Fraud Analyst

Recruiter
Reed Insurance
Location
Tunbridge Wells
Posted
10 Jan 2018
Closes
18 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
A new role has become available for a Fraud Intelligence Analyst to join my clients growing insurance business.

This will be based in Tunbridge Wells.


Responsibilities

Collate and validate intelligence and evaluate the reliability of sources and credibility of information
Undertake background enquiries and analysis on suspect motor claims/policies and fraud rings to build up an intelligence picture
Deliver information in formal reports
Prepare and submit IFED Referrals for Policy Fraud
Screening suspect motor policies and claims against known fraud indicators and other risk factors and thereafter identifying cases where analysis and investigation is required
Management of policy fraud rings, identifying wider exposure and taking action to prevent further exposure.
Analyse data using specialist data mining/fraud management software and a variety of desktop tools as well as various internet checks and databases to assist with profiling and to determine the direction of the investigation
Oversee and/or take part in system search trials and provide results to Policy Fraud Manager on the adverse results
Conduct Open Source Investigation to create Desktop Research Reports that will aid Investigators and be included as referrals to the IFB and IFED
Maintaining close links with teams within the Counter Fraud Department to ensure effective processes are in place for the co-ordination of cross divisional enquiries/operations
Assist in making sure the team is the hub of all Counter Fraud intelligence for a seamless process
Assisting with the production of Fraud Statistics, Management Information and Root Cause Analysis
Attending market intelligence forums to ensure awareness remains current and provide updates to the Intelligence Team and other areas of the business where relevant
Assist the Administrative staff in processing the incoming Intelligence as and when necessary
Developing and maintaining effective relationships with colleagues and business partners
Pro-actively managing personal training and development requirements
Responding promptly and pro-actively to incoming telephone calls and correspondence by use of telephone, e-mail and letter
Continuously promote and adhere to our Customer Charter promises and Visions & Value
Where applicable, to adhere to Company processes with regard to FCA compliance and Treating Customers Fairly
To ensure that DPA, FCA, TCF and other regulatory requirements are met.


A good understanding of insurance fraud would be an advantage.
They would consider graduates with a Fraud or Analytical degree.

Please email chanel.lambert@reedglobal.com if you have any queries.

Reed Specialist Recruitment Limited is an employment agency and employment business