Job Description
Allied World Assurance Company Holdings, AG, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions.
Ensure you read the information regarding this opportunity thoroughly before making an application.
At Allied World we have over 1,600 talented and loyal employees working in 25 offices globally who service clients throughout the world. We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented committed people to join our team.
As a subsidiary of Fairfax Financial Holdings Ltd. and a Lloyds syndicate, we are situated in the heart of the London insurance market and benefit from a wealth of experience setting us apart from our competitors on the cutting edge of innovation.
Based in the Walkie Talkie building at 20 Fenchurch Street, our office is based on the 19th floor, providing fantastic views across London. With just under 200 employees in London we pride ourselves on our warm and welcoming culture, with regular learning opportunities and support to achieve your career goals.
Allied World is an Equal Opportunities Employer. All qualified applicants will be considered for employment without regard to an individual’s race, colour, national origin, religion, sex, age, genetic information, or disability status.
The successful candidate’s primary responsibility will be to assist our London Professional Lines team in handling these claims. This is an excellent opportunity for someone with 1 to 2 years of experience in the Insurance market to build on knowledge and experience already gained.
Main Duties and Responsibilities:
- Claim set-up and data entry in several claim systems, Genius/CUI, TRAX, and allocate new claims to analysts.
- Draft claims notes, prepare and issue standard claim acknowledgement letters and other claims documents.
- Process claim payments.
- Carry out work on aged file/static claims reviews as required.
- Carry out work on claims bordereau where required.
- Manage and maintain monthly bordereau and Escrow accounts for claims that fall within the TPA delegated authority.
- Assist with preparation of materials for policy renewals where required.
- Assist with preparation of materials for line of business meetings.
- Build and circulate regular claims MI reports from internal data warehouse and external apps such as Lloyd’s CRS.
- Assist claim analysts/managers as needed with copying, filing scanning, and related file maintenance.
- Assist with coordination of internal and external audits.
- Other administrative tasks and special projects as warranted.
Person Specification:
- Insurance related courses/experience in Professional Lines are an advantage.
- 1-2 years of experience in the insurance market
- Good general PC skills.
- Good knowledge of 2000 Microsoft Office Suite: Word, Excel, Outlook.
- Knowledge of Genius, ECF2, Lloyd’s CRS would be useful.
- Strong communication skills.
- The ability to work well in a team environment.
- Excellent organizational skills and the ability to work on multiple tasks concurrently.
- Self-starter and proactive approach to learning
Our Benefits:
- Hybrid working
- Fantastic location, on the 19th floor of the Walkie Talkie/Sky Garden building
- Breakfast in the office
- Employee Share scheme
- Regular learning opportunities for professional development
- Competitive annual leave allowances
- Private Medical & Dental insurance
- Group Life Assurance
- Income protection
- Discretionary Annual Bonus
- Generous employer pension contributions
- Gym subsidy
- Regular social events
All of Allied World's rated insurance and reinsurance subsidiaries are rated A by A.M. Best Company, A by Standard & Poor's, and A2 by Moody's, and our Lloyd's Syndicate 2232 is rated A+ by Standard & Poor's and AA- by Fitch. Allied World is an Equal Opportunities Employer.