At a Glance
- Tasks: Recover high-value credit hire invoices and negotiate settlements with insurers.
- Company: Dynamic claims firm expanding rapidly in the industry.
- Benefits: Basic salary plus monthly bonuses up to £750, with career growth opportunities.
- Other info: Fast-paced environment with a focus on personal development and success.
- Why this job: Join a team where your negotiation skills can make a real difference.
- Qualifications: Experience in credit hire recovery and strong negotiation skills required.
The predicted salary is between 30000 - 40000 £ per year.
Spotlightjobs are working with a claims firm and due to their continued expansion, my client is looking to recruit a Recoveries Handler to join their team and play a critical role in securing settlements for their credit hire invoices.
Role Overview
As a Recoveries Handler, you will be responsible for recovering credit hire invoices under commercial hire agreements and the GTA (General Terms of Agreement). You will work closely with insurers, negotiating settlements, managing aged debt, and escalating cases through the litigation process when necessary. Given the high-value nature of their clients' vehicles, this role requires a self-starter with a resilient and determined mindset, as well as strong knowledge of credit hire recovery and the GTA.
Basic monthly salary plus monthly bonus up to £750 per month
Key Responsibilities
- Recover high-value credit hire invoices from insurers and at-fault parties in line with commercial hire agreements and the GTA.
- Prepare and submit invoices to insurers, ensuring accuracy and compliance with regulations.
- Negotiate settlements on high-performance vehicle claims, ensuring optimal recovery outcomes.
- Proactively chase aged debt, ensuring timely payments and reducing outstanding balances.
- Escalate cases to litigation where necessary, working with solicitors and legal teams to pursue recovery.
Motor Claims Handler employer: Spotlightjobs
Join a thriving insurance provider that values ambition and offers a vibrant work culture where your success is celebrated. With a focus on employee growth, you will benefit from comprehensive training and the opportunity to earn lucrative bonuses based on your performance. Located in a fast-paced environment, this role provides a unique chance to engage with customers directly, ensuring that your contributions are both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Motor Claims Handler
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Spotlightjobs). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Spotlightjobs. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Motor Claims Handler
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 Spotlightjobs.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Spotlightjobs. 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 Spotlightjobs
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Spotlightjobs to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
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 Spotlightjobs, 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.
✨Know the Company Culture Inside Out
Understanding Spotlightjobs'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.
