At a Glance
- Tasks: Manage and process claims efficiently while collaborating with a dynamic team.
- Company: Join Ryan Specialty, a leading internal broker in London.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse workplace committed to valuing all employees' contributions.
- Why this job: Make a real impact in the insurance industry with your skills.
- Qualifications: 2-5 years of general insurance experience and strong communication skills.
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 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
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. A friendly chat can lead to opportunities that aren’t even advertised yet. Don’t be shy; we all love a good natter!
✨Tip Number 2
Prepare for those interviews! Research Ryan Specialty and understand their claims processing. We want you to show off your knowledge about the London Market and how you can contribute to the team. Practice common interview questions and have your own ready too!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows you’re keen and professional. Plus, it keeps you on their radar, which is always a good thing!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find all the latest job openings there. Let’s get you that Senior Claims Technician role!
We think you need these skills to ace Senior Claims Technician
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your claims management experience and any relevant knowledge of the London Market to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Claims Technician role. Share specific examples of your past achievements that align with our needs.
Show Off Your Attention to Detail:Since accuracy is key in this role, make sure your application is free from typos and errors. A well-organised and polished application will demonstrate your attention to detail right from the start.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
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 the specific procedures and systems mentioned in the job description, like CLASS and Brokasure. This will show that you're not just a good fit but also genuinely interested in the role.
✨Show Off Your Communication Skills
Since the role involves communicating with Coverholders and TPAs, practice articulating your thoughts clearly and concisely. Prepare examples of how you've effectively communicated in past roles, especially when resolving queries or managing relationships. This will demonstrate your ability to handle the responsibilities of the position.
✨Demonstrate Your Attention to Detail
Given the emphasis on accuracy and detail in the job description, be ready to discuss how you ensure precision in your work. Bring examples of how you've managed data entry or reconciled claims in previous positions. This will highlight your suitability for the role and reassure them of your capabilities.
✨Be a Team Player
The role requires collaboration with other team members, so be prepared to discuss your experience working in teams. Share instances where you've supported colleagues or contributed to group projects. This will help convey that you're not only capable of working independently but also thrive in a team environment.
