Claims Operations Analyst

CFC; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

An insurance provider in the City Of London is seeking a Claims Operations Analyst to support the claims function. The ideal candidate will focus on promoting operational efficiencies and compliance within the claims department. Key responsibilities include understanding claims processes, streamlining operations, and collaborating with various teams. This role demands strong organizational and communication skills, as well as the ability to manage multiple tasks in a dynamic environment.

Qualifications

• Exceptional written and oral communication skills.
• Ability to juggle multiple tasks and meet deadlines.
• Experience working in a high-paced environment.

Responsibilities

• Understand CFC’s end-to-end claims process and operations.
• Stay updated with regulatory requirements related to claims.
• Streamline claims team processes for better performance.
• Create and maintain documentation for processes and procedures.
• Collaborate with IT to improve claims system functionality.

Skills

Strong organizational skills

Critical thinking

Excellent communication skills

Problem-solving skills

Time management

Job description

Description

As a Claims Operations Analyst, you will play a vital role in supporting the overall claims function, focusing on our UK and EU claims handling entities. You will work closely with the Claims Operations Manager and collaborate with various departments within CFC. Your contributions will be invaluable in maximizing efficiencies, ensuring compliance, and supporting strategic projects.

About the role

You will be key to promoting and driving operational efficiencies across the claims department. Your responsibilities will include but are not limited to:

• Develop a deep understanding of CFC’s end-to-end claims process and the operations of different entities.
• Stay up-to-date with regulatory requirements and developments related to claims handling, and communicate necessary steps to the Claims leadership team.
• Assess and streamline claims team processes and procedures to enhance performance, accuracy, governance, and monitoring.
• Create and maintain documents such as processes, procedures, and guidelines, and monitor adherence.
• Produce and update claims process mapping and flows.
• Collaborate with the Management Information team to improve claims reporting and dashboards.
• Work with the Product Governance Specialist to understand claims metrics and provide data and analysis to demonstrate customer outcomes monitoring.
• Review claims system functionality and work with IT to drive efficiencies and implement system changes.
• Investigate and respond to claims audit recommendations.
• Handle ad-hoc Claims Operations tasks and projects as required.

About you

The suitable candidate will possess these qualities:

• Strong organizational skills, excellent time management, and the ability to juggle multiple tasks and meet deadlines.
• Critical thinker with strong problem-solving skills.
• Exceptional written and oral communication skills, with attention to detail and the ability to communicate professionally with various stakeholders, including senior management.
• Ability to work both autonomously and as part of a team in a high-paced environment.

Core Values

Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and make the difference to our colleagues, customers, brokers and carriers.

Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to make things better.

Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.