At a Glance
- Tasks: Manage claims collections and invoicing in the Lloyds Insurance market.
- Company: Join a global insurance client with a focus on claims management.
- Benefits: Enjoy a competitive pension, health cover, and a subsidised restaurant.
- Other info: Part-time role with excellent career development opportunities.
- Why this job: Be part of a dynamic team and enhance your skills in a hybrid work environment.
- Qualifications: Strong knowledge of Lloyd's processes and advanced Excel skills required.
The predicted salary is between 29250 - 35750 £ per year.
Wise May is recruiting for a Claims Administrator with strong knowledge of the Lloyds Insurance market to join a claims management provider who are part of ab global Insurance client to manage and process invoicing and claim collections from the London insurance market.
This is a permanent, part time role working 3 days per week (hybrid working pattern with core office days on Tuesday and Wednesday).
Claims Administrator duties and responsibilities: Claims collections and fee Invoicing, including controls reconciliations - Overseeing the monthly cycle from the database, monitoring work in progress, invoicing totals, VAT, disbursements and maintain oversight of fee reconciliations and payment of claims.
Collections Governance and Oversight - Coordinate the submission and tracking of claims collections and entries, maintain ownership of collection bordereaux, endorsements and compliance loss runs ensuring accuracy and monitor underwriter responses and bureau signings.
Payment Monitoring Account Liaison - Track incoming payments for fees and collections, act as the primary liaison with accounts for payment identification, reconciliation and correlation, provide clear payment breakdowns and supporting documentation.
Reporting Month-End Assurance - Produce and distribute monthly loss runs and collection summaries to underwriters and confirm month end position by validating that collections, outstanding balances.
Claims Administrator key skills and experience required: Strong working knowledge of Lloyd's to include ECF, VCA and ILU bureau processes.
Advanced Excel skills, including reconciliation and data validation.
High attention to detail and strong organisational skills.
Good working knowledge of standard windows applications (e. g.
Outlook, Word etc) Benefits Pension with enhanced employer contributions Critical Illness Cover Death in Service Scheme Dental Cover Permanent Health Insurance Scheme Private Medical Insurance Scheme Subsidised Restaurant
Claims Administrator in Suffolk employer: Wise May Ltd
Join a leading Global Reinsurance client as a Performance Management Specialist, where you will thrive in a dynamic and inclusive work environment that champions employee growth and well-being. With flexible hybrid working options, generous leave policies, and comprehensive benefits including private insurance and retirement savings plans, this role offers a unique opportunity to make a meaningful impact on employee relations across international regions. Embrace the chance to develop your expertise while contributing to a forward-thinking ER framework that prioritises fairness and compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Administrator in Suffolk
✨Hit Up Local Insurance Events
Get yourself to local insurance meetups or networking events! These are goldmines for part-time positions, plus you get to connect with industry professionals who might just know about openings at places like Wise May Ltd. Don’t forget to chat up everyone – you never know who might have the inside track!
✨Join Insurance Communities
Dive into insurance forums or online communities. Places like LinkedIn groups or even specialty sites related to insurance are perfect for finding part-time gigs. Ask questions, share your goals, and let folks know you’re on the lookout – community members often share job leads that aren’t advertised widely.
✨Consider Remote Opportunities
Part-time roles can sometimes be remote, which opens up even more doors. Check out remote job boards specifically for insurance roles or on company websites like Wise May Ltd. You’d be surprised at how flexible some insurers are with part-time work!
✨Polish Your Cover Letter and Apply Directly
When you find a gig that’s a good fit, don’t just submit a standard application – tailor your cover letter to highlight your relevant skills and enthusiasm for the insurance industry. And hey, be sure to apply through our website! We love seeing strong candidates taking that extra step.
We think you need these skills to ace Claims Administrator in Suffolk
Some tips for your application 🫡
Highlight Your Insurance Knowledge:When applying for a part-time role in insurance, make sure to showcase any relevant knowledge or experience you have. This could include coursework, internships, or even personal projects related to risk assessment. The more you can emphasise your understanding of insurance products and principles, the better!
Tailor Your CV to Stand Out:Your CV should reflect not only your work history but also any certifications or courses you’ve completed in the insurance field. If you have any industry-specific qualifications such as CII (Chartered Insurance Institute), be sure to include them. Customise your CV for the role at Wise May Ltd by focusing on skills like communication and analytical thinking.
Express Your Availability and Flexibility:As you’re applying for a part-time position, it’s important to be clear about when you can work. Mention your availability in your cover letter to ensure Wise May Ltd knows you’re ready to jump in and assist their team. Flexibility can be a big plus in this industry!
Show Your Willingness to Learn:In your application, don’t hesitate to express your eagerness to grow within the insurance field. Highlight any ways you've actively sought to learn more about the industry, whether through courses, workshops, or reading up on the latest trends. This shows your commitment and can make your application pop!
How to prepare for a job interview at Wise May Ltd
✨Understand the Technical Basics
Make sure you're up to speed with the basic concepts of insurance, like risk assessment, policy types, and claims processing. We can’t stress enough how important it is to demonstrate that you grasp these fundamentals, as they often come up in interviews for roles like Claims Administrator at Wise May Ltd.
✨Showcase Your Customer Service Skills
In the insurance industry, interaction with clients is key. Be prepared to share examples of how you’ve handled customer queries or complaints, especially in a part-time capacity. We want to see that you can build rapport and deliver clear explanations—this can make or break your chances at Wise May Ltd.
✨Prepare for Scenario-Based Questions
You might face questions that put you in specific situations, e.g., 'How would you handle a dissatisfied customer?' Practice thinking through these scenarios so you can showcase your problem-solving skills and customer service knowledge fluidly when asked during the interview.
✨Flexibility and Availability is Key
As a part-time candidate, it's crucial to be clear about your availability during the interview. We should highlight that we're eager to fit into the team’s schedule while adapting to peak times or unusual circumstances in the insurance sector—show that you're committed to working alongside them effectively.
