Delegated Claims Analyst/Manager in London

Delegated Claims Analyst/Manager in London

London Full-Time 43000 - 67000 £ / year (est.) No working from home possible
Taylor James Resourcing

At a Glance

  • Tasks: Manage delegated claims, improve performance, and liaise with external parties.
  • Company: Well-established Lloyd's Underwriters with a strong reputation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Exciting role with potential for career advancement in a thriving industry.
  • Why this job: Join a dynamic team and make a real impact in the insurance sector.
  • Qualifications: Experience in claims management and strong analytical skills.

The predicted salary is between 43000 - 67000 £ per year.

This is a newly created role with a well-established, expanding and highly regarded Lloyd's Underwriters. The main duties will include:

  • 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.
  • Assisting in the (re)approval, administration, monitoring and management of third parties with claim handling authority.
  • Coordinating audits and visits of DCAs and monitoring follow up on remedial action as required.
  • Loss fund management.
  • Liaison with external parties such as brokers, loss adjusters, DXC, TPAs and lawyers.
  • Maintenance of the in-house claims systems and ECF to facilitate workflow processes.
  • Involvement in internal and external audits.
  • Resolving delegated claims processing errors.
  • Review and approval of claims bordereaux and cash calls.
  • Assisting in claims projects.
  • Assisting to identify and implement claims operational support requirements and make sure that claims processes are aligned to internal controls and industry standard.

This role offers a competitive salary, with the company open to negotiation to attract the most suitable candidate.

Delegated Claims Analyst/Manager in London employer: Taylor James Resourcing

As a leading player in the fintech sector, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance, all while being part of a forward-thinking team dedicated to revolutionising payment solutions across our extensive retail network.

Taylor James Resourcing

Contact Details:

Taylor James Resourcing Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Delegated Claims Analyst/Manager in London

Tip Number 1

Network like a pro! Reach out to people in the insurance sector, especially those working with Lloyd's Underwriters. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by researching the company and its claims processes. Show them you know your stuff about delegated claims and how to improve TPA performance. Confidence is key!

Tip Number 3

Don’t just apply anywhere; focus on roles that excite you! Use our website to find positions that match your skills in claims management and KYC. Tailor your approach to each role for better chances.

Tip Number 4

Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you were engaged and interested.

We think you need these skills to ace Delegated Claims Analyst/Manager in London

Client Onboarding
KYC Compliance
Claims Management
Data Gathering and MI
Third Party Administration
Audit Coordination
Loss Fund Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the role of Delegated Claims Analyst/Manager. Highlight your relevant experience in claims management and any financial services background you have. 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 this role. Mention specific experiences that relate to the job description, and don’t forget to show your enthusiasm for joining our team at StudySmarter.

Be Clear and Concise:When writing your application, keep it clear and concise. Avoid jargon and make sure your points are easy to understand. We appreciate straightforward communication, so get to the point while showcasing your qualifications!

Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, it helps us keep track of your application better!

How to prepare for a job interview at Taylor James Resourcing

Know Your Claims Inside Out

Make sure you brush up on your knowledge of delegated claims and the insurance sector. Understand the key processes, terminology, and any recent changes in regulations that might affect the role. This will show your potential employer that you're not just interested in the job, but that you’re genuinely invested in the industry.

Showcase Your Analytical Skills

As a Delegated Claims Analyst/Manager, you'll need to demonstrate strong analytical abilities. Prepare examples from your past experiences where you've successfully gathered data, improved performance metrics, or resolved complex issues. Be ready to discuss how you can apply these skills to enhance the claims process.

Prepare for Scenario-Based Questions

Expect questions that put you in hypothetical situations related to claims management. Think about how you would handle audits, liaise with external parties, or resolve processing errors. Practising these scenarios will help you articulate your thought process clearly during the interview.

Ask Insightful Questions

At the end of the interview, don’t forget to ask questions that reflect your interest in the role and the company. Inquire about their approach to managing third-party claims or how they measure the success of their claims operations. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.