Assistant Claims Handler, Financial Lines - Allianz - London - Wizbii

Assistant Claims Handler, Financial Lines

  • By Allianz
  • July 2017
  • London (United Kingdom)
  • Audit / Accounting

Job description


Based in London and reporting directly to the Team Leader, Claims, Financial Lines, you will be delivering effective and efficient Claims Handling support, including timely and efficient claims processing, related manual inputting and general administration duties. You will also be supporting the preparation and handling of standard claims within agreed authority. In addition you will ensure all claims are handled within authority limits, and in line with AGCS Claims Standards procedures and guidelines. You will proactively liaise with other functions to ensure timely and accurate Claims administration. You will be expected to develop and maintain peer level relationships with brokers.


Input and maintain accurate claims records (e.g. reserves, payments) for designated accounts, within appropriate AGC&S Claims administration systems

Process standard indemnity and expense payments

Complete general claims administration tasks as required

Prepare case for settlement of standard claims through payment or denial

Support negotiation to ensure efficient and competitive settlement

Proactively produce management information reports (e.g. monthly major claims movements)

Ensure all claims handled within authority limits, and in line with AGCS Claims Standards procedures and guidelines

Refer cases outside of authority level

Prepare referral documentation and materials as appropriate

Report loss information internally and externally

Proactively work with other functional areas in Claims handling process, e.g. Underwriting, MMC, ARC, Operations

Proactively review late/non payment of premium and support credit control process with Underwriting / Accounts

Proactively work with other functions (e.g. operations, credit control) to resolve outstanding accounts queries


Preferably a degree in Economics, Law, or other appropriate discipline

Progress towards professional insurance qualification (e.g. CII)

Basic understanding of regional / local LoB insurance markets and competitor landscape

Basic understanding of legal and regulatory framework

Claims Handling: knowledge of claims handling process from notification to settlement and recovery

Reserving, reinsurance and coinsurance: knowledge of reserving principles and practices; robust understanding of coinsurance and reinsurance and application

Litigation: understanding of relevant legal processes and procedures, litigation management, litigation avoidance techniques (e.g. mediation)

Communication skills: Clearly and effectively express ideas and messages via speech or writing

Presentation skills: Effectively express and display thoughts and ideas visually, using various tools

Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions


At Allianz Global Corporate & Specialty (AGCS) we offer the opportunity to work in a dynamic environment with global challenges at the world’s leading P&C insurer.

Did you know Allianz insures more than half of the Fortune Global 500® companies, or that AGCS insures major movie productions, cyber security threats, and that we are the leading specialist in satellite and space insurance?

We have offices in 29 countries and with our extensive Allianz and partner network we help customers in more than 160 countries worldwide.

At AGCS UK we are not only impressive for our clients, but also for our employees as we offer the following generous benefits:

-Flexible buy/sell holiday options
-Bupa private medical insurance
-Generous pension contributions
-Enhanced paid maternity, paternity, shared parental leave
-Flexible working options
-Subsidized on-site massages
-25% off Allianz Insurance products
-Employee stock purchase plan for Allianz shares
-Education / study sponsorship
-Global mobility within AGCS and the wider Allianz Group

…and many more individual flexible benefits to choose from. We pride ourselves on our approach to wellbeing and provide regular seminars, activities, and events devoted towards the overall health of our employees.

We are looking for talented individuals who are passionate about what they do – come and find out why AGCS is the place for you!

Reference Code


Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 85 million private and corporate customers and more than 142,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.

Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).

Worldwide, AGCS operates in 30 countries with own units and in over 210 countries and territories through the Allianz Group network and partners. In 2016, it employed around 5,000 people and provided insurance solutions to more than three quarters of the 'Fortune Global 500' companies, writing a total of €7.6 billion gross premium worldwide.

AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.

More information about careers at Allianz Global Corporate Specialty can be found at

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About Allianz

Allianz est l’une des premières compagnies mondiales d’assurance, avec un chiffre d’affaires qui s’élevait à plus de 100 milliards d’euros dans le monde en 2012. Présent dans plus de 70 pays, dans lesquels il compte 144 000 collaborateurs, Allianz est spécialisé dans plusieurs métiers : l’assurance pour les particuliers, professionnels, entreprises et collectivités, et la gestion du patrimoine. En France, le groupe compte plus de 5 millions de clients et 2500 points de vente.

Allianz organise régulièrement des campagnes de recrutement pour ses alternants et stagiaires. Son objectif est également de recruter 30 % de jeunes diplômés parmi ses embauches en CDI, parmi lesquels 30 % ont effectué un stage ou une alternance au sein du groupe. Allianz propose des offres d’emploi au sein de différents métiers : l’assurance, le support, le management et pilotage, le digital, la vente et le marketing. 

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