At a Glance
- Tasks: Manage motor reinsurance claims and collaborate with diverse clients in a dynamic environment.
- Company: Join a leading company committed to equal opportunity and diversity.
- Benefits: Flexible work-life balance, 25 days leave, gym discounts, and professional development opportunities.
- Other info: Enjoy a permanent role with exciting projects and excellent career growth.
- Why this job: Gain unique experience with varied assignments while working remotely and making an impact.
- Qualifications: Experience in motor claims handling; reinsurance experience is a plus.
The predicted salary is between 27000 - 27000 £ per year.
HIRING ASAP – Looking for people who can start within 1 month
Title
Motor Reinsurance Claims Handler
Salary
Up to £27,000 per annum
Availability
Immediate availability/2 weeks max notice
Location
Remote (UK based only)
Term
Permanent – Full Time (35 hours pw)
We are seeking an experienced, confident Motor Resinsurance Claims Handler to join our team in a full-time, remote capacity.
This role offers a unique opportunity to work within a specialist team, where you will be ‘loaned’ out to both internal and external clients to offer your claims expertise.
This opportunity allows successful candidates to enhance their skillset, network with a diverse range of clients, develop knowledge of a variety of systems, and still be supported by your team.
Each assignment typically lasts between 3–12 months, meaning that no two days will ever be the same!
Successful candidates will be employed on a secondment model, meaning you will be assigned to various teams based on business needs.
While the assignments are temporary in nature, this is a permanent role, and after one secondment concludes, you will transition to another project within the organisation.
This role is fully remote; however, when working with our clients, you may be required to travel to their offices for training (including overnight stays, paid for by the company).
You may also be required to attend our offices for meetings and events.
Key Responsibilities
- Manage motor reinsurance claims through the London Market using ECF, CMS and ODM systems, ensuring accurate claim transaction processing and policy validation.
- Handle claims with values up to £5 million within delegated authority limits
- Review policy coverage and verified reinsurance contract details to ensure valid claim presentation and recovery.
- Complete write-back activities and maintained comprehensive claims documentation, correspondence and audit records within the Claims Management System (CMS).
- Establish and maintain accurate case reserves, regularly reviewing and adjusting estimates in line with claim developments and exposure changes.
- Process cash calls and claim payments in accordance with London Market practices, contractual obligations and internal procedures.
- Perform manual (non-Bureau) claim set-up and administration, including claims registration, policy validation and ongoing file maintenance.
- Respond to broker and market queries via the Electronic Claims File (ECF) platform, consistently meeting the London Market service standard of responding within 48 hours.
- Liaise with brokers, reinsurers, solicitors, and other stakeholders to obtain outstanding documentation, progress claim investigations and facilitate timely settlements.
- Monitor and manage historic and outstanding claims, ensuring timely follow-up of recovery opportunities and claim developments.
- Maintain the daily LIRMA tracker, providing accurate information on outstanding workloads and contributing to management information (MI) reporting.
- Ensure compliance with company procedures, delegated authorities, regulatory requirements, and London Market standards throughout the claims lifecycle.
- Key Skills & Knowledge
- Motor Claims Handling, ideally some experience in re-insurance, but strong motor handlers will also be considered
- London Market Claims Processes
- Electronic Claims File (ECF)
- Claims Management System (CMS)
- Original Document Management (ODM)
- Claims Reserving & Exposure Assessment
- Cash Calls & Claims Payments
- Policy Verification & Coverage Analysis
- Stakeholder Management
- Broker & Reinsurer Liaison
- Recovery Management
- Regulatory & Procedural Compliance
- Your Benefits
- Flexible work/life balance
- Group income protection
- 25 days annual leave + bank holidays
- Buy more holiday
- Pension – above stat minimum
- Referral rewards
- Reward and recognition scheme
- Development Benefits such as: Access to 1000’s of E-learning modules, internal training and development courses, access to industry-funded qualifications
- Health & Wellbeing Benefits: gym discounts, cycle to work scheme, eyecare vouchers
- Digital GP App
- Life assurance
We welcome applicants from all backgrounds – whether you're a seasoned professional or returning to the workforce. If you meet most of the criteria, we encourage you to apply.
Applicants who are successful at interview will be, as part of pre-employment screening, subject to: ID document verification, credit check, address verification, employment verification, employment gap verification, UK DBS, UK financial regulator search, anti-money laundering search, directorship search and global watch list check.
Sedgwick is committed to Equal Opportunity and Diversity.
We aim to ensure that no job applicant or employee receives less favourable treatment on the ground of race, colour, nationality, religion, ethnic or national origins, age, gender, marital status, sexual orientation or disability.
Claims Handler in Luton employer: Sedgwick
Sedgwick is an excellent employer, offering a dynamic work culture that prioritises employee well-being and professional growth. With flexible working options and a competitive benefits package, including private healthcare and a personal pension scheme, employees are empowered to thrive both personally and professionally while managing impactful occupational disease claims across Northern Ireland and the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Handler in Luton
✨Dive Into Industry Networking Events
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We think you need these skills to ace Claims Handler in Luton
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 Sedgwick.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Sedgwick. 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 Sedgwick
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Sedgwick to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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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!
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As a full-timer at Sedgwick, 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 Sedgwick'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.