Claims Handler

Claims Handler

Wolverhampton Full-Time 28800 - 43200 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage client claims, provide advice, and negotiate settlements.
  • Company: NFP is a top-rated workplace focused on innovative risk solutions.
  • Benefits: Enjoy a supportive culture with opportunities for growth and development.
  • Why this job: Join a dynamic team making a real impact in the insurance industry.
  • Qualifications: 2 years of experience in commercial insurance claims preferred.
  • Other info: Remote work options available; apply now to be part of our success!

The predicted salary is between 28800 - 43200 Β£ per year.

Who We Are: NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organisation of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach.

The main responsibility of a Claims Handler at NFP is to provide administration, progression and advocacy on our clients' claims. This will include providing advice to clients on policy coverage, supporting the overall claims process, issuing and administering claims notifications, negotiating settlement and managing claims from end to end with insurers and appointed representatives. You will be required to provide technical claims advice and claims experience reporting support to the Servicing/Sales Account Executives and other key stakeholders.

Essential Duties and Responsibilities:

  • Deal with incoming enquiries from clients, insurers and other third parties in a professional and timely manner.
  • Manage clients' claims including advice on cover and indemnity.
  • Manage the First Notification of Loss process fast and efficiently to mitigate losses and reduce potential leakage.
  • Actively monitor progress on outstanding claims and provide timely and accurate feedback to clients and Account Executives.
  • Liaise with Insurers, Loss Adjusters and other third parties.
  • Provide technical and administrative support to the Broker Account Executive Teams to support client relationships and the inception and renewal process.
  • Undertake other duties as assigned which are commensurate with the role.
  • Deal with claims on behalf of carriers on a delegated authority basis where agreements are in place.
  • Support leadership team on the implementation of best practice, process review and continuous improvement projects.

Skills and Competencies:

  • High level of interpersonal skills – ability to build successful, mutually beneficial business relationships at all levels.
  • Communication skills – able to communicate with internal and external stakeholders at all levels face to face, over the telephone and in writing.
  • Strong negotiation skills.
  • Planning, organisational and time management skills.
  • Tenacity for problem solving.
  • Computer literate and thorough understanding of Company software.
  • Good IT skills in particular Microsoft Word/Excel/Outlook/SharePoint.
  • Report writing and basic data analysis skills desirable.

Compliance Responsibilities:

  • Comply with the Financial Services and Markets Act 2000 and the relevant FCA rules at all times.
  • Comply with the relevant compliance, Treating Customers Fairly, Training & Competence and financial crime (anti-money laundering, data security, anti-bribery, fraud and corruption) procedures of the firm at all times.
  • Keep up to date with all relevant product, legislative and technical changes, as required.
  • Follow appropriate ethical standards within the firm at all times.

Requirements:

  • Experience of handling Property, Casualty and Motor claims.
  • Experience of working in a Commercial Insurance setting.
  • Knowledge of FCA regulatory requirements.
  • Excellent attention to detail and ability to prioritise workload.

Education and/or Experience:

  • Minimum of 2 years’ experience in managing commercial general insurance claims.
  • Professional insurance qualifications desirable.
  • β€œA” Level standard in education an advantage.

Certificates, Licenses, Registration: None

If this sounds like something in which you are interested, please apply or contact Lucy Reed for further information.

NFP and You... Better Together!

Claims Handler employer: NFP Corp

NFP, an Aon company, is renowned for its people-first approach and has been recognised as one of the Best Places to Work in Business Insurance. As a Claims Handler, you will thrive in a supportive work culture that prioritises employee growth and development, offering opportunities to enhance your skills while managing client claims in a dynamic environment. With a commitment to continuous improvement and best practices, NFP provides a unique advantage for those seeking meaningful and rewarding employment in the insurance sector.
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Contact Detail:

NFP Corp Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Claims Handler

✨Tip Number 1

Familiarise yourself with the specific types of claims you'll be handling, such as Property, Casualty, and Motor claims. Understanding the nuances of these areas will help you demonstrate your expertise during interviews.

✨Tip Number 2

Brush up on your negotiation skills, as this role requires you to negotiate settlements effectively. Consider role-playing scenarios with a friend or mentor to build your confidence in this area.

✨Tip Number 3

Network with professionals in the insurance industry, especially those who work in claims handling. Attend industry events or join relevant online forums to make connections that could lead to valuable insights or referrals.

✨Tip Number 4

Stay updated on FCA regulatory requirements and any recent changes in legislation related to insurance. This knowledge will not only prepare you for potential interview questions but also show your commitment to compliance and best practices.

We think you need these skills to ace Claims Handler

Interpersonal Skills
Communication Skills
Negotiation Skills
Planning and Organisational Skills
Time Management Skills
Problem-Solving Skills
Computer Literacy
Microsoft Word Proficiency
Microsoft Excel Proficiency
Microsoft Outlook Proficiency
SharePoint Knowledge
Report Writing Skills
Basic Data Analysis Skills
Attention to Detail
Knowledge of FCA Regulatory Requirements
Experience in Handling Property, Casualty and Motor Claims
Experience in Commercial Insurance Setting

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Claims Handler at NFP. Familiarise yourself with the key duties such as managing claims, providing technical advice, and liaising with various stakeholders.

Tailor Your CV: Highlight your relevant experience in handling Property, Casualty, and Motor claims. Emphasise any previous roles in commercial insurance settings and ensure your CV reflects the skills mentioned in the job description, such as negotiation and communication skills.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples from your past experience that demonstrate your problem-solving abilities and interpersonal skills, which are crucial for this position.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is essential for a Claims Handler.

How to prepare for a job interview at NFP Corp

✨Know Your Claims Inside Out

Make sure you have a solid understanding of the claims process, especially in Property, Casualty, and Motor claims. Be prepared to discuss your previous experiences and how you've successfully managed claims from start to finish.

✨Showcase Your Communication Skills

As a Claims Handler, you'll need to communicate effectively with clients, insurers, and other stakeholders. Practice articulating your thoughts clearly and confidently, both verbally and in writing, to demonstrate your interpersonal skills.

✨Demonstrate Problem-Solving Abilities

Prepare examples of how you've tackled challenges in past roles. Highlight your tenacity for problem-solving and how you've negotiated settlements or resolved issues efficiently to mitigate losses.

✨Familiarise Yourself with Compliance Standards

Understand the Financial Services and Markets Act 2000 and FCA regulations. Be ready to discuss how you ensure compliance in your work and keep up to date with relevant legislative changes.

Claims Handler
NFP Corp
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  • Claims Handler

    Wolverhampton
    Full-Time
    28800 - 43200 Β£ / year (est.)

    Application deadline: 2027-07-09

  • N

    NFP Corp

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