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Construction Claims Specialist

2 months ago

Leicester, Leicester, United Kingdom Hays Specialist Recruitment Limited Full time
Construction Claims TechnicianAbout the Role

Our client, a leading insurance company based in Leicester, is seeking a skilled Construction Claims Technician to join their team. As a Construction Claims Technician, you will be responsible for investigating, examining, negotiating, and settling credit insurance claims. Your primary focus will be on construction claims made by subcontractors and suppliers, but you will also assess claims in other industries. Full training will be provided for candidates with prior construction experience or knowledge.

Key Responsibilities
  • Examine and assess submitted claims, making settlements within agreed authority schedules and specified timescales.
  • Set up, review, and pay claims using bespoke IT systems.
  • Record and monitor insolvency dates forming the claim event
  • Assess opportunities to mitigate losses and follow up with ongoing communication.
  • Analytically assess claims, applying judgement to uncertified applications and final accounts.
  • Calculate reserves and input data into the claim's system.
  • Confirm insolvency events, collect loss information, and record it.
  • Liaise with Insolvency Practitioners and external stakeholders.
  • Identify fraudulent claims.
  • Attend creditors' meetings, assist with proof of debt and proxies, and follow up on dividends.
  • Report concerns to Risk/Underwriters for limit/cover reviews.
  • Inform management of potential large losses and record them on the department's tracking spreadsheet
  • Handle general email and telephone queries.
Requirements

To be successful in this role, you will need to have a strong understanding of construction claims and insurance principles. You will also need to be able to work independently and as part of a team, with excellent communication and analytical skills. If you have prior experience in construction or a related field, you will be well-suited to this role. Full training will be provided for candidates with prior construction experience or knowledge.

What We Offer

We offer a competitive salary and benefits package, as well as opportunities for professional development and growth. If you are a motivated and detail-oriented individual with a passion for construction claims, we encourage you to apply for this exciting opportunity.

Language: English

Location: Leicester

Job Type: Full-time

Salary: Competitive

Experience: 1-2 years (dependent on experience)

Education: Degree in a related field

Skills: Construction claims, insurance principles, analytical skills, communication skills

Work Environment: Office-based

Work Schedule: Monday to Friday, 9am-5pm

Benefits: Competitive salary, benefits package, professional development opportunities

How to Apply: If you are interested in this role, please submit your application, including your CV and a cover letter, to [insert contact information].

Equal Opportunities: We are an equal opportunities employer and welcome applications from all qualified candidates.

Disclaimer: We reserve the right to close this vacancy at any time, and we are not responsible for any damage caused by viruses or other malicious software that may be transmitted through emails or other electronic communication.