Claims Broker

Claims Broker

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Go Premium
Next Employment

At a Glance

  • Tasks: Handle claims from start to finish, ensuring quick turnaround and effective communication.
  • Company: Join a high-performing North American Special Risks team known for its supportive culture.
  • Benefits: Competitive salary, career growth opportunities, and a fun work environment.
  • Why this job: Be part of a tight-knit team where your contributions make a real difference.
  • Qualifications: 18 months+ claims broking experience and strong communication skills required.
  • Other info: Opportunity to build relationships with underwriters and enhance your industry knowledge.

The predicted salary is between 36000 - 60000 £ per year.

Ambitious market facing Claims Broking role within high performing North American Special Risks team. You will be handling claims matters from First Notice of Loss to Settlement, supporting your Line Manager, the brokers and working directly with Underwriters and Coverholders to support and fulfil their Claims needs. This role is due to promotion within the team and offers an excellent opportunity to take on more of a market facing, relationship based position. Tight knit and well regarded team, work hard and play hard.

Responsibilities

  • Claims Handling: Entering information onto Global XB and CLASS to ensure quick turnaround time of claims for both the client and Underwriters.
  • Ensuring Underwriters' responses are conveyed to the correct party in a timely manner along with responding to any queries raised.
  • Maintaining a claims diary and keeping this up to date.
  • Providing Loss runs when requested.
  • Monitoring the processing of our Claims bdx to ensure deadlines are met.
  • Monitoring Loss funds ensuring DCAs have sufficient funds on existing and new contracts whilst returning Loss funds to Underwriters when available.
  • Develop and maintain effective relations with remote team and providing them with guidance as required.
  • Building working relationships with our Underwriters, DCAs, Attorneys, Experts.
  • Working with Account Handlers and Brokers on their claims requirements.
  • Claims Data and analytics. Maintaining accurate and detailed records.

You will need

  • 18 months + Claims Broking Experience within US property/special risks.
  • Working knowledge of the Lloyd's and company markets.
  • Working knowledge of the role of a DCA.
  • Experience in Binding Authorities.
  • Working knowledge of ECF.
  • Knowledge of the Xchanging process for Signing Claims.
  • Microsoft Office Skills.
  • Good spoken and written communication skills.
  • Accuracy and attention to detail.
  • Confident and efficient in dealing with large datasets.
  • Team working ability.
  • Ability to manage workload and meet deadlines.
  • Understanding of regulatory requirements in the territories concerned.
  • Working towards a Certificate in Insurance or higher.

Claims Broker employer: Next Employment

Join a dynamic and high-performing North American Special Risks team as a Claims Broker, where your contributions will be valued in a tight-knit environment that balances hard work with a vibrant social culture. With opportunities for professional growth and development, you will engage directly with Underwriters and Coverholders, enhancing your market-facing skills while enjoying the benefits of a supportive team atmosphere. This role not only offers a chance to advance your career but also to build meaningful relationships within the industry, making it an excellent choice for ambitious professionals seeking rewarding employment.
Next Employment

Contact Detail:

Next Employment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Claims Broker

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work in claims broking. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of the Lloyd's and company markets. Be ready to discuss your experience with claims handling and how you can contribute to a high-performing team like ours.

✨Tip Number 3

Showcase your skills! Bring examples of how you've successfully managed claims or built relationships with underwriters in previous roles. This will help us see how you can fit into our tight-knit team.

✨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 joining our ambitious team.

We think you need these skills to ace Claims Broker

Claims Handling
Global XB
CLASS
Claims Data and Analytics
Lloyd's Market Knowledge
Binding Authorities
ECF Knowledge
Xchanging Process
Microsoft Office Skills
Communication Skills
Attention to Detail
Team Working Ability
Workload Management
Regulatory Requirements Understanding
Certificate in Insurance or higher

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Claims Broker role. Highlight your relevant experience in claims handling and any specific knowledge of the Lloyd's and company markets. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your experience with large datasets and your ability to build relationships.

Showcase Your Attention to Detail: In the world of claims broking, accuracy is key. Make sure your application is free from typos and errors. We appreciate candidates who can demonstrate their attention to detail right from the start!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!

How to prepare for a job interview at Next Employment

✨Know Your Claims Inside Out

Make sure you brush up on your claims handling knowledge, especially regarding the First Notice of Loss to Settlement process. Familiarise yourself with the specific tools mentioned in the job description, like Global XB and CLASS, as well as the Lloyd's and company markets.

✨Showcase Your Relationship Skills

This role is all about building relationships, so be prepared to discuss how you've successfully collaborated with Underwriters, DCAs, and other stakeholders in the past. Share specific examples that highlight your ability to maintain effective communication and support your team.

✨Demonstrate Your Attention to Detail

Accuracy is key in claims broking, so be ready to talk about how you ensure precision in your work. You might want to mention any systems or processes you use to keep track of claims data and deadlines, as well as how you handle large datasets.

✨Prepare for Technical Questions

Expect some technical questions related to ECF and the Xchanging process for signing claims. Brush up on these topics and be ready to explain your understanding and experience with them, as this will show your depth of knowledge in the field.

Claims Broker
Next Employment
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>