At a Glance
- Tasks: Join our team to manage delegated claims and improve performance with third parties.
- Company: Be part of a respected Lloyd's Underwriters, known for growth and excellence.
- Benefits: Competitive salary tailored to you, plus opportunities for professional development.
- Why this job: Make an impact in a dynamic environment while collaborating with industry experts.
- Qualifications: Experience in claims management or related fields is preferred.
- Other info: This is a newly created role, offering a chance to shape the future of claims operations.
The predicted salary is between 40000 - 72000 £ per year.
Delegated Claims Analyst/Manager c£50,000-90,000 negotiable
This is a newly created role with a well-established, expanding and highly regarded Lloyd\’s Underwriters. As such the salary range is indicative with the company emphasising they are keen to tailor the final offer salary to attract the most appropriate candidate.
Main Duties:
- Work alongside the Claims Operations Manager to complete due diligence/contracts for proposed DCA\’s and monitoring sign off progression.
- Assist the Claims Operations Manager with managing the day-to-day management of delegated claims, gathering data and MI, and assist with reviewing and improving TPA overall performance.
- Assist in the (re)approval, administration, monitoring and management of third parties with claim handling authority.
- Coordinate audits and visits of DCAs and monitor follow up on remedial action as required.
- Manage loss funds.
- Liaise with external parties such as brokers, loss adjusters, DXC, TPAs and lawyers.
- Maintain the in-house claims systems and ECF to facilitate workflow processes.
- Involve in internal and external audits.
- Resolve delegated claims processing errors.
- Review and approve claims bordereaux and cash calls.
- Assist in claims projects.
- Identify and implement claims operational support requirements and ensure that claims processes are aligned to internal controls and industry standards.
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Delegated Claims Analyst/Manager employer: Taylor James Resourcing Limited
Contact Detail:
Taylor James Resourcing Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Claims Analyst/Manager
✨Tip Number 1
Familiarize yourself with the specific claims processes and regulations within the Lloyd's market. Understanding the nuances of delegated claims authority will give you a significant edge during discussions with the Claims Operations Manager.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience with delegated claims. Engaging with them can provide insights into best practices and may even lead to referrals that could strengthen your application.
✨Tip Number 3
Stay updated on the latest trends and technologies in claims management. Being knowledgeable about tools that enhance efficiency in claims processing can demonstrate your proactive approach and commitment to improving TPA performance.
✨Tip Number 4
Prepare to discuss your experience with audits and compliance in claims management. Highlighting your ability to coordinate audits and implement remedial actions will show that you are well-equipped for the responsibilities of this role.
We think you need these skills to ace Delegated Claims Analyst/Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Delegated Claims Analyst/Manager position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have in claims management, working with third parties, or handling audits. Use specific examples that demonstrate your ability to manage delegated claims and improve performance.
Showcase Your Skills: Make sure to highlight skills that are particularly relevant to the role, such as data analysis, communication with external parties, and knowledge of claims systems. Mention any software or tools you are proficient in that relate to claims processing.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Tailor it to reflect how your background aligns with the company's goals and values.
How to prepare for a job interview at Taylor James Resourcing Limited
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Delegated Claims Analyst/Manager. Familiarize yourself with terms like due diligence, TPA performance, and claims bordereaux, as these will likely come up during the interview.
✨Showcase Your Analytical Skills
Since the role involves gathering data and improving performance, be prepared to discuss your analytical skills. Share examples of how you've used data to make decisions or improve processes in previous roles.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to resolve claims processing errors or manage relationships with external parties, and be ready to discuss them.
✨Demonstrate Your Communication Skills
As this role requires liaising with various stakeholders, it's crucial to demonstrate strong communication skills. Practice articulating your thoughts clearly and concisely, and be ready to explain complex concepts in an understandable way.