My client, a large insurance company based in Bedfordview seeks results orientated, strategic thinker who follows a decisive and proactive approach and who thrives within a high-pressure dynamic environment.
Main job function
Duties to include but not limited to:
Handle all legal and litigation insurance issues
Sound knowledge of claims principles in industry including Claims management
Actively Manage and oversee start to end claims function of the claims handlers in the division and assist them technically.
Contribute to the growth and profitability of the Company by providing excellent service and maintaining
Manage and Organize day to day operations by establishing priorities to ensure Registering, handling and
settling of claims on Company’s delegated authority and at the same time maintain the standards of the claims department
Ensure at all times resourcing is effectively and efficiently in place, to service the work load.
Controlling of registers, authorization and signing of claims payments, compliance with SLA’s, diary
management, quantum, recoveries, salvage and secure proper claims maintenance.
Assess the claims internally
Ensure all technical aspects for claims settlement are adhered to
Negotiate settlement of the claims with all relevant stakeholders
Authorise payments on large losses.
Daily diary files to be extracted and dealt with e.g. letters of demand, final notices reminders and
follow up assessors’ reports
Monitor trends and unusual claims and prepare risk report for underwriters and senior staff
Prepare risk reports and claims reports and present to senior managers and Exco periodically.
Analysis and presentation of management reporting to deliver transparency of claims performance
against business goals and direct actions for improvement
Accompany loss adjusters on large losses to site where necessary, to assess claims and find a solution
to proceed with claims
Negotiate discounts to reduce costs with repairers, service providers and partners, without
Signing off of third-party releases.
Third Party recoveries.
Overseeing its implementation and setting control measures
Supervision & training of claims staff
Oversee the development needs of staff
Find innovative ways to improve the overall claims process
Following up on regular intervals and provide constructive feedback to brokers and managementRespond to queries within 24 hours
LLB or Legal Degree – non negotiable
Insurance Experience – 5yrs or more – non negotiable
A team player that is committed to acting with integrity, responsibility, and accountability
Coaching and support
Understand applicable legislation
A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.