One of the UK's leading providers of Motor and Home insurance products. JOB DETAILS
The key function of this role is to identify cases of potential fraud in our insurance products, through the use of the SIRA detection system and other means of notification.
Fraud prevention has overall responsibility for the management of internal and external fraud risk. This specifically includes the identification, implementation and day-to-day management of fraud prevention and detection techniques. The Fraud Investigator will assume responsibility for the day-to-day investigation of fraud exception reports relating to fraud by customers and external parties.
The Fraud Prevention Team will be reviewing approximately 4,000 suspected fraudulent transactions each month. You will manage an ongoing caseload of between 60-100. You will also deal with enquiries or investigation referrals from other departments or external parties.
You will engage with a variety of business areas including Claims, Customer Accounts, Risk & Underwriting and Customer Services along with external sources at other insurers and financial organisations.
The role requires an individual with a good understanding of how to identify fraud. You should be able to manage a high volume of cases and take an analytical and methodical approach to your work. You will need to have previous experience within a FCA regulated business and ideally understand fraud processes and/or financial crime. Those with a financial crime focused qualifications (professional/academic) may be considered without actual hands on experience. You should be able to think on your feet and be a strong team player but equally work autonomously with ease.
This is an excellent opportunity to take a foothold in an established and successful insurance business. You will join a warm, friendly and professional team and really excel in your role. The business provides a great working environment and there will be further opportunities to grow and develop professionally and shape your own career path.
Please quote 40618 when calling Alexander Lloyd on 01293 572900 and ask for our Pensions and Benefits division. This is only one of many vacancies we are handling. Alexander Lloyd is a specialist within Financial Services recruitment. Areas of expertise include Compliance Directors, CF10/11, Risk Frameworks, Monitoring, Advisory, Policy, T&C, Quality Assurance/ File Review, AML/KYC etc across the entire financial services sector including investments, banking and insurance. We predominately focus on London, Surrey, Sussex and Kent, although we have also been highly successfully in offering national solutions. Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please continue to check our website www.alexanderlloyd.co.uk for any other roles which may be of interest.