At a Glance
- Tasks: Assist in data extraction, analysis, and claims management for UPS International Insurance.
- Company: Join a Fortune Global 500 organisation with a focus on innovative possibilities.
- Benefits: Enjoy a company pension scheme, private healthcare, and discounts at major retailers.
- Other info: Flexibility to work from home once a week.
- Why this job: Gain hands-on experience in the insurance industry with managerial level exposure.
- Qualifications: A degree in a financial or business discipline is preferred; insurance experience is a plus.
The predicted salary is between 40000 - 50000 £ per year.
Explore your next opportunity at a Fortune Global 500 organization. Envision innovative possibilities, experience our rewarding culture, and work with talented teams that help you become better every day. We know what it takes to lead UPS into tomorrow—people with a unique combination of skill and passion. If you have the qualities and drive to lead yourself or teams, there are roles ready to cultivate your skills and take you to the next level.
The Risk Management team oversees the management of insurance programs outside of the US and Canada including management of the UPS International Insurance company, which provides insurance services for United Parcel Service Inc. and its subsidiaries. One of the main purposes of the team is to ensure risks are mitigated and managed effectively to help decrease costs of accidents and claims against UPS companies.
What's in for you:
- Excellent career opportunities driven by our promotion from within policy
- A company pension scheme, holiday pay, discounts at major retailers (e.g., Apple, cinemas) and attractions (e.g., Alton Towers, The London Eye) and many more benefits
- Private healthcare (AXA) for employees. Additional family cover can be arranged at a cost
- Life Assurance of 3x Gross Basic Salary
- Employee Assistance Programme
- An opportunity to gain valuable hands-on industry experience with a Fortune 500 company
- Managerial level meetings experience and networking opportunities
- Exposure to the insurance industry and the claims litigation process
- Flexibility to work from home on any chosen day of the week, once a week
What will you do?
- Assistance in the completion of monthly data extraction, analysis, and reporting tasks (e.g. on claim numbers, financials, and trends), working with a Risk Management Assistant
- Assisting with claims analysis leading towards presentations relating to accident prevention and accountability, and the continued development of ad-hoc Risk Management reports to this end
- Data collection, verification and presentation for Region and Corporate Risk Managers
- Assisting with Claims Management for the Europe Region; including data extraction and claims analysis
- Responsible for approval of UPS International Insurance claim payments
- Completing on site audits on third party service providers throughout Europe to ensure claims are handled to the standard expected and working with providers to improve processes
- Maintaining and updating the Risk Management departmental procedures relating to all activities above
- Advising various departments on liability and insurance wording in contracts
- Working with outside counsel and claims handlers on claims tactics and resolutions
- Managing month end tasks, working with the external Captive Management company and internal accountants
- Managing premium renewal processes for UPS International Insurance policies
- Working with external brokers on global insurance programs
Who are you?
Knowledge & Experience:
- A degree in a relevant financial or business discipline is preferred but not essential
- Experience with insurance claims and programs is preferred but not essential
- Potential to develop strong project management, communication (written and oral), interpersonal and networking skills
- Proficient PC skills: Excel, PowerPoint, and Word
- Ability to manipulate and analyse data using common programs, plus the initiative to create and explore potential routes of enquiry and develop these to the point where they can be presented and discussed within the Risk department and other UPS departments
Must-haves:
- Self-starter, self-motivated and highly productive individual
- Willingness to develop a rapid understanding of business processes and use data to develop meaningful analyses of these
- Strong interpersonal skills needed to communicate with both systems and business minded individuals
- Ability to work effectively with both internal colleagues and external suppliers
- Excellent communication skills to overcome language and cultural barriers while regularly working with colleagues across the globe
- Strong multitasking ability needed to facilitate multiple projects and daily ad hoc requests
UPS is committed to a policy of treating individuals fairly and recruiting, selecting, training, promoting and compensating based on merit, experience and other work-related criteria. We do not discriminate against any applicant based on age, race, religion, sex, disability, sexual orientation or gender identity.
Employee Type: Permanent
UPS is committed to providing a workplace free of discrimination, harassment, and retaliation.
Risk Management Supervisor in Woking employer: UPS
UPS offers excellent career opportunities with a promotion-from-within policy. Located globally, they provide private healthcare and a supportive environment for professional growth. The Risk Management team plays a crucial role in mitigating risks and managing insurance programs effectively.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Management Supervisor in Woking
✨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 UPS). 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 UPS. 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 Risk Management Supervisor in Woking
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 UPS.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at UPS. 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 UPS
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at UPS 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 UPS, 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 UPS'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.