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Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.
Job Summary: Perform various administrative and technical tasks to assist the Reinsurance claim department in managing claims and handle a limited portfolio of assigned claims.
Responsibilities:
* Review coverage for new loss notices and set up claims in the reinsurance system.
* Review incoming claim correspondence on existing claims and create workflows in the reinsurance system.
* Review claims status in reinsurance system diary for the assigned examiner(s).
* Prepare payment requests for authorisation and liaise with reinsurance accounting units to ensure prompt settlement of payment requests.
* Prepare monthly management reports for the VP Reinsurance Claims.
* Assist the VP Reinsurance Claims in putting together and submitting claims documentation to Internal and external audits of the Claims Team.
* Assist the Senior Claim Analysts with preparations and coordination of external audits if needed.
* Maintain ongoing liaison with underwriters and brokers concerning contract terms, updates, and corrections in the reinsurance system.
* Maintain department studies, reports and records as required.
* Manage assigned accounts and claims under the direction and authorisation of the VP Reinsurance Claims and the Senior Claim Analysts
* Understand general claim terminology to properly attach notices to the applicable agreements and existing claim files.
* Special projects as required.
Person Specification
* Bachelor’s degree or equivalent experience is an advantage.
* Insurance related courses or certificates are an advantage.
* Working knowledge of the Microsoft Office Suite
* Strong business writing skills
* The ability to work in a team environment.
* Willingness to learn new skills.
* Excellent organisational skills, and the ability to work on multiple tasks concurrently.
* Ability to work unsupervised.
* Fluency in written English is a requirement and a 2nd European language is an advantage.
* Enthusiastic and curious attitude.
Seniority level
* Seniority level
Entry level
Employment type
* Employment type
Full-time
Job function
* Job function
Finance
* Industries
Insurance
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