At a Glance
- Tasks: Manage and process claims efficiently while collaborating with a dynamic team.
- Company: Join Ryan Specialty, a leader in the insurance market with a focus on diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Work in a vibrant London office with excellent career advancement opportunities.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: 2-5 years of claims experience and strong communication skills required.
The predicted salary is between 40000 - 50000 £ 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.
Responsibilities:
- Manage and maintain claims in shared mailbox daily
- Review, reconcile and process new claim notifications, claim updates and invoices as well as monthly bordereau for various Coverholders and TPAs
- 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 TPAs 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
- Deal with and respond 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
- Attend meetings and deal with general ad-hoc tasks as required
- Play an active role and undertake other reasonable duties if required to ensure the department operates efficiently
Skills and Attributes:
- Good mathematical and administrative skills & strong spreadsheet skills with excellent levels of accuracy and attention to detail
- Ability 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 in London employer: Ryan Specialty Corporate Services Limited
Ryan Specialty Service Capital Management Limited is an exceptional employer located in the heart of London, offering a dynamic work environment that fosters collaboration and professional growth. With a strong commitment to diversity and inclusion, employees are valued for their unique contributions, while the company provides ample opportunities for career advancement within the thriving London Market. Join us to be part of a supportive team that prioritises excellence and innovation in claims processing.
Contact Details:
Ryan Specialty Corporate Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Technician in London
✨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!
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your achievements in claims processing and management. Use real examples to demonstrate your attention to detail and problem-solving abilities. This will set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Senior Claims Technician role!
We think you need these skills to ace Senior Claims Technician in London
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 management and any specific knowledge of the London Market. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention your experience with claims processing and your ability to communicate effectively, as these are key for us.
Show Off Your Attention to Detail:In this role, accuracy is crucial. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure everything is spot on!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Ryan Specialty Corporate Services Limited
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of claims processing, especially within the London Market. Familiarise yourself with common procedures and terminology, as well as the specific systems mentioned in the job description like CLASS or Brokasure. This will show that you're not just interested in the role but also understand the nuances of the industry.
✨Demonstrate Your Attention to Detail
Given the emphasis on accuracy and attention to detail in the job description, prepare examples from your past experience where you've successfully managed complex data or reconciled discrepancies. Highlighting your mathematical and administrative skills will help you stand out as a candidate who can handle the responsibilities of the role.
✨Show Off Your Communication Skills
Since the role involves communicating with Coverholders and TPAs, be ready to discuss how you've effectively communicated in previous roles. Prepare to share specific instances where your communication made a difference, whether it was resolving a query or ensuring all parties were informed about claim statuses.
✨Be a Team Player
The job requires collaboration with other Senior Claims Technicians and the claims team. Think of examples that showcase your ability to work well in a team, support colleagues, and contribute to a positive working environment. This will demonstrate that you’re not only capable of working independently but also thrive in a collaborative setting.
