some research and come armed with questions!
✨Tip Number 3
Showcase your tech skills! Familiarise yourself with CLASS, ECF, and IMR systems. If you can demonstrate your proficiency during interviews, it’ll set you apart from the competition.
✨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 are proactive about their job search.
We think you need these skills to ace Binding Authority Claims Technician in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Binding Authority Claims Technician. Highlight your previous claims experience and any relevant skills, especially those related to delegated authority contracts and London Market systems.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention your familiarity with bordereaux and your ability to develop relationships with clients and colleagues.
Showcase Your Tech Skills: Since the job requires good knowledge of Microsoft Office and specific London Market IT systems, make sure to mention your proficiency in these areas. If you have any certifications or training, don’t forget to include them!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on board with our growing team!
How to prepare for a job interview at MW Appointments
✨Know Your Claims Inside Out
Before the interview, brush up on your knowledge of binding authority claims and the specific processes involved. Familiarise yourself with the types of bordereaux and how they are presented to underwriters. This will show that you’re not just experienced but also genuinely interested in the role.
✨Showcase Your Tech Savvy
Make sure you highlight your proficiency with relevant systems like CLASS, ECF, and IMR during the interview. Prepare examples of how you've used these tools in previous roles to streamline processes or improve accuracy. This will demonstrate your ability to hit the ground running.
✨Build Rapport with Examples
Since relationship-building is key in this role, come prepared with anecdotes that showcase your ability to develop and sustain relationships with clients, TPAs, and insurers. Use specific examples to illustrate how you’ve successfully navigated challenges in past roles.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to claims management and their expectations for the role. This not only shows your interest but also gives you a chance to assess if the company culture aligns with your values and career goals.