Delegated Authority Claims Technician

Lawes Insurance Recruitment; City Of London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance recruitment firm is seeking a Delegated Authority Claims Technician in London. This role involves managing claims bordereaux and maintaining client relationships while ensuring compliance with regulatory requirements. Candidates must have experience in the Delegated Authority Claims sector and excellent organizational skills. The position offers a dynamic working environment with opportunities for further insurance knowledge development.

Qualifications

• Experience in a Delegated Authority Claims role required.
• Familiarity with company policies and regulatory requirements is necessary.
• Willingness to develop insurance knowledge through learning.

Responsibilities

• Prepare and update bordereaux for Underwriters.
• Create and maintain financial records on relevant systems.
• Produce claims statistics and collaborate with teams.

Skills

Attention to detail

Effective verbal communication

Effective written communication

Time management

Ability to work under pressure

Education

Experience in Delegated Authority Claims

Knowledge of MS Word, Excel, Access, Outlook

Tools

London Market information technology systems

Job description

Overview

Job title: Delegated Authority Claims Technician

Location: London

Summary

As a Delegated Authority Claims Technician, you will play a crucial role in providing exceptional service to Agents and Coverholders in managing Delegated Authority claims bordereaux. You will be responsible for various tasks such as preparing and updating bordereaux files, financial records, claims statistics, and maintaining relationships with clients, TPA’s, and insurers.

Responsibilities

• Preparation and familiarization with bordereaux collection and other files for effective presentation to Underwriters.
• Creation and update of financial records on relevant system(s).
• Production of claims statistics and liaising with other teams for earned to incurred statistics.
• Completion of requisitions and collaboration with accounts department.
• Handling of claims payments under direct supervision of a senior colleague / manager.
• Establishment and maintenance of relationships with Clients, TPA’s, Insurers, and colleagues.
• Adherence to company systems and procedures at all times.
• Ensuring the electronic filing system is up to date.
• Assisting the team with ad hoc duties or covering for colleagues as required.
• Meeting and adhering to agreed service levels and SLA’s.

Requirements

• Be familiar and compliant with all company policies and procedures.
• Adhere to the regulatory requirements set forth by the Financial Conduct Authority, notably including the Consumer Duty.

Education

• Previous experience of working in a Delegated Authority Claims role.
• Good knowledge of MS Word, Excel, Access, and Outlook.
• Basic knowledge of London Market information technology systems.
• Willingness to continue the development of insurance knowledge through formal and informal learning.

Knowledge

• Ability to complete tasks with the highest standard of accuracy.
• Effective verbal and written communication skills.
• Prioritization and time management skills.
• Ability to work supportively and jointly with colleagues.
• Ability to work under pressure and to deadlines.
• Ability to work unsupervised.

If you have the relevant experience or know someone that does please contact me now on 07441929708 or email us at [e-mail]