Fraud Investigator

We’re First Central Insurance & Technology Group (First Central for short), an award-winning innovative insurance and technology organisation, delivering market-leading motor insurance, underwriting, distribution, finance, technology and legal services.

Are you looking for a new career with a fast-growing, dynamic company? Well look no further! We need a Fraud Investigator to join our Counter Fraud Services team in Salford Quays, Manchester.

After training we will offer flexible hybrid working to include 1 day in the office and 4 days from home for a work and life balance!

Working as part of a growing, innovative team, you’ll be responsible for protecting the business and customers from the impact of fraud. You’ll be investigating a caseload of suspected fraudulent claims, ranging from Low Velocity Impacts to Staged and Contrived collisions.

Job responsibilities:

• You will carry out thorough investigations and gather evidence on suspected fraudulent claims for personal injury, vehicle damage and credit hire
• Conduct telephone interviews with customers as well as engaging external suppliers including accident investigators, motor engineers and panel solicitors
• Assessing evidence including intelligence, Police reports, medical records and engineering evidence to identify inconsistencies and determine the outcome of the claim
• Identifying cases of potential Fundamental Dishonesty, private prosecutions, or professional enabler involvement
• Provide advice and support to business areas with regard to potential fraud risks.
• Process payments on claims files as required and in accordance with authorities.
• Ensure claim files are reserved accurately and reserves amended where required.
• Meet agreed fraud KPI’s and targets.
• Ensure compliance with Company financial crime procedures and related policies.
• Submit Suspicious Activity Reports as necessary to the Company MLRO.
• Ensure compliance with TCF principles when liaising with customers.
• Build and maintain relationships both internally and externally.
• To be compliant with health and safety policies at all times.
• To ensure compliance with company and other relevant standards/ regulations at all times.
• Produce high quality written reports and advice for the business, to include recommendations.
• Any other reasonable duties as required.
• To carry out duties, activities and tasks as directed within the Claims and Fraud pillar to ensure all departments perform effectively and efficiently and meet the demands of First Central’s customers and any third parties.

Experience & knowledge:

• Strong experience of handling fraudulent customer, third party damage and personal injury claims.
• Proven track record in investigating both opportunistic and organised motor fraud.
• Managing a caseload with adherence to SLAs
• Proven track record of stakeholder management
• Strong understanding of motor insurance fraud and the purpose of a Counter Fraud Team
• Strong understanding of the various indemnity levels and the subsequent impact that this may have on the claim/policy
• Strong understanding of Part 7 and Part 8 Proceedings.
• Strong understanding of the litigation process and the impact that this has on the business both procedurally and economically.
• Strong understanding of regulatory responsibilities (SMRC)
• Excellent knowledge of FCA requirements (including TCF) an the regulatory framework relating to general insurance

What can we do for you?

We believe we can offer you a great working environment as we’re so passionate about our people. Here are just some of the benefits and perks that we offer…

• Fantastic training and development opportunities
• Employee benefit packages to suit your lifestyle
• Flexible working
• YOUday – we give you an extra day off to celebrate a special day
• The opportunity to take a paid day off each year to do charity work
• A health cash plan
• Help with travel expenses
• The opportunity to buy additional holiday
• Company pension scheme
• Group life assurance
• Enhanced maternity and paternity pay
• Professional subscription fees paid

Employee wellbeing is high on the agenda here too. We provide discounted membership at a local health club and access to an Employee Assistance Programme, which promotes physical and emotional wellbeing at work and at home. In addition, we provide wellbeing events throughout the year to support physical and mental health.

For further information on what we can offer and to learn more about this role, feel free to contact our dedicated Talent team.

View more about our Benefits