Senior Claims Technician in London

Senior Claims Technician in London

London Full-Time 36000 - 60000 £ / year (est.) No working from home possible
R

At a Glance

  • Tasks: Manage the entire insurance claims process from submission to resolution.
  • Company: Join Ryan Specialty, a top international specialty insurance firm.
  • Benefits: Enjoy a diverse workplace with opportunities for growth and development.
  • Other info: We celebrate diversity and are committed to an inclusive work environment.
  • Why this job: Be part of a team that values efficiency and customer experience in claims handling.
  • Qualifications: Experience in processing claims within the London market is essential.

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

## Senior Claims TechnicianApplylocations: London - UK - Fenchurchtime type: Full timeposted on: Posted Yesterdayjob requisition id: JR **Position Summary:**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?****Responsibilities which will evolve over time include:*** 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
#J-18808-Ljbffr

Senior Claims Technician in London employer: R T Specialty, LLC

Ryan Specialty is an exceptional employer located in the heart of London, offering a dynamic work environment that fosters collaboration and innovation. With a strong commitment to employee growth, we provide comprehensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Our inclusive culture values diverse perspectives, making it a rewarding place for those seeking meaningful employment in the specialty insurance sector.

R

Contact Details:

R T Specialty, LLC Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Claims Technician in London

Tip Number 1

Familiarise yourself with the London insurance market and its specific regulations. Understanding the nuances of claims processing in this region will give you an edge during interviews and discussions.

Tip Number 2

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

Tip Number 3

Prepare to discuss your experience with complex claims and how you've resolved challenging issues in the past. Be ready to provide specific examples that demonstrate your problem-solving skills and compliance knowledge.

Tip Number 4

Showcase your ability to improve processes by thinking of ways to streamline claims workflows. Be prepared to share any past experiences where you've successfully implemented changes that enhanced efficiency.

We think you need these skills to ace Senior Claims Technician in London

Claims Processing
Insurance Regulations Knowledge
Attention to Detail
Negotiation Skills
Problem-Solving Skills
Risk Assessment
Customer Service Skills

Some tips for your application 🫡

Understand the Role:Before applying, make sure you fully understand the responsibilities of a Senior Claims Technician. Familiarise yourself with the claims process and the specific requirements mentioned in the job description.

Tailor Your CV:Customise your CV to highlight relevant experience in claims processing, particularly within the London market. Emphasise any roles where you handled complex claims or worked with compliance and regulatory standards.

Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the claims process and your ability to resolve complex issues. Mention specific examples from your past experience that demonstrate your skills and how they align with the job requirements.

Highlight Soft Skills:In your application, don't forget to mention soft skills such as communication, negotiation, and problem-solving. These are crucial for interacting with policyholders and resolving claims issues effectively.

How to prepare for a job interview at R T Specialty, LLC

Understand the Claims Process

Make sure you have a solid grasp of the end-to-end claims process. Be prepared to discuss how you would handle various stages, from initial submission to final resolution, and highlight any relevant experience you have in processing complex insurance claims.

Showcase Your Problem-Solving Skills

Since the role involves resolving escalated or complex claims issues, be ready to share examples of how you've successfully navigated challenging situations in the past. This could include negotiating settlements or implementing solutions for difficult cases.

Highlight Compliance Knowledge

Familiarise yourself with insurance regulations and company policies relevant to claims processing. During the interview, demonstrate your understanding of compliance requirements and how you ensure adherence in your work.

Emphasise Team Collaboration

The position requires collaboration with various internal teams. Be prepared to discuss your experience working with underwriting, legal, and finance teams, and how you effectively gather information and resolve complex claims issues through teamwork.