Loss Fund Co-Ordinator

Loss Fund Co-Ordinator

London Temporary 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the management of loss fund processes and complete operational tasks.
  • Company: Join a dynamic claims team focused on delivering excellence in claims management.
  • Benefits: Enjoy a collaborative work environment with diverse tasks and opportunities for growth.
  • Why this job: Be part of a proactive team that values motivation and engagement in all tasks.
  • Qualifications: Looking for enthusiastic individuals ready to tackle challenges and engage with stakeholders.
  • Other info: This is an 18-month fixed-term contract with a focus on best practices.

The predicted salary is between 28800 - 43200 £ per year.

We\’re seeking an enthusiastic and passionate Loss Fund Coordinator on an 18 month FTC, whose core responsibilities will be to support the proactive delivery and management of the end-to-end loss fund process, spanning Traditional, Vitesse, and Fast Claim Payments (FCP) methodologies. This role is critical to ensure adherence to best practice policies and procedures in the delivery of our robust control and process framework for legacy, current, and future loss funds Duties will include completion of operational tasks and support in the validation and reconciliation of Third-Party Administrator (TPA)/Coverholder held loss funds. There will be a number of responsibilities, expectations and ad hoc tasks that are an integral part of this dynamic role, which calls for a proactive working style, a can-do approach, and an ability to engage effectively with both internal and external stakeholders. We are primarily seeking an individual with the motivation, drive and enthusiasm to deliver excellence in all areas of their work. We can promise a diverse range of tasks, working in a highly collaborative claims team committed to delivering our Claims Vision. …

Loss Fund Co-Ordinator employer: Sanderson

At our company, we pride ourselves on being an excellent employer that fosters a collaborative and dynamic work environment. As a Loss Fund Coordinator, you will benefit from a supportive culture that encourages professional growth and development, with opportunities to engage in diverse tasks and projects. Located in a vibrant area, we offer a unique chance to be part of a dedicated claims team focused on delivering excellence while ensuring adherence to best practices in loss fund management.
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Contact Detail:

Sanderson Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loss Fund Co-Ordinator

Tip Number 1

Familiarize yourself with the end-to-end loss fund process, especially the methodologies mentioned in the job description like Traditional, Vitesse, and Fast Claim Payments. Understanding these processes will help you speak confidently about your knowledge during the interview.

Tip Number 2

Showcase your proactive working style by preparing examples of how you've successfully managed operational tasks in previous roles. This will demonstrate your ability to handle the dynamic responsibilities of the Loss Fund Coordinator position.

Tip Number 3

Engage with professionals in the claims industry through networking events or online forums. Building connections can provide insights into best practices and may even lead to referrals for the position.

Tip Number 4

Research our company’s Claims Vision and be prepared to discuss how your values align with it. Showing that you are committed to delivering excellence will resonate well with the hiring team.

We think you need these skills to ace Loss Fund Co-Ordinator

Proactive Delivery
End-to-End Process Management
Attention to Detail
Stakeholder Engagement
Operational Task Completion
Validation and Reconciliation Skills
Knowledge of Loss Fund Processes
Strong Communication Skills
Ability to Work Collaboratively
Adaptability to Dynamic Environments
Problem-Solving Skills
Can-Do Attitude
Time Management
Motivation and Drive for Excellence

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Loss Fund Coordinator position. Understand the core responsibilities and required skills, such as managing loss fund processes and engaging with stakeholders.

Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your proactive working style and any previous roles that involved claims management or financial processes.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific examples of how your background and skills make you a great fit for the Loss Fund Coordinator position.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise to make a strong impression.

How to prepare for a job interview at Sanderson

Understand the Loss Fund Process

Make sure you have a solid grasp of the end-to-end loss fund process, including Traditional, Vitesse, and Fast Claim Payments methodologies. Be prepared to discuss how you can support these processes and any relevant experience you have.

Show Your Proactive Approach

This role requires a proactive working style. Think of examples from your past experiences where you took initiative to solve problems or improve processes. Highlighting this will demonstrate that you fit the dynamic nature of the role.

Engage with Stakeholders

Since the position involves engaging with both internal and external stakeholders, be ready to share examples of how you've successfully collaborated with others in previous roles. This will show your ability to communicate effectively and build relationships.

Demonstrate Your Enthusiasm

The company is looking for someone with motivation and drive. Make sure to convey your passion for the role and the industry during the interview. Share what excites you about the opportunity and how you plan to contribute to the team's success.

Loss Fund Co-Ordinator
Sanderson
S
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