INSURANCE INTERNAL AUDITOR
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Job Reference Number |
13889343 |
Client ID: |
RI/HMYU98765 |
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Posted On: |
Aug 12 2009 |
Location: |
DUBLIN CITY CENTRE |
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Job Type: |
Permanent
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Salary: |
NEGOTIABLE |
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We currently have a role for an Internal Auditor with a leading Insurance company based in Dublin. Applicants for this role must have relevant audit knowledge of the insurance industry. Fluent French & English is also essential.
As this role will cover a number of areas of the business, a broad knowledge of different insurance operations would be very beneficial.
The company offer an excellent salary and benefits as well as long term career options.
Duties and Responsibilities
1. Controlling and Monitoring Claims Handling, Subscriptions, Complaints and Tax Delegation
- To oversee audits on freedom of services business including Subscriptions, Claims, Reporting, Complaints Handling
- To carry out on-site audits, following guidelines and instructions, in order to
a) Verify that the claims administration and distribution agreements and guidelines are correctly applied and adhered to
b) Monitor that the quality of claims handling and service to customers, is meeting the required standards and that there is consistency of methods, processes and practices between claims processed in-house and claims processed by third parties
c) Control tax computation and tax payment made by the tax representative
d) Monitor complaints handling and liaise with the Legal Department for all contentious claims that proceed to lawsuit level
- To issue audit reports and various activity reports as defined by Management
- To liaise with Compliance Officer, Permanent Control and Risk Management Manager, Actuarial Dept., Finance Dept., on issues relevant to their domains.
2. Participate in New Partnerships
- Participate in the establishment of new partnerships
- Draft process flows and procedures for the interface with Partners
- Check the preparation of contractual documentation
- Define claims and activity reports for implementation
3. Processes and Procedures
- Monitor and update processes and procedures for all current partnerships
- Analyses and monitor the day to day activity of current third party administrators and Finance Partners - and the delivery of SLAs as outlined in the Cooperation Agreement
- Identify process weaknesses and initiate and implement corrective measures.
4. Training
- Responsible for training of Third Party Administrators including preparation and delivery of training programs.
- Carry out on site training if required
5. Supervision
- Monitor performance, in conjunction with the Assistant Operations Manager, and provide on-going coaching development and feedback to team members
- To agree work schedule for team members according to competence and experience
- To conduct regular reviews on individual staff member's work and provide immediate feedback
- To identify the training needs of team members and to compile a training schedule, to ensure system and insurance knowledge is proficient for their position.
What's next??
If you are interested in this role or just want to have a confidential chat about what's on in the market call Hugh on (01) 4744634
I am a Professional & Ethical Recruitment Consultant; your C.V will travel no further than my Email in-box until I have met with you and discussed your application in full in regards to this role.
I ALWAYS Require Financial Services Experienced Candidates Fiduciary Services - Trust & Trustee - Pensions - Life Assurance - Assurance - Re-Insurance - Equity - FUNDS/ HEDGE FUNDS - INVESTMENT BANKING - SHARE HOLDER SERVICES - STOCKBROKING - PRIVATE WEALTH MANAGEMENT - RETAIL BANKING - CORPORATE BANKING - WHOLESALE BANK