Claims Technician

Claims Technician

Full-Time 30000 - 40000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Process claims accurately and support the Claims Adjusters in a dynamic environment.
  • Company: Join a global market leader in financial trading and broking.
  • Benefits: Competitive salary, bonus, pension, and opportunities for professional growth.
  • Why this job: Kickstart your career in insurance with hands-on experience and impactful projects.
  • Qualifications: Degree in Accounting and some insurance exposure preferred.
  • Other info: Exciting role with excellent career progression in London.

The predicted salary is between 30000 - 40000 £ per year.

We are looking for a graduate with a Degree in Accounting. Our client is a Global Financial Markets Trading Company, a small exchange-based Trading and Broking firm.

A candidate with one or two years of insurance exposure and an understanding of the claims process, combined with strong communication and interpersonal skills, could find this an excellent opportunity to join a company considered by many to be a global market leader.

Salary: £30,000 - 40,000 per annum

Location: London

Duties:

  • Using a variety of mainframe and database systems, complete accurate claims processing for owned and third-party clients.
  • Ensure monthly claims bordereaux are complete and accurate, update in-house system(s) as required.
  • Provide administrative support to the Claims Adjusters.
  • Liaise with brokers and reinsurers on claims queries and static claims.
  • Complete ledger reconciliation and clearance in accordance with client credit control and sanctions guidelines.
  • Track claims payments and float amounts and work closely with Finance on bank reconciliations.
  • Maintain claims documents repository.
  • Be familiar with operational systems, procedures and workflows used by the business, ensuring they are appropriate for business use and assisting with development/enhancements as appropriate.
  • Assist the Legacy Claims and Reinsurance Technical Support Manager for specific business initiatives, gathering data and involving other business areas as required.
  • Assist with internal and external audits, ensuring that all resulting recommendations or remediation are documented and implemented in a timely manner.
  • Provide support to the Reinsurance Team.
  • Assist with new business initiatives, acquisitions and integration of new portfolios.

Claims Technician employer: Taylor James Resourcing

Join a dynamic and innovative team at our London-based Global Financial Markets Trading Company, where we prioritise employee growth and development. With a strong focus on collaboration and communication, we offer competitive salaries, bonuses, and a comprehensive pension plan, making it an excellent place for those looking to advance their careers in the insurance sector. Our supportive work culture encourages continuous learning and provides unique opportunities to engage with industry leaders, ensuring that every employee feels valued and empowered.
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Contact Detail:

Taylor James Resourcing Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Claims Technician

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers, showcasing your skills and experiences relevant to the Claims Technician role.

✨Tip Number 3

Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of resources to help you land that Claims Technician gig, plus it’s the best way to stay updated on new opportunities tailored just for you.

We think you need these skills to ace Claims Technician

Degree in Accounting
Claims Processing
Insurance Exposure
Communication Skills
Interpersonal Skills
Mainframe and Database Systems
Administrative Support
Ledger Reconciliation
Client Credit Control
Sanctions Guidelines
Data Gathering
Audit Support
Operational Systems Familiarity
Business Initiative Support

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Claims Technician role. Highlight any relevant experience you have in insurance and claims processing, as well as your degree in Accounting. 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 passionate about this role and how your background makes you a great fit. Don’t forget to mention your strong communication skills – they’re key for this position!

Showcase Your Attention to Detail: Since accuracy is crucial in claims processing, make sure to demonstrate your attention to detail in your application. Whether it's through your CV format or examples of past work, we want to see that you can handle the nitty-gritty!

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 don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Taylor James Resourcing

✨Know Your Numbers

As a Claims Technician, you'll be dealing with a lot of figures and data. Brush up on your accounting principles and be ready to discuss how you've applied them in previous roles or during your studies. This will show that you understand the financial aspects of the job.

✨Understand the Claims Process

Make sure you have a solid grasp of the claims process and any relevant insurance terminology. Be prepared to explain how you would handle specific claims scenarios. This knowledge will demonstrate your readiness for the role and your ability to contribute from day one.

✨Show Off Your Communication Skills

Since the role involves liaising with brokers and reinsurers, strong communication skills are a must. Think of examples where you've successfully communicated complex information or resolved conflicts. This will highlight your interpersonal skills and ability to work collaboratively.

✨Be Ready for Technical Questions

Familiarise yourself with the mainframe and database systems mentioned in the job description. If you have experience with specific software or tools, be ready to discuss how you've used them effectively. This will show that you're not just a good fit on paper but also technically capable.

Claims Technician
Taylor James Resourcing
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