Senior Claims Analyst

AXIS Capital; London; Hybrid; GBP 35,000 - 65,000; Full time

Job summary

Join a forward-thinking company as a Senior Claims Analyst, where your analytical skills will help shape the future of insurance and reinsurance. In this dynamic role, you will provide critical support to the Claims function by delivering insightful reports and analyses that drive operational efficiency. Collaborating with cross-functional teams, you will navigate complex data sets to uncover actionable insights, all while contributing to a culture that values diversity and inclusion. If you're eager to take ownership of your work and make a meaningful impact, this is the perfect opportunity for you to thrive in a supportive environment that fosters professional growth.

Benefits

Medical Plans

Health and Wellness Programs

Retirement Plans

Tuition Reimbursement

Paid Annual Leave

Qualifications

• Degree in a numerical or analytical discipline is required.
• Advanced Excel skills including pivot tables and vlookups are essential.

Responsibilities

• Provide timely and accurate reporting and analytical support to the Claims function.
• Analyze data to identify trends and undertake deep dive analysis into claims.

Skills

Advanced Excel

Analytical Skills

Communication Skills

Problem Solving

Critical Thinking

Numerical Skills

Organizational Skills

Conflict Resolution

Education

Degree in Numerical or Analytical Discipline

Tools

Power BI

Excel

Word

PowerPoint

Lloyd’s CRS

Dynamics

RiskWrite

Swordfish

Job description

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Job Description: Senior Claims Analyst

How does this role contribute to our collective success?

AXIS is seeking a Senior Claims Analyst, International Claims to join our Claims Shared Services team. The primary responsibility of this role is to provide timely, accurate and relevant reporting, analytical and operational support services to the Claims function. This role will mainly involve working closely with the Claims Management Information and Operations function, the Offshore and Claims Adjusting teams as well as several other areas of the business, including North America.

What will you do in this role?

1. Work with various database extracts to deliver information using Excel, PowerPoint, Word, and Power BI.
2. Support the production of MI and Regulatory Returns on a weekly, monthly, quarterly and adhoc basis.
3. Own the preparation of governance papers e.g. Insurance International Claims Committee, Risk Committee, and various Portfolio Packs by providing data, analysis, deep dive investigations and delivering a meaningful message to stakeholders.
4. Display information in a clear, concise format to include tables, graphs, charts, and reports, consistent with the AXIS brand and Data Policy.
5. Review existing Reporting & Process notes as needed, and write up detailed notes with clear instructions that are easy to follow.
6. Facilitate and support the offshoring of Reports and conducting regular reviews of Reports that have been offshored.
7. Analyse data, identify trends, undertake root cause and deep dive analysis into individual claims and groups of claims by developing detailed understanding of and utilising internal and Market databases (Lloyd’s CRS, Lloyd’s Insights Hub, COAD, ECF2, IMR, IRIS, RiskWrite, Dynamics & DOCOsoft) as well as subject matter expert knowledge.
8. Work cross-functionally to gather both data and non-data inputs, to derive actionable and meaningful insights.
9. Suggest control measures to undertake if requirement discovered during any aspect of your day-to-day tasks.
10. Provide support to the broader operational Claims function and Claim Handlers and work to resolve and triage queries appropriately where necessary.
11. Support claims data initiatives to ensure data collected and the associated messages interpreting the data meets both International and Global claims requirements.
12. Assist, participate, and be involved in Market Initiatives like Faster Claims Payments, BluePrint2, Gemini. This includes but is not limited to testing, building reports.
13. Promptly notify relevant parties of any perceived risks or failures to existing activity or control measures.
14. Participate in audits by providing documented evidence and assisting with walk-throughs of claims processes.
15. Support the ongoing development of the Claims function to drive continuous improvement and operational efficiency ensuring reports meet the business requirements.
16. You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

1. Educated to degree level, preferably in a numerical or analytical discipline.
2. Advanced Excel including pivot tables and vlookups.
3. Ability to learn to navigate and understand internal databases (IRIS, RiskWrite, Swordfish, Dynamics).
4. Initiative, curious and proactive with a thirst for knowledge to learn and grow. Have a can-do attitude, team player, collaborative attitude, ability to take ownership and deliver.
5. Numerate, analytical and solution focused, working to deadlines.
6. Integrate with colleagues in other departments by participating in Axis-led initiatives.
7. Excellent communication skills and demonstrated ability and experience supporting strategic initiatives impacting key stakeholders and reporting to senior management.
8. Strong organizational, critical thinking, problem solving, analytical, and quantitative skills including the ability to analyze and interpret financial and claims data.
9. Proven prioritization skills with the ability to balance both the immediate needs with broader organizational strategies.
10. Willingness to assume additional responsibilities and undertake professional qualifications for personal and professional growth.
11. Good conflict resolution skills to effectively deal with people with differing expectations and viewpoints and to build strong cross-functional relationships and partnerships.

What we prefer you to have:

1. Experience working within a Lloyd’s / London Market Insurer with proven experience in Specialty markets and a good understanding of associated claims processes, procedures, and systems.
2. Experience working on cross-functional teams, collaborating, actively participating, and delivering solutions.
3. A good understanding of the Bureau processes, the role of Xchanging, Lloyds V5 formatted bordereaux, ability to navigate through the London Market systems such as CRS, Lloyd’s Insights Hub, Class, ECF2, IMR, DOCOsoft is critical to this role.
4. Previous experience with Power BI, Tableau, or other databases an advantage but not essential (training otherwise provided).
5. Ability to present information in a clear and concise fashion relevant to the audience.
6. The ability to issue spot and escalate issues that could present challenges to a project or the organization.

Role Factors:

In this role, you will typically be required to:

Be in the office 3 days per week.

What we offer:

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.

Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.