At a Glance
- Tasks: Administer claims for UK and Continental Europe, ensuring accuracy and compliance with treaty specifications.
- Company: Join RGA, a Fortune 200 company focused on life and health solutions.
- Benefits: Gain valuable experience, work in a supportive environment, and enjoy endless career potential.
- Other info: Collaborative culture with opportunities for process improvement and automation.
- Why this job: Make a real impact by helping provide financial protection to those in need.
- Qualifications: Experience in claims administration, strong IT skills, and effective interpersonal abilities.
The predicted salary is between 31500 - 38500 £ per year.
You desire impactful work. RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
A Brief Overview
To ensure UK and Continental Europe (CE) Treaty and Facultative claims notifications and settlements are administered appropriately and accurately in line with treaty specifications. Your responsibilities will cover the UK and CE markets. Additionally, your expertise may be leveraged in other RGA entities or affiliates outside UK and CE as resources permit.
What you will do
- Ensure that claims administration of all business adheres to RGA treaties.
- For your specific client responsibility, provide claims administration data for input to accounting records, valuation systems and regulatory returns.
- Ensure claims administration data is provided to retrocession clients, including International Retro Pool, in a timely and accurate manner.
- Ensure claims administration processes and procedures are fully documented.
- Ensure monthly, quarterly and annual claims reporting is carried out in a timely and accurate manner.
- Ensure data is provided for claims audits and any ad hoc claims data requests as and when required.
- Maintain accurate and up-to-date claim records, ensuring RGA accounts and datasets are complete, accurate and reliable.
- Support process improvement and automation initiatives by working collaboratively with colleagues across Admin Operations and stakeholder functions to enhance claims administration processes.
Required skills and experience
- Experience of working in a similar role.
- Strong IT skills with a good understanding of MS Excel.
- Effective interpersonal skills with the ability to interact with employees at all levels and across different departments.
- Ability to focus on priorities, targets and deadlines.
- Ability to plan and manage own time, working on several tasks at once and delivering them to agreed schedules.
- Proactive team player who can also work on own initiative.
- Understanding the concept of Reinsurance and the risk factors affecting RGA.
What you can expect from RGA:
- Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
We’re excited to get to know you and connect your unique skills with our global opportunities.
Claims Administrator EMEA in London employer: RGA
RGA is an exceptional employer that prioritises impactful work and a remarkable employee experience. With a strong focus on innovation and collaboration, our multinational team thrives in a respectful and welcoming environment that fosters individuality and encourages career growth. Join us in our mission to make financial protection accessible to all while enjoying the benefits of working with diverse, caring colleagues and leveraging cutting-edge technology in a dynamic setting.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Administrator EMEA 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 RGA). 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 RGA. 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 Claims Administrator EMEA in London
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 RGA.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at RGA. 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 RGA
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at RGA 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 RGA, 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 RGA'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.
