At a Glance
- Tasks: Lead investigations into financial crime and manage fraud referrals.
- Company: Top-performing specialty insurer in the Lloyds Market.
- Benefits: Competitive salary, flexible working, and professional development opportunities.
- Other info: Join a dynamic team with opportunities for growth and learning.
- Why this job: Make a real impact by tackling financial crime and enhancing security.
- Qualifications: Experience in insurance investigations and strong industry knowledge required.
The predicted salary is between 70000 - 90000 £ per year.
6 month-FTC £70,000/ £90,000 (pro rata for 6 months) London (City) - 3 days per week in office. Financial Crime (Investigations) Specialist opportunity working with a top performing specialty insurer operating within the Lloyds Market. You will play a key role in handling referrals involving detected fraud or suspicious activity; lead investigations, identify control gaps, recommend remedial actions and external reporting, and provide regular reports and oversight to senior management and committees.
Key Responsibilities
- Support the Senior Financial Crime Officer in managing financial crime referrals, including suspected fraud and money laundering.
- Lead investigations, maintaining case files, the Fraud Log, and reporting progress to senior management.
- Prepare Suspicious Activity Reports (SARs) and other external regulatory filings where required.
- Provide investigation guidance and training to first-line teams and recommend remedial actions where fraud is suspected or confirmed.
- Maintain and enhance the Fraud Log and review SIRA alerts, investigating suspicious activity through to resolution.
- Produce MI reports on case status and outcomes for senior management and committees, including FCCC.
Key Skills and Experience
- Insurance Investigative experience essential (investigations qualifications advantageous).
- Advanced insurance industry knowledge essential.
Financial Crime Specialist (Investigations) employer: Weareedenbrook
Join a leading specialty insurer in the heart of London, where you will be part of a dynamic team dedicated to tackling financial crime. With a strong emphasis on employee development and a collaborative work culture, this role offers the chance to make a significant impact while enjoying a competitive salary and flexible working arrangements. Benefit from ongoing training opportunities and the chance to work alongside industry experts in a supportive environment that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Specialist (Investigations)
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and financial crime sectors. LinkedIn is your best mate here – connect with industry professionals, join relevant groups, and don’t be shy about asking for informational chats.
✨Tip Number 2
Prepare for interviews by brushing up on your investigative skills. Be ready to discuss specific cases you've worked on, how you handled fraud referrals, and what remedial actions you recommended. Show them you know your stuff!
✨Tip Number 3
Don’t forget to showcase your knowledge of regulatory requirements. Being able to talk about Suspicious Activity Reports (SARs) and how you’ve managed compliance will set you apart from the crowd. Make it clear you’re on top of the game!
✨Tip Number 4
Apply through our website! It’s the easiest way to get your application noticed. Plus, we love seeing candidates who take that extra step to engage directly with us. Let’s get you that Financial Crime Specialist role!
We think you need these skills to ace Financial Crime Specialist (Investigations)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Crime Specialist role. Highlight your investigative experience and any relevant qualifications that align with the job description. We want to see how your skills fit perfectly with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about financial crime investigations and how your background makes you the ideal candidate. Keep it engaging and relevant to the role – we love a good story!
Showcase Your Achievements:When detailing your experience, don’t just list your duties. Instead, showcase your achievements in previous roles, especially those related to fraud detection and investigations. We’re keen to see how you’ve made an impact in your past positions!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application directly and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Weareedenbrook
✨Know Your Financial Crime Basics
Make sure you brush up on the fundamentals of financial crime, especially fraud and money laundering. Understand the key regulations and how they apply to the insurance industry. This will show your interviewers that you're not just familiar with the role but also passionate about it.
✨Prepare for Scenario Questions
Expect to be asked about specific scenarios related to investigations. Think of examples from your past experience where you've successfully handled suspicious activity or fraud cases. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Showcase Your Reporting Skills
Since you'll be preparing Suspicious Activity Reports (SARs) and MI reports, be ready to discuss your experience in report writing. Bring examples of reports you've created in the past and be prepared to explain how you ensure accuracy and clarity in your documentation.
✨Demonstrate Team Collaboration
This role involves working closely with senior management and first-line teams. Be prepared to talk about how you've collaborated with others in previous roles, particularly in training or guiding teams through investigations. Highlight your communication skills and ability to work as part of a team.
