At a Glance
- Tasks: Manage and settle property claims, ensuring quality and timely processing.
- Company: Join a leading International Insurance Company based in Ipswich.
- Benefits: Enjoy competitive pay, potential remote work options, and a supportive team environment.
- Why this job: Be part of a dynamic team making a real impact in the insurance industry.
- Qualifications: No specific experience required; just a passion for problem-solving and attention to detail.
- Other info: Opportunity to work with industry professionals and gain valuable insights into claims management.
The predicted salary is between 36000 - 60000 £ per year.
We are hiring for Claims Handler – Property role with an International Insurance Company based in Ipswich . Job Profile: To oversee the handling and settlement of New India claims to time and quality standards. Principal Functions: • To manage and process property claims exceeding the delegated authority limit of £50,000, ensuring appropriate investigation and settlement in line with company standards. • To oversee and monitor claims handled by third-party administrators, who manage first notification of loss (FNOL) and claims within their delegated authority (up to £50,000), ensuring performance meets agreed time and quality benchmarks. • To monitor the proper recording of all claims. • Appoint and liaise with loss adjusters, investigators, and other professionals; follow up on reports and outcomes. • Ensure recording of claim entries into the system and the resolution of accounts queries. • Prepare and send large claim advices for information to reinsurers and London office • Monitoring the status of outstanding claims and their incurred movements. • Assisting the team with handling & resolution of complaints. • Assist in Claims review on periodic basis. • Assist Claims Manager with any other claim related tasks. • Reviewing Householders and Commercial claims underwritten by our MGAs
Claims Handler - Property employer: Quantum Group
Contact Detail:
Quantum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Handler - Property
✨Tip Number 1
Familiarise yourself with the specific claims processes and regulations in the property insurance sector. Understanding the nuances of property claims, especially those exceeding £50,000, will give you an edge during interviews.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who work in claims handling. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role.
✨Tip Number 3
Prepare to discuss your experience with managing claims and working with third-party administrators. Be ready to share specific examples of how you've ensured quality and timeliness in claims processing.
✨Tip Number 4
Research the company’s values and recent developments in the insurance market. Showing that you understand their business and can align with their goals will demonstrate your genuine interest in the position.
We think you need these skills to ace Claims Handler - Property
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Claims Handler - Property. Familiarise yourself with the key functions mentioned in the job description, such as managing property claims and liaising with loss adjusters.
Tailor Your CV: Customise your CV to highlight relevant experience in claims handling or insurance. Emphasise any previous roles where you managed claims, worked with third-party administrators, or dealt with high-value claims.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and your passion for the insurance industry. Mention specific examples from your past experiences that demonstrate your ability to meet the time and quality standards required for this position.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial in the claims handling process.
How to prepare for a job interview at Quantum Group
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Claims Handler - Property. Familiarise yourself with the claims process, especially regarding property claims exceeding £50,000, and be ready to discuss how you would manage these effectively.
✨Showcase Your Experience
Prepare examples from your past work that demonstrate your ability to handle claims, particularly in terms of investigation and settlement. Highlight any experience with third-party administrators and how you've ensured quality benchmarks were met.
✨Know the Company
Research the International Insurance Company and its values. Be prepared to discuss how your personal values align with theirs and how you can contribute to their goals, especially in managing claims efficiently.
✨Prepare Questions
Have insightful questions ready to ask at the end of the interview. This could include inquiries about the team structure, the tools they use for claims management, or how they measure success in this role. It shows your genuine interest in the position.