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Transactional Claims Analyst

Davies Talent Solutions
Posted a day ago, valid for 7 minutes
Location

Ipswich, Suffolk IP15BH, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a Transactional Claims Analyst for our Global Shared Services Centre in Ipswich, offering a salary of £30,000 to £35,000 per year.
  • The role requires a minimum of 2 years of experience in insurance or reinsurance, with a focus on transactional claims and contracts.
  • Key responsibilities include the accurate calculation and processing of claims, as well as assisting other teams with queries.
  • Candidates should possess strong IT skills, particularly in Excel, and have a good working knowledge of insurance and reinsurance business.
  • This position offers a performance-based bonus scheme and various employee benefits, including a contributory pension scheme and work-from-home allowance.
Are you a highly organised and analytical individual with a keen eye for detail? We're seeking a Transactional Claims Analyst to join our Global Shared Services Centre in Ipswich. In this role, you'll be responsible for the accurate calculation and processing of transactional items, focusing on rules-based, low-risk claims and contracts.This is a fantastic opportunity to contribute to a dynamic team that provides essential processing services across various international markets.What You'll Be Doing:
  • Accurately and efficiently calculate and process inwards and/or outwards transactional claims and contracts in accordance with agreed processes and claims segmentation rules.
  • Assist other Global Shared Services Centre teams with queries in a timely and professional manner, communicating effectively via email, Teams, or face-to-face meetings.
  • Process requests for letter of credit creation, increases, withdrawals, and cancellations, as well as bonds, following established procedures.
  • Provide process and claims support to other business units to enhance overall efficiency.
  • Contribute to projects involving the Global Shared Services Centre, ensuring efficient and effective integration while respecting timelines and deadlines.
  • Collaborate with team members, offering support and demonstrating adaptability and flexibility by covering different portfolios, geographical markets, or types of reinsurance based on business urgency.
What We're Looking For:Technical Skills:
  • Strong IT skills, particularly in Excel.
  • Good working knowledge of various classes of insurance and reinsurance business.
  • Preferable: Technical reinsurance experience, including calculation of figures in key reinsurance types (e.g., Excess of Loss, Quota Share, Surplus) and major markets (e.g., USA, Continental Europe, London Market).
  • Preferable: Insurance claims handling experience.
Personal Skills:
  • Exceptional analytical ability.
  • Proven ability to work effectively in a process-driven team environment.
  • Self-motivated and proactive.
  • Highly organised with a professional approach to work.
  • Ability to work independently within personal authority limits.
  • Excellent written and verbal English communication skills.
  • Desirable: Comprehension of French or German.
  • A self-starter with the ability to meet and adapt to new challenges.
  • Enthusiastic and willing to learn.
  • Positive outlook and perspective.
  • Proven ability to build strong relationships.
Why Apply?
  • Performance-Based Bonus Scheme
  • Contributory Personal Pension Scheme
  • Life Assurance
  • Permanent Health Insurance (PHI)
  • Annual Season Ticket Loans
  • Employee Share Plan
  • Work from Home Allowance

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.