Marine Claims Technician

2 weeks ago

City Of London UK, Central London, United Kingdom Nashrock Insurance Recruitment Full time

About Our Client:

We are an integrated team of insurance and reinsurance specialists with extensive experience across global markets and sectors. We develop a thorough understanding of our clients' situations and markets, creating innovative solutions that deliver exceptional value. Our London Wholesale capabilities encompass all aspects of placement facilitation, including open market, delegated authorities, MGAs, and facultative reinsurance.


We have experienced rapid growth in recent years, becoming one of the largest insurance brokers globally, with ambitious plans to continue this accelerated growth. Our unique business model, ownership structure, and entrepreneurial culture position us as a leading privately held insurance brokerage in the industry.


In This Role, You Will:

  • Provide support in the broking and processing of Binding Authority and Open Market Claims.
  • Analyze and evaluate claims data reported by Insureds, Coverholders, and External Vendors, including TPAs, ensuring processing according to contract terms and company guidelines.
  • Review submitted claim bordereau to ensure data integrity and completeness before reporting to Capacity Carriers.
  • Review submitted referrals and notices to ensure data integrity and completeness before reporting to Capacity Carriers.
  • Process claim bordereau, referrals, and cash calls through Xchanging using the Electronic Claims File (ECF) system, and enter claims information into OpenTWINS promptly.
  • Collaborate with Finance and Operations to ensure prompt payment of claim bordereau and cash calls, keeping clients informed of anticipated and actual settlement timelines.


Essential Requirements:

  • 4+ years experience in claims, particularly in specialty areas such as GL and Marine Cargo/Transportation.
  • Proficiency in processing claims with good knowledge of Xchanging Claims systems, protocols, and processes.


Please note: Your application will not be considered for this role if you do not have the ESSENTIAL REQUIREMENTS listed above.

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