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Claims Technican

Salary £23k to £33k
Type Permanent
Location City of London
Sectors Insurance
Broking, Underwriting & Claims
Job Reference I5/RIS/32298
Contact Richard Saunders
Date posted 01-08-2019

Your New Company

My client is an International Independent Lloyd’s Broker based in the heart of the City. Due to substantial growth, a need has arisen to add a Claims Technician to the team responsible for Property, Liability & Casualty Claims.

The Role

As a Claims Technician, you will be working within an established team, where your duties will include:

• Providing advice on making a claim and the processes involved;
• On various classes of business, settling claims within authority, referring those outside authority to underwriters, broking and negotiating claims advised on open market business
• Ensuring adequate and timely reserving
• Recording and processing claims from first advice through to settlement, including active use of the diary system
• Liaising with and advising customers on claims procedures – the customers could be cover holders, direct clients or agents. Liaising with colleagues and Insurers on claims
• Dealing with claims payments. Liaising with the accounts department. Preparing claims bordereaux and Loss Fund Top-Up requests.
• Processing items on CLASS/ECF or LORS
• Ensuring compliance with any delegated Binding Authority claims handling agreements

Experience Required

• You will have proven experience working as a Claims Technician ideally handling Property, Liability or Casualty Claims together with Reinsurance.
• The ability to understand insurance coverages provided and whether a claim is valid or not
• Solid evaluation of the class and type of loss
• Lloyds systems expereince including ECF/ CLASS
• Good understanding of company specific procedures related to claims activities
• Awareness of FCA regulations and how they affect the handling of claims.

What Next?
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Contact Richard about this job

AVP, Consultant