At a Glance
- Tasks: Manage and process claims efficiently while collaborating with a dynamic team.
- Company: Join Ryan Specialty, a leading internal broker in the insurance industry.
- Benefits: Full-time role with competitive salary and opportunities for professional growth.
- Other info: Fast-paced environment with excellent teamwork and career advancement opportunities.
- Why this job: Make a real impact in the insurance sector while developing your skills.
- Qualifications: 2-5 years of insurance claims experience and strong communication skills.
The predicted salary is between 45000 - 55000 £ per year.
Ryan Specialty Service Capital Management Limited, London, is our internal broker tasked with premium and claims processing for policies issued by Ryan Specialty MGU’s. We are seeking to recruit a senior claims technician responsible for the effective and efficient processing of claims within our Internal Broker function.
Location: London - UK - Fenchurch
What will your job entail?
- Manage and maintain Claims in shared mailbox daily
- Review, reconcile and process new claims notifications, claim updates and invoices as well as monthly bordereau for various Coverholders and TPA’s
- Ensure all claims are attributable to the correct parties and year of account
- Review, reconcile and maintain all reserves and fees accordingly
- Communicate with Coverholders and TPA’s to verify and obtain information where necessary
- Claims management and communications to all non-bureau markets
- Claims management, maintenance and processing to Lloyd’s of London and Company Markets, through CLASS or Brokasure via Velonetic/XIS systems
- Update and manage and maintain the claims tracker daily through checking the IMR
- Communicate with Coverholders and binder participants as necessary
- Dealing with and responding to all queries in a timely manner
- Follow up with Velonetic/Xchanging as necessary
- File, manage and maintain all documentation and data entry necessary
- Work alongside the other Senior Claims Technician and claims team by providing support and assistance to complete the work as expected in a timely manner
- Attending meetings and dealing with general ad hoc tasks as required
- To play an active role and to undertake other reasonable duties if required, to ensure the department operates efficiently
Skills and Attributes:
- Good mathematic and administrative skills & strong spreadsheet skills with excellent levels of accuracy and attention to detail
- Able to communicate effectively with others, both verbally and in writing
- Motivational skills, team player as well as working on own initiative
- Ability to manage time, meet deadlines and prioritise
- General insurance / reinsurance claims experience between 2-5 years, ideally within the London Market and knowledge of the London Market procedures
- Knowledge of Xchanging applications is favorable
Senior Claims Technician employer: R T Specialty, LLC
Ryan Specialty Service Capital Management Limited offers a dynamic and supportive work environment in the heart of London, fostering a culture of collaboration and professional growth. As a Senior Claims Technician, you will benefit from comprehensive training and development opportunities, alongside competitive remuneration and a strong emphasis on work-life balance. Join us to be part of a forward-thinking team that values your contributions and encourages innovation in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Technician
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your claims management knowledge. Familiarise yourself with the latest trends in the London Market and be ready to discuss how your experience aligns with the role. Confidence is key, so practice makes perfect!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the position. It’s also a great opportunity to reiterate why you’re the perfect fit for the Senior Claims Technician role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you stand out. Plus, applying directly shows your interest in being part of our team at Ryan Specialty Service Capital Management Limited.
We think you need these skills to ace Senior Claims Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Claims Technician role. Highlight your relevant experience in claims processing and any specific skills that match the job description, like your knowledge of Xchanging applications or your strong spreadsheet skills.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience in the London Market and how you can contribute to our team at StudySmarter.
Show Off Your Attention to Detail:Since accuracy is key in claims processing, make sure your application is free from typos and errors. Double-check everything before you hit send – we love candidates who pay attention to the little things!
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 from our team.
How to prepare for a job interview at R T Specialty, LLC
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of claims processing, especially within the London Market. Familiarise yourself with the specific systems mentioned in the job description, like CLASS and Brokasure, as well as any relevant legislation or procedures. This will show that you're not just interested in the role but also prepared to hit the ground running.
✨Show Off Your Communication Skills
Since the role involves a lot of communication with Coverholders and TPA’s, practice articulating your thoughts clearly and concisely. Prepare examples of how you've effectively communicated in past roles, especially when dealing with complex claims or resolving queries. This will demonstrate your ability to handle the responsibilities outlined in the job description.
✨Demonstrate Your Attention to Detail
Given the emphasis on accuracy and detail in claims management, be ready to discuss how you ensure precision in your work. Bring examples of how you've maintained high standards in data entry or reconciled complex information. This will reassure the interviewers that you can manage the meticulous nature of the role.
✨Be a Team Player
The job requires collaboration with other team members, so be prepared to talk about your experience working in teams. Share instances where you've supported colleagues or contributed to group projects. Highlighting your motivational skills and ability to work both independently and as part of a team will align perfectly with what they're looking for.
