At a Glance
- Tasks: Manage insurance services, handle claims, and procure policies for the Council.
- Company: Join a supportive Local Authority in Preston focused on community welfare.
- Benefits: Earn £19.66 - £25.13 per hour with potential for extension; 37 hours per week on-site.
- Why this job: Make a real impact while developing your skills in a professional environment.
- Qualifications: Experience in insurance management or finance is preferred but not essential.
- Other info: Opportunity to work closely with senior leadership and gain valuable insights.
3M Resourcing are supporting the Local Authority in Preston with their vacancy for an Insurance Manager – Finance Dep\’t.
Initially for 3 months but with a good possibility for extention.
£19.66 Per Hour – PAYE
£25.13 Per Hour – Ltd Company
37 Hours Per Week – On-site.
Purpose of Job:
To provide a comprehensive and proactive insurance service and be the main contact on all insurance related matters of the Council both internally and externally including the handling of insurance claims, and leading on the procurement of insurance polices and renewals.
Provide professional support to senior leadership and departmental management in respect of the Council s insurance arrangements.
Main Duties/Responsibilities:
To ensure that appropriate insurance cover is always in place and that the terms and conditions of insurance policies are appropriate and cost effective for the Council\’s requirements.
Lead the Council s insurance claims handling arrangements to ensure they are handled in a professional and timely manner including liaison with claims handlers, legal representatives , loss adjusters and departmental contacts in the gathering of evidential support for cases.
Lead on the procurement of the Council s various insurance contracts in conjunction with advice from brokers.
Ensue that the Council meets it legal requirements under the Insurance Act 2015.
Undertake the annual renewal negotiations and examining policy documentation to ensure compliance and accuracy.
Manage contracts with suppliers including but not limited to tendering for the insurance programme, broker contracts, specialist insurance policies, fund reviews and any other specialist work.
Provide advice regarding insurance clauses within contracts and inspection of supplier\’s insurance documentation.
To occasionally attend Court as necessary in connection with Liability claims either as a witness or to support other staff members.
Maintain relationships with the council\’s insurers and broker to keep abreast of current market trends, new developments and best practice.
Oversee property surveys with insurers.
Ensure that Senior Officers, Councillors and Legal colleagues are informed and regularly updated on claims that carry significant risk of legal, financial and reputational harm for the Council.
Liaise with all services across the Council in the development of risk reductions and loss prevention strategies to improve the Council s insurance risk profile and determine the levels of insurance cover.
Developing and maintaining appropriate systems for the collation, recording and management of insurance data, and analyse and interpret claims data to produce regular reports including reports for insurers and claims analysis reports for directors and senior managers.
Keep up to date with new developments in the insurance industry and changes in best practice to ensure best value on the insurance programme and implement changes to suit the Council\’s changing needs.
To fulfil upon request any task reasonably requested of him/her and falling within the range of his/her professional expertise and salary range in Accountancy Services
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Insurance Manager - Finance employer: 3M RESOURCING LTD
Contact Detail:
3M RESOURCING LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Manager - Finance
✨Tip Number 1
Familiarise yourself with the specific insurance regulations and requirements that apply to local authorities. Understanding the Insurance Act 2015 and how it impacts council operations will give you a significant edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who have experience working with local councils. Attend industry events or join relevant online forums to gain insights and make connections that could help you stand out.
✨Tip Number 3
Prepare to discuss your experience with claims handling and procurement processes in detail. Be ready to share specific examples of how you've successfully managed insurance claims or negotiated contracts in previous roles.
✨Tip Number 4
Stay updated on current trends in the insurance market and be prepared to discuss how these trends could affect the council's insurance strategy. Showing that you are proactive about industry developments can impress potential employers.
We think you need these skills to ace Insurance Manager - Finance
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Insurance Manager position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Tailor Your CV: Customise your CV to highlight relevant experience in insurance management, claims handling, and procurement processes. Use specific examples that demonstrate your ability to meet the requirements outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that addresses why you are a great fit for the role. Mention your understanding of the Council's needs and how your background aligns with their objectives, particularly in managing insurance policies and claims.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role of an Insurance Manager.
How to prepare for a job interview at 3M RESOURCING LTD
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and requirements of the Insurance Manager position. Familiarise yourself with the key duties such as claims handling, procurement of insurance policies, and compliance with the Insurance Act 2015.
✨Prepare Relevant Examples
Think of specific instances from your past experience where you successfully managed insurance claims or negotiated contracts. Be ready to discuss these examples in detail, highlighting your problem-solving skills and ability to work under pressure.
✨Stay Updated on Industry Trends
Research current trends and developments in the insurance industry. Being knowledgeable about recent changes can demonstrate your commitment to the field and your proactive approach to staying informed.
✨Ask Insightful Questions
Prepare thoughtful questions to ask the interviewers about the Council's insurance strategies and challenges. This shows your genuine interest in the role and helps you assess if the position aligns with your career goals.