At a Glance
- Tasks: Lead fraud investigations and ensure compliance across London Market claims.
- Company: Dynamic insurance firm focused on combating fraud in a collaborative environment.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Join a fast-paced team dedicated to innovation and excellence in fraud detection.
- Why this job: Make a real impact in fraud prevention while working with industry experts.
- Qualifications: Proven experience in fraud investigation and strong stakeholder management skills.
The predicted salary is between 60000 - 80000 £ per year.
A Special Investigations Unit (SIU) Manager – London Market is accountable for leading and embedding an effective SIU capability across London Market claims, overseeing direction and delivery of fraud investigation activity, ensuring suspected fraudulent claims are identified early, investigated thoroughly, and managed in line with regulatory, legal, and market expectations. The role plays a critical part in strengthening fraud resilience across complex, high‐value, and multi‐jurisdictional London Market claims, working closely with Claims, Underwriting, Legal, Compliance and external partners to maintain consistent, high‐quality outcomes.
You will interact with senior stakeholders across the organisation, influencing others, and critical thinking will be key to overcoming challenges.
Key Responsibilities- Lead and manage London Market SIU activity, ensuring timely, proportionate, and effective investigation of suspected fraudulent claims.
- Oversee SIU case triage, allocation, and prioritisation in line with fraud risk, claim value, and complexity.
- Maintain oversight of SIU workload, capacity, and investigation quality across internal teams and third‐party providers.
- Lead the identification and investigation of complex fraud typologies relevant to London Market business, including multi‐party, cross‐border, and organised fraud risks.
- Develop and embed fraud indicators and investigative approaches aligned to London Market classes and claim profiles.
- Support the continuous improvement of fraud detection, referral, and investigation processes across Claims.
- Act as the senior SIU point of contact for London Market Claims, Legal, Compliance, Underwriting, and senior leadership.
- Build and maintain strong working relationships with external stakeholders including SIU vendors, law enforcement, regulators, market bodies and industry counterparts.
- Ensure SIU activity complies with regulatory requirements, fraud legislation, data protection standards and internal governance frameworks.
- Provide training and guidance to the London Market business units on fraud detection best practices.
- Produce accurate, timely and relevant management reporting of the success of the counter‐fraud strategy.
A highly experienced London Market fraud professional with a proven track record of leading and developing SIU operations within complex commercial insurance environments, recognized for strong investigative expertise, sound judgement and the ability to influence senior stakeholders across Claims, Legal, Compliance and Underwriting to deliver effective, proportionate, and compliant fraud outcomes across high‐value, multi‐jurisdictional environments.
Desirable Skills and Experience- Proven experience leading or managing an SIU or fraud investigation function within insurance covering London Market or specialty commercial lines.
- Deep understanding of insurance fraud typologies, investigative techniques, and referral models relevant to complex and specialty risks.
- Experience overseeing high‐value and complex claims investigations, including multi‐party, cross‐border or organised fraud cases.
- Strong working knowledge of regulatory and legal frameworks relating to insurance fraud, data protection, and claims handling.
- Demonstrable experience managing third‐party SIU vendors, including performance oversight, quality assurance and cost control.
- Ability to interpret and use fraud data, MI and analytics to support investigation strategy and decision‐making.
- Experience contributing to governance, audit or regulatory reviews relating to fraud or claims controls.
- Background in delivering or supporting fraud awareness and training for claims handlers and business stakeholders.
- Professional fraud or investigation qualifications (e.g. CIFA, FCLS/FCLA or equivalent).
- Ability to effectively communicate with all stakeholders across the business.
- Ability to prioritise and take ownership of tasks.
- A team player who is also able to work independently to deliver in a fast‐paced environment.
Special Investigations Manager - Claims Fraud in London employer: Hiscox Underwriting Group Services Ltd (HUGS)
As a leading player in the London Market, our company offers an exceptional work environment that fosters collaboration and innovation. With a strong focus on employee development, we provide comprehensive training and growth opportunities, ensuring that our team members are equipped to tackle complex fraud challenges. Our hybrid working model promotes a healthy work-life balance, while our commitment to regulatory compliance and high-quality outcomes makes us a trusted partner in the industry.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Special Investigations Manager - Claims Fraud in London
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We think you need these skills to ace Special Investigations Manager - Claims Fraud in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hiscox Underwriting Group Services Ltd (HUGS).
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hiscox Underwriting Group Services Ltd (HUGS). Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Hiscox Underwriting Group Services Ltd (HUGS)
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hiscox Underwriting Group Services Ltd (HUGS) to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Hiscox Underwriting Group Services Ltd (HUGS), they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
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Understanding Hiscox Underwriting Group Services Ltd (HUGS)'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.