Finance Professional

Finance Professional

Preston Full-Time No home office possible
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At a Glance

  • Tasks: Manage insurance services, claims, and procurement for the Council.
  • Company: Join Colbern Limited, a forward-thinking employer offering diverse opportunities.
  • Benefits: Earn £19.66 per hour with potential for flexible working arrangements.
  • Why this job: Make a real impact on the Council's insurance strategies while developing your professional skills.
  • Qualifications: Experience in insurance management is essential; strong communication skills are a plus.
  • Other info: Apply by sending your CV; shortlisted candidates will be contacted within 5 days.

Insurance Manager – Financial Preston Contract £19.66 per hour Our client is looking for an experienced Insurance Manager – Financial. 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. PLEASE VISIT OUR WEBSITE FOR MORE OPPORTUNITIES colbernlimited co uk The first part of our recruitment process is to send your CV. Should you be short listed Colbern Limited will contact you within 5 days or we may contact you about other job opportunities. Colbern Limited along with our clients are an equal opportunities employer

Finance Professional employer: Colbern Limited

Colbern Limited is an excellent employer for Finance Professionals, offering a supportive work culture that prioritises professional development and employee growth. Located in Preston, the company provides competitive hourly rates and a comprehensive benefits package, ensuring that employees feel valued and empowered to excel in their roles while contributing to meaningful projects within the Council.
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Contact Detail:

Colbern Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Professional

✨Tip Number 1

Familiarise yourself with the latest developments in the insurance industry, especially those relevant to local councils. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in your field.

✨Tip Number 2

Network with professionals in the insurance sector, particularly those who have experience working with councils. Attend industry events or join online forums to connect with potential colleagues and gain insights into the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed insurance claims or procurement processes in the past. Highlighting your hands-on experience will set you apart from other candidates.

✨Tip Number 4

Research the council's current insurance policies and any recent claims they may have handled. Being informed about their specific needs and challenges will allow you to tailor your conversation and show that you're genuinely interested in the position.

We think you need these skills to ace Finance Professional

Insurance Knowledge
Claims Management
Contract Negotiation
Risk Assessment
Regulatory Compliance
Data Analysis
Communication Skills
Relationship Management
Attention to Detail
Problem-Solving Skills
Market Research
Report Writing
Project Management
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in insurance management and financial services. Emphasise your skills in handling claims, procurement of insurance policies, and compliance with legal requirements.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities outlined in the job description. Mention your proactive approach to managing insurance services and your ability to liaise effectively with various stakeholders.

Highlight Relevant Achievements: Include specific examples of past achievements related to insurance management, such as successful claims handling or cost-effective procurement strategies. Quantify your successes where possible to demonstrate your impact.

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 in the finance sector.

How to prepare for a job interview at Colbern Limited

✨Know Your Insurance Basics

Make sure you have a solid understanding of insurance principles, especially those relevant to the role. Brush up on the Insurance Act 2015 and be prepared to discuss how it impacts the Council's operations.

✨Demonstrate Your Claims Handling Experience

Be ready to share specific examples of your experience in handling insurance claims. Highlight any successful negotiations or strategies you've implemented that led to positive outcomes.

✨Showcase Your Relationship Management Skills

This role requires liaising with various stakeholders. Prepare to discuss how you've built and maintained relationships with insurers, brokers, and internal teams to ensure effective communication and collaboration.

✨Stay Updated on Industry Trends

Research current trends and developments in the insurance industry. Being knowledgeable about market changes will demonstrate your commitment to providing the best service and adapting to the Council's needs.

Finance Professional
Colbern Limited
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