Counter Fraud Motor - Referral Lead

at  Direct Line Group

Leeds, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate23 Jan, 2025Not Specified24 Oct, 20242 year(s) or aboveGood communication skillsNoNo
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Description:

Responsibilities:

  • Deliver Counter Fraud benefit by identifying and investigating insurance fraud and undertaking investigations to validate or substantiate concerns.
  • Effective portfolio management, including proactive review of new work and conversion to detected benefit, whilst ensuring SLA’s and the lifecycle of cases are kept within process guidelines.
  • Demonstrate all cases adhere to legislation and risk regulations set internally and by external governing bodies.
  • Management of customer expectations, including enquiries into indemnity, liability and updating them appropriately throughout the lifecycle of an investigation.
  • Demonstrate capability in preventing and detecting insurance fraud, with the ability to effectively manage potential outcomes including, but not limited to; cancellation, voidance, repudiation, negotiating settlement, litigation and recovery.
  • Mitigate spend and control the cost of investigations by identifying threats, leakage and where appropriate referring to senior staff members. Have knowledge, understanding and control of file reserving when required.
  • Provide advice, guidance and direction to relevant key stake holders including, but not limited to; Underwriting, Customer Relations, AML, Internal investigations, Bodily Injury, Motor Claims, Home Claims and Technical and Large Loss to maximise fraud detection opportunities.
  • Understand the balance between preventing fraud and treating our customers fairly, removing innocent parties from the process at the earliest opportunity and minimising avoidable complaints.
  • Role model effective portfolio management and be skilled at handling complex cases.
  • Effectively manage and control fraud rings, ensuring adherence to agreed strategic approach and outcomes.
  • Technical referral point for team members and the wider department, sharing industry updates, providing coaching, mentoring, signing off key decisions, undertaking quality reviews.


REQUIREMENT SUMMARY

Min:2.0Max:7.0 year(s)

Insurance

Banking / Insurance

Insurance

Graduate

Proficient

1

Leeds, United Kingdom