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- Tasks: Negotiate costs and support the Legal Costs team to reduce external spending.
- Company: Join the Medical Protection Society, a leading not-for-profit protecting healthcare professionals worldwide.
- Benefits: Enjoy flexible hybrid working, competitive salary, annual bonus, and 25 days leave plus bank holidays.
- Why this job: Be part of a culture that values inclusivity, wellbeing, and career development while making a real impact.
- Qualifications: Strong communication skills, IT proficiency, and a solid understanding of the legal process required.
- Other info: Access to private medical cover, personal GP service, and shopping discounts from major retailers.
The predicted salary is between 36000 - 60000 £ per year.
Seek to internalise work and reduce the use of external third-party legal costs experts (including Costs Lawyers and Costs Counsel) ensuring a cost effective and efficient service in accordance with Contractual Terms. Support the Legal Costs team to reduce the financial expenditure in relation to external spend; Claimant Costs and Legal Spend. Negotiate lower value inter partes costs schedules and bills including preparation of Points of Dispute where necessary. Assisting with file closure process and ensuring prompt payment of bills.
The Ideal Candidate We are looking for:
- Good written and verbal communication skills.
- Used IT as an analytical and case management tool.
- Proven understanding of the legal process.
- Analytical and numerical skills.
Please view the role profile for the full list of essential and desirable criteria.
Package Description
- Up to 10% discretionary annual bonus.
- Annual performance-related pay review.
- 11% pension contribution (3% from you, 8% from us – optional additional matched 3% contributions, e.g. 6% from you, 11% from us).
- 25 days annual leave plus flexible bank holidays (option to buy/sell additional 5 days).
- Private Medical Cover.
- Career development and progression opportunities.
- A truly flexible hybrid-working arrangement.
- A culture that promotes inclusivity, wellbeing and rewards hard work.
- Car Salary Sacrifice scheme.
- 6x salary death in service.
- A personal GP service enabling you to get a video consultation with a NHS-registered private GP.
- Employee Assistance Programme.
- A range of shopping discounts from major high-street retailers.
About the Company Who We Are
Medical Protection Society (MPS) is the world’s leading protection organisation for Doctors, Dentists and healthcare professionals. We protect and support the professional interests of almost 300,000 Members around the world. We are a not-for-profit organisation, meaning our Members’ premiums are kept safe should our Members require support for complaints or claims arising from professional practice, or invested into bettering the organisation, our colleagues and our products. Our philosophy is to support safe practice in medicine and dentistry by helping to avert problems in the first place. We also actively campaign for regulatory and legal reforms that benefit Members and the wider healthcare professions. To do this, we need exceptional colleagues who are trusted and supported to deliver their best work, so we can continue to provide the most trusted, valued and expert protection to members when they need us the most.
Next Steps
If you are interested in finding out more, looking for a new role and want to join an organisation that truly values its employees, take a look at the role profile to find out more about the role to apply. Our Talent Acquisition team are always on hand should you have any questions, are having any technical issues or wish to understand how MPS can support you with your application and interview.
Costs Negotiator employer: Medical Protection Society
Contact Detail:
Medical Protection Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Costs Negotiator
✨Tip Number 1
Familiarise yourself with the legal costs landscape, especially regarding inter partes costs. Understanding the nuances of cost schedules and bills will give you an edge in negotiations and demonstrate your expertise during discussions.
✨Tip Number 2
Brush up on your analytical and numerical skills. Being able to interpret financial data and present it clearly will be crucial in your role as a Costs Negotiator, so consider practising with real-world examples or case studies.
✨Tip Number 3
Network with professionals in the legal costs field. Attend relevant seminars or webinars to connect with others in the industry, which can provide insights and potentially lead to referrals for job opportunities.
✨Tip Number 4
Prepare for potential interview questions by thinking about past experiences where you've successfully negotiated costs or resolved disputes. Having specific examples ready will showcase your skills and make you stand out as a candidate.
We think you need these skills to ace Costs Negotiator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the role of Costs Negotiator. Emphasise your analytical and numerical skills, as well as your understanding of the legal process.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your communication skills. Explain why you are interested in the position and how your background makes you a suitable candidate for the role.
Highlight Relevant Experience: In your application, focus on any previous roles or projects where you negotiated costs or managed legal expenditures. Provide specific examples that demonstrate your ability to reduce costs effectively.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Medical Protection Society
✨Showcase Your Communication Skills
As a Costs Negotiator, strong written and verbal communication skills are essential. Be prepared to discuss how you've effectively communicated complex legal concepts in the past, and consider bringing examples of your written work to demonstrate your proficiency.
✨Demonstrate Analytical Thinking
This role requires analytical and numerical skills. During the interview, be ready to explain how you've used these skills in previous positions, particularly in negotiating costs or managing budgets. You might even want to prepare a brief case study to illustrate your approach.
✨Familiarise Yourself with Legal Processes
A proven understanding of the legal process is crucial for this position. Brush up on relevant legal terminology and processes before your interview, and be prepared to discuss how your experience aligns with the legal aspects of cost negotiation.
✨Prepare Questions About Cost Management Strategies
Show your interest in the role by preparing insightful questions about the company's strategies for internalising work and reducing external costs. This demonstrates your proactive approach and genuine interest in contributing to their goals.
