Large Loss Specialist - Milton KeynesAbout MIBAt MIB our people are passionate about making roads safer by getting uninsured and hit-and-run drivers off our roads. Working in partnership with the Police, Insurers and Government our collective aim is to make it a thing of the past but, until that’s accomplished, we’re here to compensate victims quickly, fairly and compassionately.Last year we helped more than 34,000 people struck by uninsured and hit-and-run drivers and paid over £400 million in compensation to support victims rebuild their lives.About the roleAre you ready to take the lead on high-value, complex claims and make a real difference? We're looking for a seasoned professional to manage a portfolio of large loss cases, delivering fair outcomes and exceptional service to our customers. In this pivotal role, you'll provide expert technical guidance, ensuring consistency, control, and continuous improvement in line with our policies and procedures.Key responsibilities To handle a portfolio of complex and high value personal injury claims in a collaborative manner making the optimal use of the telephone to drive the case forwardWork with our trusted panel solicitors utilising a strategic case management approach aimed at shortening lifecycle where appropriate for the customer/claimantTo deal with all aspects of end-to-end claims handlingTo keep up to date with good claims practice and champion this throughout the team and wider claims functionTo act within set handling authorities as defined by the Claims Authorities MatrixAct as a point of reference to guide, mentor and advise others to ensure the sharing of knowledge and best practiceExperience of communicating and presenting highly complex information to internal and external stakeholdersThe ability to drive excellent team working including collaboration within and across teams to achieve shared company objectives and valuesDevelop and apply claims strategies to conclude claims in an economical and effective way to drive down the length of the claims lifecycle and keep legal costs downDeliver and contribute to the MIB’s 5 year Strategy “Accelerate to Zero”Conduct internal and external audits Use knowledge from audits to contribute to and deliver technical and process improvement initiatives to continually build operational and technical capabilityChallenges self and others to rise to challenges and perform to the best of their abilitiesSupport the wider Claims function with the identification of skills gaps and where appropriate the design and delivery of specific technical training to assist with their progression and succession plansDeliver short term /one off projects and activities as required by and to the standards and outcomes agreed with line managerModel excellent behaviour and a positive attitude to colleagues and customersSkills and Experience Proven experience of handling significant personal injury claims valued in excess of £500kUnderstanding of insurance indemnity principlesGood judgement and to be able to balance commercial and claims risks to achieve positive outcomesStrong investigative and negotiation skillsThe ability to process data quickly and make risk based decisions within the authorities providedProven analytical and systematic thinking skillsThe ability to manage complex stakeholders and partnering relationshipsStrong customer focus and ability to work to deadlines and agreed SLA’sHas a questioning attitudeIs self-organised and has time management skills to meet deadlinesTo be able to use a claims case management system as well as Microsoft based productsAn unquestionable understanding of motor insurance and claims principles in generalUnderstanding of the Civil Procedure Rules and MIB stance on litigationUnderstanding of settling claims using periodic paymentsEducated to degree level or equivalent experienceUnderstanding and application of the MIB agreements and claims handling processes / procedures, gained from experience of working as a MIB Claims Handler or in a similar insurance or legal role. This should include:Uninsured Drivers Agreement and/orUntraced Drivers Agreement and /orInternal Regulations/EC DirectivesThe Road Traffic ActArticle 75Job Title: Large Loss Specialist Salary: circa £67,000Grade: 13Working Hours: 35 hours Working Pattern: Monday - Friday Office Location: Milton Keynes Job Type: permanent IT kit supplied to you£320 (before tax) start up allowanceHybrid working (2 days in the office per week) from our Milton Keynes office, MK14Other Benefits include: Contributory Group Stakeholder Personal pension scheme Life Assurance Employee Incentive Scheme 27 days holiday (plus public holidays) Holiday purchase scheme Sports and Social Club24/7 Employee Assistance Programme Free access to online tools to support mental and physical health Enhanced maternity, paternity and adoption leave 1 volunteer day each year and charity matched funding schemeWe believe in a workplace where everyone can be themselves. Through our different ideas, personalities and experiences, we redefine what is possible every day. And regardless of your colour, age, race, gender, sexual orientation or anything else you consider yourself to be, there is a place for you at MIB. A place where you can bring your best self to work every day.So, if you think big, love a challenge and want to make a difference to people’s lives, we want to hear from you.
