Mitigation Claims Handler
6 days ago
My client, an insurance company based in Sevenoaks is recruiting for a Mitigation Claims Handler. MUST come from an insurance or financial background.
Purpose of the Role:
- To mitigate indemnity spend of Third Party Credit Hire and Property Damages claims by Pro
- actively managing a portfolio of motor claims from allocation through to settlement.
- Monitor claims involving credit hire, ensuring all actions are taken to mitigate our exposure, including identifying cases where we can intervene and settle the third party’s claim direct to reduce overall hire duration.
Key Responsibilities:
- Validate all claims for indemnity and fraud.
- Accurately assess liability.
- Contact all potential claimants or representatives in a timely manner to establish our exposure to
ongoing hire, ensuring that key information is obtained and updated on the claim file.
- Identify cases where intervening on vehicle losses will reduce our overall exposure, utilising
resource of specialist inhouse motor engineers.
- Ensure indemnity spend is minimized by commercial decision making.
- Proactive diary management to monitor and progress live hire cases.
- Accurate quantum assessment of claims presented using the relevant tools available to assist.
- Application of accurate reserves in line with company guidelines.
- Any other Ad hoc task as the needs of the business dictate
Critical Competencies:
- Persuasive, strong and confident communicator.
- Ability to use own initiative to explore all options to achieve the best outcome for the business.
- Motivated self-starter.
- Ability to work as part of a team.
Basic salary £21-£27k + £1.5k bonus
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