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Senior Claims Technician - Binders
£50,000 - £75,000
London - Flexible hybrid working
Reporting to the London Head of Claims, the primary responsibility will be providing support in the broking and processing of Binding Authority and Open Market Claims. The candidate requires Claims processing experience with good knowledge of Xchanging Claims systems and processes.
This individual will analyse and evaluate claims data being reported by Insureds / Coverholders / External Vendors including TPA’s for processing according to contract terms and guidelines and following established company procedures.
Responsibilities & Accountabilities:
BINDING AUTHORITY BUSINESS / OPEN MARKET
• Review submitted claim bordereau to ensure integrity and completeness of the data provided before reporting to Capacity Carriers.
• Review submitted referrals and notices to ensure integrity and completeness of the data provided before reporting to Capacity Carriers.
• Process claim bordereau, referrals and cash calls through Xchanging using Electronic Claims File (ECF) system and entering claims information into OpenTWINS in a prompt and timely manner;
• Work with Finance and Operations to ensure prompt payment of claim bordereau and cash calls and keep Client advised of anticipated and actual settlement timelines.
• Update claims movement and non-cash collection information on the ECF system.
• Maintain Claims information and advise the London Head of Claims of overdue account collections and/or claim concerns or issues.
• Take responsibility for the accurate completion of special projects and other related tasks as assigned
Senior Claims Technician - Binders
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