Full job descriptionWise May is recruiting for a Claims Administrator to join a claims management provider who are part of a global Insurance client to manage and process invoicing and claim collections from the London insurance market.
This is a permanent role (hybrid working pattern with 3 days per week in the office).
Administrator duties and responsibilities:
*Claims collections and fee Invoicing, including controls & reconciliations - Overseeing the monthly cycle from the database, monitoring work in progress, invoicing totals, VAT, disbursements and maintain oversight of fee reconciliations and payment of claims.
*Collections Governance and Oversight - Coordinate the submission and tracking of claims collections and entries, maintain ownership of collection bordereaux, endorsements and compliance loss runs ensuring accuracy and monitor underwriter responses and bureau signings.
*Payment Monitoring & Account Liaison - Track incoming payments for fees and collections, act as the primary liaison with accounts for payment identification, reconciliation and correlation, provide clear payment breakdowns and supporting documentation.
*Reporting & Month-End Assurance - Produce and distribute monthly loss runs and collection summaries to underwriters and confirm month end position by validating that collections, outstanding balances.
Administrator key skills and experience required:
*Demonstrable experience working in a finance administration role, preferably within the insurance sector.
*Advanced Excel skills, including reconciliation and data validation.
*High attention to detail and strong organisational skills.
*Good working knowledge of standard windows applications (e.g. Outlook, Word etc)
Benefits
*Pension with enhanced employer contributions
*Critical Illness Cover
*Death in Service Scheme
*Dental Cover
*Permanent Health Insurance Scheme
*Private Medical Insurance Scheme
*Subsidised Restaurant