Junior Costs Negotiator
2 weeks ago
Description To assess and settle claims for costs and to deal with all procedural aspects up to agreement or assessment.
It is important that the job holder can quickly review files & formulate initial costs strategy, provide comprehensive advice to clients, commence early telephone negotiations with other side and liaise, as required, with Insurers throughout the life of the file.
You need to be able to build strong working relationships with both your colleagues in Costs and with the wider business.
This is an exciting opportunity for a junior costs handler, who has a base knowledge of cost handling and negotiation and is looking to develop their career and take the next step.
Full training and supervision will be provided, therefore extensive costs experience is not required.
Key Accountabilities Setting strategies and negotiating costs up to £50K - expected FA £25K Drafting the following documents: Chronology Costs Strategy Document Points of Dispute Interlocutory applications (basic) Part 18 requests Consent orders Evidential Reviews and Assessments Carrying out detailed review of file and preparing chronology Assessing claim for costs and setting strategy/reserves Assessing replies Reviews of incoming disclosure and documentary evidence Referral for supervision Assessing outcome of PA Reporting Drafting advice on NDA files to client.
Preparing outcome reports once the case has concluded Preparing non-strategic updates to client on cases assisting lead on Settlement Negotiations Assessing part 36 offers/other settlement proposals Negotiation with third party Completing MI; payment request and outcome report to client To ensure compliance with the SRA Standards & Regulations Experience, Skills and Qualifications English & Maths GCSE grade A to C/Level 5 or equivalent IT literate (Microsoft Office) Organisational skills particularly the ability to prioritise and multitask Interpersonal skills Oral communication - Experience of costs negotiation and setting negotiation strategies Customer services skills Ability to work as part of a team Ability to work independently Ability to take initiative Attention to detail.
Drafting of costs legal documents, including PODs and applications An understanding of client needs/requirements Good knowledge of litigation and costs process Proficient use of a case management system Desirable Legal office experience Use of a Case management system Degree/Equivalent experience/qualification Benefits Davies Incentive Plan 25 days holiday per year which increases with level of service (opportunity to buy & sell 3 days) Simply Health Care Cash Plan WeCare – 24/7 online GP, mental health support and virtual wellbeing covering a whole host of topics to do with health, mental health, wellbeing & healthy living and financial & legal wellbeing Death In Service – after 1 years' service Pension Contribution based 5% Employee / 3% Employer Cycle to Work Scheme* Tech Scheme* Season Ticket Loan* Gym Flex* Access to Online Discount Sites Discounted Gourmet Society Membership Discounted Tickets for Merlin Attractions nationwide Discounts at local retail outlets *after successfully completing probation We are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses.
We help our clients to manage risk, operate their core business processes, transform and grow.
We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.
Our global team of more than 6,500 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service.
Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.
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