At a Glance
- Tasks: Ensure financial and regulatory controls are effective while collaborating on impactful projects.
- Company: Join a leading property casualty insurer with a culture of innovation and collaboration.
- Benefits: Enjoy competitive salary, private medical insurance, generous holiday entitlement, and wellness programmes.
- Why this job: Make a real impact in the insurance industry while developing your skills in a supportive environment.
- Qualifications: University degree or equivalent experience, with a focus on financial control or risk management.
- Other info: Flexible hybrid work arrangements and opportunities for community involvement through volunteering.
The predicted salary is between 40000 - 50000 £ per year.
Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
What Is the Opportunity? We are recruiting for a Claims Control Consultant to join our team based in Redhill, London or Manchester. In this role you will play a pivotal role in ensuring the effectiveness of financial and regulatory controls across all lines of business! As a key player in managing and implementing critical projects within Claim Europe, you'll drive success by tracking outcomes, delivering key metrics, and collaborating closely with stakeholders to enhance processes and quality. Lead and participate in audits, provide actionable insights, and implement improvements that make a real impact. Support our Global Offshore team, ensuring top-notch service and cost efficiency, while delivering comprehensive training and feedback. You will provide support for corporate and external audits, delivering timely, accurate reports, and providing operational support to keep our Claims Department running smoothly.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
What Will You Do?
- Foster and develop good working relationships with business partners within the Claims department, our Global Off-Shore Team and wider business.
- Assist the Claim Controls Manager in the successful implementation of the financial controls and risk management environment, e.g., Sarbanes-Oxley compliance and Financial Self-Assessment (FSA) framework.
- Ensure that monthly exception reports are created, validated, shared and completed ensuring deadlines are met.
- Work closely and manage the day-to-day activities of our offshore team, track quality and improve efficiencies in the process.
- Provide feedback and support to offshore Management Team and internal Claim Management Team.
- Develop, document, and deliver training programme to our offshore team, track the results with effective oversight of quality programme and error rates.
- Project work – work on and deliver ad-hoc projects, deliver them to the wider claim audience.
- Be recognised as a point of contact for quality or risk management queries through effective engagement.
- Assist in the provision and trending of key management metrics.
- To be jointly accountable for innovation in the delivery of operational services by continuously reviewing processes and when appropriate making recommendations to enhance the service to our customers and business partners.
- Take personal responsibility for allocating yourself strictly where it will provide the greatest impact.
- Consider cost benefit approach to business decisions.
- Provide operational support to both onshore and offshore teams, like storing of evidence, Best Practices, ad hoc operational reports.
- When developing new processes or recommending the delivery of new services identifying the key points for measuring any expected improvement.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- University degree or equivalent level of education or work experience.
- Advanced formal financial education preferred.
- Financial control or risk management experience preferred.
- Advanced knowledge of Microsoft Excel, Macros etc. preferred of a willingness to progress skills.
- Basic knowledge of Word and PowerPoint.
- Basic knowledge of Workstation, I90, Openbox+ and Lloyd's claims systems is preferred.
- Experience in auditing claim files/practices preferred.
- Intermediate Change Management: Uses effective strategies to facilitate organisational change initiatives and overcome resistance to change.
- Intermediate Problem Solving & Decision Making: Is skilled at analysing problems and making clear decisions.
- Basic Influencing, Leadership, Power Good at inspiring and promoting a vision; able to persuade and motivate others; skilled at influencing superiors; delegates effectively.
- Results Orientation: Aligns resources to accomplish key objectives; assigns clear accountability for important objectives.
- Intermediate Business Perspective: Understands the perspectives of different functional areas in the organisation; has a firm grasp of external conditions affecting the organisation.
- Intermediate Understanding & Navigating the Organisation (Includes Collaboration) Understands the political nature of the organisation and works appropriately within it; effectively establishes collaborative relationships and alliances throughout the organisation.
- Technical Proficiency: Skilled in the ability to prepare and present data using different forms of software. Comfortable with newer and emerging technology and tools.
- Intermediate Communication: Excellent written and oral communication skills. Effectively articulates financial/accounting/ expense reporting issues to team members, customers, management, and external parties.
What is a Must Have?
- Technical claims/ quality management experience in the Insurance Industry with a strong understanding of UK Claims and practices.
- Good knowledge of accounting practices and finance principles.
- Experience working in Excel, Word and PowerPoint.
- General understanding of insurance products.
- Willing to be open to and implement change.
- Excellent Presentation Skills.
What Is in It for You?
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
Claims Control Consultant in London employer: SPE Travelers Management, LTD
Contact Detail:
SPE Travelers Management, LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Control Consultant in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Travelers on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by researching common questions for Claims Control Consultant roles. Think about how your skills align with the job description and be ready to share specific examples of your past experiences.
✨Tip Number 3
Show off your passion for the insurance industry! During interviews, express your enthusiasm for financial controls and risk management. Let them know you’re excited about making a real impact in their team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Travelers family.
We think you need these skills to ace Claims Control Consultant in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Claims Control Consultant role. Highlight your relevant experience in financial controls and risk management, and don’t forget to mention any auditing experience you have!
Showcase Your Skills: We want to see your technical skills shine! Be sure to include your proficiency in Excel and any experience with claims systems. If you've got advanced knowledge or are willing to learn, let us know!
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and structure your thoughts logically. We appreciate a well-organised application that gets straight to the point!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at SPE Travelers Management, LTD
✨Know Your Stuff
Make sure you brush up on your knowledge of financial controls and risk management, especially in relation to the insurance industry. Familiarise yourself with key terms like Sarbanes-Oxley compliance and Financial Self-Assessment frameworks, as these will likely come up during your interview.
✨Showcase Your Skills
Be ready to demonstrate your proficiency in Microsoft Excel and any other relevant software. Prepare examples of how you've used these tools in past roles, particularly in tracking metrics or managing projects. This will show that you're not just familiar with the tools, but that you can leverage them effectively.
✨Build Relationships
Since this role involves collaboration with various teams, think about how you can highlight your relationship-building skills. Share specific examples of how you've successfully worked with stakeholders in the past, and be prepared to discuss how you would foster good working relationships in this new role.
✨Prepare for Change Management Questions
Given the emphasis on change management in the job description, prepare to discuss your experience with organisational change. Think of a time when you helped implement a change and how you overcame resistance. This will demonstrate your ability to navigate and lead through transitions.