Claims Delegated Authority Assistant

Claims Delegated Authority Assistant

London – flexible hybrid working

Up to £55,000

A leading Reinsurance Group are seeking a Claims Delegated Authority Assistant to contribute towards the management of delegated claims, incorporating applicable regulatory requirements.

Key Responsibilities & Accountabilities

• Onboarding of new and existing claims DA
• Creation of claims DA agreements
• Oversight of claims DA performance
• Claims DA reporting
• Claims DA system upkeep
• Supporting claims DA manager with any project work
• Supporting claims DA manager with claims DA audits
• Supporting claims DA manager with maintaining oversight of claims DA loss funds
• Supporting claims DA manager with upkeep of Lloyd’s and Group DA practices
• Drive good Conduct for the business to deliver the best outcomes for customers / policyholders
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk

You will need to be able to display you have the following qualifications and experience

• Good knowledge and understanding of Underlying Principles of Insurance, Legal Principles, FSA and rules and regulations, Lloyds regulations
• Good knowledge of claims delegated authorities
• Good knowledge of Lloyd’s Standard Claims Reporting template
• Demonstrate growing understanding of the roles of colleagues and their relationships to the structure and business plans of the Firm
• Willingness to continue to develop knowledge of policies, underwriting and related issues through formal and informal learning, both internally and externally to the firm
• Be aware of the potential risks facing the business within own job role and the controls that are in place to mitigate them
• 1-2 years insurance experience
• MS Word, Excel, Outlook, PowerPoint, Project

#J-18808-Ljbffr…