At a Glance
- Tasks: Manage insurance programmes, handle claims, and provide guidance on insurance matters.
- Company: REED helps people find jobs and supports good causes through the Reed Foundation.
- Benefits: Enjoy hybrid working, competitive pay, and the chance to make a social impact.
- Why this job: Join a mission-driven team and gain valuable experience in the insurance field.
- Qualifications: Must have insurance experience, knowledge of claims handling, and relevant qualifications.
- Other info: This is a temporary role for up to 6 months with police vetting required.
The predicted salary is between 42000 - 46000 £ per year.
Our mission is simple… to help the world Love Mondays. Every week, thousands of people across the UK start a new job – and it’s our job to help them get there.
REED is a specialist provider of permanent, contract, temporary and outsourced recruitment solutions. We are recruiting for an Insurance Officer to join a team based in Eastleigh to develop and manage the insurance/risk finance function of the organisation, liaising with the Lead Solicitor, Deputy Solicitor and the Strategic Risk Manager.
Key responsibilities:- To manage the administration of the organisation’s insurance/risk finance programme, including effecting necessary changes, providing advice and guidance to personnel on insurance matters and promoting awareness.
- To manage the purchase of external insurance cover and related services with regard to EC Directives, Standing Orders on Contracts and the Procurement Policy, in order to ensure that the scope of cover meets organisational requirements.
- To achieve best value in insurance provision by arranging specifications, negotiating terms, conditions and premiums and assessing the suitability of policies.
- To manage the claims handling processes, from notification to settlement, including investigating claims and determining liability.
- To manage and analyse any internal fund provision, producing statistical and financial reports.
- To provide general advice on matters of insurance, including assessing the suitability of contractors’ insurance details, where required.
- Education: Associate of the Chartered Insurance Institute.
- Extensive practical work experience in the insurance field, including claims handling.
- Comprehensive knowledge of insurance claims and administration.
- Sound knowledge of insurance law and associated contracts.
- Experience of insurance management within the public sector.
- Experience of using computerised claims handling systems.
This is a temporary role for up to 6 months, working full-time, paying between £20.09 - £21.20 per hour PAYE. Hybrid working arrangements are in place for this role. All roles are subject to strict police vetting and right to work checks.
18% of the business is owned by the Reed Foundation, which supports good causes around the world. Set up by Sir Alec Reed in 1985, it’s the driving force behind all of REED’s philanthropic activities. The Foundation provides funding for a number of charities, channelled via the Big Give, the online donation platform that allows donors to discover and donate to projects of interest.
Insurance Officer employer: Reed
Contact Detail:
Reed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Officer
✨Tip Number 1
Familiarise yourself with the specific insurance laws and regulations relevant to the public sector. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with professionals in the insurance field, especially those who have experience in claims handling and risk management. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with computerised claims handling systems. Be ready to share specific examples of how you've used these systems effectively in past roles, as this is a key requirement for the position.
✨Tip Number 4
Research REED and their philanthropic activities through the Reed Foundation. Understanding their mission and values can help you align your answers during the interview and show that you're genuinely interested in the organisation.
We think you need these skills to ace Insurance Officer
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and required skills for the Insurance Officer position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise your extensive practical work experience in the insurance field, particularly in claims handling and insurance management within the public sector. Use specific examples to demonstrate your expertise.
Showcase Your Qualifications: Mention your education, especially if you have an Associate of the Chartered Insurance Institute. This will help establish your credibility and knowledge in the insurance domain.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are passionate about the role and how you can contribute to the organisation's mission. Make sure to address any specific points mentioned in the job description.
How to prepare for a job interview at Reed
✨Know Your Insurance Basics
Make sure you brush up on your knowledge of insurance law and claims handling. Being able to discuss these topics confidently will show that you have the expertise needed for the role.
✨Demonstrate Your Negotiation Skills
Since the role involves negotiating terms and premiums, prepare examples from your past experiences where you successfully negotiated contracts or resolved disputes. This will highlight your ability to achieve best value in insurance provision.
✨Familiarise Yourself with the Organisation
Research REED and its mission to help people love Mondays. Understanding their values and how they operate will allow you to tailor your answers and demonstrate your alignment with their goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding claims handling and risk management. Prepare to discuss specific scenarios where you had to investigate claims or manage risks effectively.