Fraud Investigator
- Recruiter
- Alexander Lloyd Ltd.
- Location
- England, Surrey, Redhill
- Salary
- £20455 per annum
- Posted
- 21 Apr 2017
- Closes
- 28 Apr 2017
- Ref
- 40618
- Contact
- Gary Longmate
- Job Title
- Financial Risk
- Category
- Insurance
- Experience Levels
- Manager
- Contract Type
- Permanent
- Hours
- Full Time
One of the UK's leading providers of Motor and Home insurance products.
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.