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Claims Adjuster
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Delegated Underwriting Claims Specialist
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Claims Administrator
2 months ago
We are seeking a highly skilled Claims Administrator to join our operations team in London. As a Claims Administrator, you will play a critical role in ensuring the timely and accurate processing of reinsurance claims for our clients.
Key Responsibilities- Claims Administration
- Ensure that claims administration standards and time service requirements are applied to the handling of all business received.
- Ensure that claims administration for all business accounts adheres to RGA treaties.
- Provide claims administration data for input into accounting records, valuation systems, and regulatory returns.
- Ensure claims administration data is provided to retrocession clients, including International Retro Pool, in a timely and accurate manner.
- Ensure claims administration processes and procedures are fully documented.
- Gain a good working knowledge of reinsurance practices and specific RGA treaty practices as they pertain to the management and handling of transfer of risk.
- Ensure that claims are administered appropriately through the RGA chain of companies, external retro companies, and the International Retro Pool.
- Management Information
- Ensure monthly, quarterly, and annual claims reporting is carried out in a timely and accurate manner.
- Ensure data is provided for claims audits as and when required.
- Ensure data is provided for any ad hoc claims data requests.
- Ensure data is provided for quarterly valuation claims reporting.
- Develop a good understanding of processing claims data on RGA administration systems.
- Interactions
- Report to the Raptor Team Lead, CE & ME, and work closely with other members of the Claims Administration (Raptor) CE & ME team.
- Work closely with other RGA EMEA Claims Teams as and when appropriate.
- Experience of working in a similar role.
- Strong IT skills with a good understanding of MS Excel.
- Understanding of the concept of Reinsurance and the risk factors affecting RGA.
- Effective interpersonal skills with the ability to interact with employees at all levels and across different departments.
- Ability to focus on priorities, targets, and deadlines.
- Proactive team player who can also work on own initiative.
- Ability to contribute to the team building spirit within the company.
- 1 year's experience of working in a similar role.
Reinsurance Group of America is one of the largest global life and health reinsurance companies in the world. With operations in 26 countries, we are the only global reinsurance company to focus primarily on life and health related reinsurance solutions.
Our core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. With $4 trillion of life reinsurance in force, assets of $84.9 billion, and a singular purpose: to make financial protection accessible to all.
