Delegated Claims Analyst

Harrison Holgate; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A City-based insurance company is seeking a Delegated Authority Claims Analyst to manage claims across multiple lines of business. The role involves onboarding TPAs, managing existing relationships, and analyzing claims data for insights.

Responsibilities

• Supporting the onboarding of new TPAs through due diligence processes.
• Assisting with the negotiation of services and contracts for TPAs.
• Supporting the management of existing TPAs and claims audits.

Job description

Our client, a City-based insurance company, has a new opening for a Delegated Authority Claims Analyst. The successful applicant will provide assistance in the management of claims across multiple lines of business, including Property, Casualty, and Financial Lines, across various jurisdictions (predominantly in the UK and Europe). You will also assist in the onboarding and oversight of claims third-party administrators (TPAs).

Duties and Responsibilities

1. Supporting the onboarding of new TPAs through due diligence processes.
2. Assisting with the negotiation of services, contracts, and service level agreements for TPAs to be appointed.
3. Supporting the management of existing TPAs, including claims referrals, bordereaux management, Loss Fund management, and claims audits.
4. Assisting in the analysis of claims data to identify trends, areas of risk, and opportunities for cost savings.
5. Supporting administrative tasks for the claims department.