Claims Administrator [UK]
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Job Summary
Claims Administrator
London
Hybrid two days in office
Permanent / full-time
We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyds Europe and North America.
We are currently seeking a UK-based Claims Administrator to provide vital administrative support to the wider Claims team at Compre. This role is focused on ensuring that claims data is reviewed and processed accurately and in a timely manner while maintaining well-documented and up-to-date claims files that reflect accurate financial and handling activity.
London
Hybrid two days in office
Permanent / full-time
We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyds Europe and North America.
We are currently seeking a UK-based Claims Administrator to provide vital administrative support to the wider Claims team at Compre. This role is focused on ensuring that claims data is reviewed and processed accurately and in a timely manner while maintaining well-documented and up-to-date claims files that reflect accurate financial and handling activity.
Responsibilities
Complete triage and processing of claims files in an accurate and timely manner including financial adjustments.
Provide overall administration support to the wider Claims team within Compre.
Assist in the ongoing review of Static Claims.
Liaise with relevant stakeholders throughout the claims life cycle including Policyholders Brokers Client Insurers and the wider Claims Team.
Process billings from external service providers and generate corresponding financial movements.
Monitor general mailboxes to ensure all correspondence is current and up to date.
Collaborate with internal departments to support operational efficiency and meet organizational goals.
Ensure the integrity and accuracy of claims data through ongoing review
Adhere to claims standards including compliance to service level agreements.
Manage data reconciliation to support identified commutation targets
Undertake the monthly ELTO tracing activity
Provide overall administrative support to the wider Claims team within Compre.
Adhere to claims standards including compliance to service level agreements.
Participate in additional responsibilities and project work as needed.
Provide overall administration support to the wider Claims team within Compre.
Assist in the ongoing review of Static Claims.
Liaise with relevant stakeholders throughout the claims life cycle including Policyholders Brokers Client Insurers and the wider Claims Team.
Process billings from external service providers and generate corresponding financial movements.
Monitor general mailboxes to ensure all correspondence is current and up to date.
Collaborate with internal departments to support operational efficiency and meet organizational goals.
Ensure the integrity and accuracy of claims data through ongoing review
Adhere to claims standards including compliance to service level agreements.
Manage data reconciliation to support identified commutation targets
Undertake the monthly ELTO tracing activity
Provide overall administrative support to the wider Claims team within Compre.
Adhere to claims standards including compliance to service level agreements.
Participate in additional responsibilities and project work as needed.
Candidate requirements
Qualifications/Experience
1-3 years of experience in claims administration
High attention to detail and commitment to maintaining data accuracy and integrity.
Proficiency in MS Office and claims management systems.
Required Skills
1-3 years in claims administration preferably with exposure to Direct and/or Reinsurance claims.
Excellent prioritization and time management abilities.
Effective communication skills to engage with internal teams and external stakeholders.
Strong analytical skills to identify trends solve problems and implement improvements.
Solid understanding of claims administration processes.
Organizational
Embodiment and demonstration of Compres Values and ability to demonstrate these in day-to-day operations.
Ability to develop and maintain strong working relationships with both internal and external stakeholders.
1-3 years of experience in claims administration
High attention to detail and commitment to maintaining data accuracy and integrity.
Proficiency in MS Office and claims management systems.
Required Skills
1-3 years in claims administration preferably with exposure to Direct and/or Reinsurance claims.
Excellent prioritization and time management abilities.
Effective communication skills to engage with internal teams and external stakeholders.
Strong analytical skills to identify trends solve problems and implement improvements.
Solid understanding of claims administration processes.
Organizational
Embodiment and demonstration of Compres Values and ability to demonstrate these in day-to-day operations.
Ability to develop and maintain strong working relationships with both internal and external stakeholders.
Benefits
Compre is a global speciality reinsurance company that offers capital and liability solutions to its clients providing them with the certainty they need on their portfolios. We are known for being trusted partners to the market and for having a team of experts who collaborate and maintain discipline in underwriting ensuring a differentiated client experience.
As an ambitious business we are focused on building depth breadth and diversity in the talent across our business to be future-ready. Our clients needs evolve as the market changes which is why we continuously invest in areas such as data and technology. This way we can serve current and future clients needs with scalable and new technology delivered by our growing agile Data and Technology team.
- Our values are what make us stand out. We value each other empower and hold ourselves accountable are authentic collaborative and inclusive and continuously strive for progress and innovation.
Why join us
At Compre we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business and over the last few years we have expanded our markets across Europe Lloyds and North America. Our team is based in Bermuda Finland Germany Malta UK and the US.
To keep our globally dispersed team connected we have various employee resource groups including Wellbeing DEI COMMS and Engagement.
We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork authenticity and innovation and provide a space for these behaviours to bloom at Compre.
Make an impact in a collaborative environment with some of the best talent in the industry while enjoying:
competitive salary & annual bonus
a health & wellbeing subsidy (20 per month) (from Day 1)
a generous pension (eligible after probationary period)
private healthcare from BUPA and a Healthcare Cash Plan from Medicash (from Day 1)
life assurance (from Day 1)
income protection (from Day 1)
25 days annual leave (from Day 1)
cycle to work scheme (from Day 1)
season ticket loan (interest free) (eligible after probationary period)
electric vehicle scheme (eligible after probationary period)
EAP (Employee Assistance Programme) (from Day 1)
learning/study support and reimbursement for professional memberships
hybrid working
employee socials and recognition programme
Required Experience:
Unclear Seniority
Key Skills
- Corporate Paralegal
- Baan
- IT Sales and Marketing
- Civil Quality Control
- Activex
- Jboss
About Company
Compre is a leading global specialty reinsurance business. We provide capital and liability solutions, giving certainty to our clients on their portfolios.
