INDECS Consulting Limited, London UK
Job Title: Assistant Consultant, Claims
Job Type: Permanent
About INDECS and Claims Consulting
INDECS is a market-leading, independent insurance consultancy business which focusses on large infrastructure projects in the utilities, energy and power sectors worldwide. We have a team of experts who provide bespoke, independent advice to buyers and lenders, on complex and varied insurance claims, insurance risk management and project finance issues. The company started in 1988 and has grown significantly over the years. INDECS is at an exciting phase of development and growth.
Our core business areas are Claims Consulting, Lenders Insurance Advisory and Insurance Consulting.
Role Specifics
To provide consultancy services on the management and settlement of insurance claims to Insureds. The role in our Claims team includes:
- Advising clients on the collation, formulation and presentation of insurance claims.
- Data analysis and collation with regards to costs and expenses incurred.
- Audit and formulation of the claim quantum, including production of accounting data with fully supported cost documentation.
- Produce statements as to the quantum of insurance claim.
- Support client in production of data within timely manner.
- Track and record progress of claim against agreed strategy and timeline.
- Presentation of claim documentation to loss adjusters / lawyers representing insurers.
- Support with regards to claim strategy and processing in order to bring a claim to settlement.
- Support in the retention, instruction and management of technical subject matter experts.
- Support in relation to advice on content and production of root cause analysis.
- Support with regards to advice on policy coverage and interpretation.
- Support as regards retention and utilisation of external lawyers.
- Support other INDECS activities as required by the Directors from time to time.
In order to fulfil the roll, the employee will be required to undertake the following:
- Communicate with risk managers, insurance managers, project managers, brokers, loss adjusters, lawyers, underwriters, technical consultants on claim related issues.
- Attend meetings with clients, loss adjusters, brokers and/or lawyers.
- Undertake presentations of data to loss adjuster, lawyers. Participate in audit process of claim quantum.
- Develop existing and new business opportunities on a worldwide basis.
- Promote the company at external functions, conferences, seminars etc.
- Conduct case law research and reviews.
- Produce proposals for clients.
- Support the Directors and Consultants in the claims/adjustment drafting process.
- Provide general support and ad hoc assistance as required.
- Progress towards and complete professional qualifications (ACII) within 3 years of start of employment.
Candidate Requirements
- Educated to degree level (or equivalent).
- The candidate should be numerate, with the ability to analyse and manipulate large volumes of data through the use of Excel.
- Excellent analytical and presentation skills, particularly in the collation and presentation of cost data.
- Strong organisational skills to manage workflows, collate information and track progress.
- Strong communication skills, in particular written skills.
- Willingness to work under pressure and with the flexibility to meet client needs.
- Willingness to travel domestically and internationally.
- Participate in a team environment, both internally and externally with clients.
- Insurance knowledge preferable, but not essential.
- Previous working experience desirable, but not essential.
Employee Benefits
- Highly competitive salary
- 25 days annual leave, plus bank holidays
- Annual bonus policy
- INDECS workplace pension scheme
- Private Medical Insurance for you and any dependants
- Group Income Protection (GIP) – up to 80% of salary until retirement
- Group Life (Death in Service) x 4 salary
- Travel Insurance for you and any dependants.
- Personal Accident
- Biennial Health Screening
- Interest free season ticket loan
- Salary Sacrifice Schemes:
Additional Annual Leave (purchase of up to 5 extra days)
Electric Vehicle Lease
Cycle to Work
- Eye test every 2yrs with contribution towards glasses.
- When working in the office, employee lunches are paid for by INDECS.
In addition to the above, INDECS operates a hybrid working policy.
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