At a Glance
- Tasks: Manage claims collections and invoicing in the dynamic Lloyd's Insurance market.
- Company: Join a global insurance client with a strong reputation in claims management.
- Benefits: Enjoy a competitive salary, hybrid working, and comprehensive health benefits.
- Other info: Flexible part-time role with opportunities for professional growth.
- Why this job: Be part of a crucial team that ensures accuracy and compliance in claims processing.
- Qualifications: Strong knowledge of Lloyd's processes and advanced Excel skills required.
The predicted salary is between 31500 - 38500 £ 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 a 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 maintainoversight 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
- #J-18808-Ljbffr
Claims Administrator - Insurance - City - Part time - To £18,000 pro rata (£30,000 FTE) employer: Wisemay
Join a dynamic and supportive Financial Management Services firm in the heart of the City of London, where you will thrive in a collaborative work culture that values your contributions. With a hybrid working model, generous annual leave, and opportunities for professional growth, this role as an Administrative Assistant offers a rewarding environment to develop your skills while enjoying a range of employee benefits, including private medical insurance and a cycle to work scheme.
