Reinsurance Claims Adjuster in London

Reinsurance Claims Adjuster in London

London Full-Time 63000 - 77000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Investigate and process reinsurance claims while ensuring excellent customer service.
  • Company: Join QBE, a global insurer with a human touch and a collaborative culture.
  • Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and a generous pension plan.
  • Other info: Flexible working options and opportunities for remote work abroad available.
  • Why this job: Make a real impact in the insurance industry while working with passionate and talented colleagues.
  • Qualifications: Experience in claims, preferably in Reinsurance, Marine & Aviation, with strong investigative skills.

The predicted salary is between 63000 - 77000 £ per year.

The role involves examining, evaluating, and processing claims accurately and promptly in line with contractual obligations.

We’re looking for an experienced Reinsurance Claims Adjuster to join QBE. This is a great opportunity to take ownership of a varied claims portfolio, investigate complex coverage matters and work with key stakeholders across the business, with particular relevance to Marine & Aviation reinsurance.

At QBE, we get to the heart of what matters for our customers. We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner.

Please note - Applicants must have the right to work in the UK as visa sponsorship is not available for this role.

Your new role:

  • Investigate and resolve Claims promptly and effectively, to provide excellent Claims handling service with minimal leakage.
  • Reserve promptly and accurately to ensure that QBE’s liability is clear at all times.
  • Ensure that base premiums have been received and, where appropriate, reinstatement premiums have been calculated correctly, before making Claim payments.
  • Ensure accurate and timely update of the company’s systems as and when required.
  • Ensure that Claims settlements and advices are responded to within agreed timeframes to maintain excellent customer service.
  • Identify and investigate any coverage issues.
  • Maintain efficient handling of your own caseload to ensure the prompt, timely and effective handling of Claims.
  • Provide an excellent service to internal and external customers.
  • Produce regular statistical and analytical reinsurance information to key stakeholders to enable effective monitoring of their portfolios.

About you:

  • Strong background in claims experience preferably within Reinsurance, preferably experience within Marine & Aviation.
  • Excellent investigative skills.
  • Effective communication skills.
  • Able to competently use MS office applications such as Word, Excel and PowerPoint.
  • Working knowledge of London Market and ECF/Writeback preferred.

Benefits:

  • 30 days holiday a year with the option to buy up to 2 additional days.
  • Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.
  • Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
  • Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
  • Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
  • Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
  • Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes.
  • Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.

Skills: Analytical Thinking, Critical Thinking, Customer Service, Data Analysis, Insurance Claims Processing, Intentional collaboration, Managing performance, Negotiation, Problem Solving, Regulatory Compliance, Reinsurance, Report Writing, Risk Management, Sound Judgment, Workload Management.

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Reinsurance Claims Adjuster in London employer: QBE Insurance Group

At QBE, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. Our London-based IT Business Analyst role provides not only competitive benefits such as flexible working arrangements and generous holiday allowances but also ample opportunities for professional growth within a supportive team environment. Join us to make a meaningful impact in the insurance industry while enjoying a strong commitment to sustainability and employee well-being.

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Contact Details:

QBE Insurance Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Reinsurance Claims Adjuster in London

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like QBE Insurance Group). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like QBE Insurance Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Reinsurance Claims Adjuster in London

Communication Skills
Problem-Solving Skills
Adaptability
Attention to Detail
Time Management
Teamwork
Flexibility

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at QBE Insurance Group.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE Insurance Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at QBE Insurance Group

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at QBE Insurance Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at QBE Insurance Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding QBE Insurance Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.