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Insurance Analyst

Babergh and Mid Suffolk District Council

Ipswich

On-site

GBP 30,000 - 36,000

Full time

14 days ago

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Job summary

An established industry player is seeking an Insurance Analyst to join their Finance Team. This hybrid role offers the chance to make a significant impact by managing the annual insurance renewal process and investigating claims against the Council. The successful candidate will be pivotal in ensuring effective communication with stakeholders and driving improvements in financial performance. With a commitment to equality and diversity, this organization values the contributions of its employees and offers great opportunities for learning and development. If you're enthusiastic about making a positive impact and thrive in a collaborative environment, this is the perfect opportunity for you.

Benefits

Learning and development opportunities
Generous leave entitlement
Local Government Pension Scheme
Wellbeing Support Program
Employee Assist Program
Health Care Options

Qualifications

  • Experience in dealing with insurance and claims processes.
  • Ability to communicate effectively with various stakeholders.

Responsibilities

  • Lead the annual insurance renewal process and manage claims.
  • Investigate claims and gather necessary evidence for insurance providers.
  • Develop reporting of insurance data to improve decision-making.

Skills

Insurance knowledge
Data analysis
Stakeholder communication
Claims investigation
Financial management

Education

Experience in financial environment
Experience in public sector

Job description

Suffolk County Council are looking for a Insurance Analyst to join our team. You will join us on a full-time, permanent basis, working 37 hours per week. This is a Hybrid role. The successful candidate will earn a competitive salary of £30,559 - £35,235 per annum (pro rata for part time).

Full-time, part-time and job share opportunities will be considered.

What we are looking for

We are looking for an Insurance Analyst to join our Finance Team, and as the successful candidate, you will share our values, commitment, and motivation to make a difference for our residents, clients, and communities.

You will be joining the Finance Team at an exciting time as we look to transform the service we offer to stakeholders and drive forward financial performance.

About the role

As the successful candidate, you will be integral in leading on the annual insurance renewal process, managing claims against the Council, and providing assurance to the Head of Finance.

You will:

  • Investigate claims against the Council, gathering evidence and working with colleagues to obtain information to be provided to the Council's insurance provider.
  • Manage the insurance reconciliation account for under and over excess claims, ensuring claims are allocated within the finance system and correctly accounted for.
  • Be comfortable dealing with data, understanding what the data means and dealing with stakeholders both internal and external.
  • Develop the reporting of insurance data at the Council, which will help identify areas for improvement and drive decision-making.

About you

To be successful, you will have experience of working within a financial environment, supporting service teams within either the public sector or a similar environment.

You will:

  • Need to have experience of dealing with insurance and have been involved in the annual insurance premium process.
  • Have dealt with the general public and have a good understanding of the claims process, demonstrating experience of investigating claims made against an organisation.
  • Be enthusiastic and want to make a positive impact in your own work and on others, with a positive mindset and an acceptance of change.
  • Be personable and patient as you will be dealing with the public, council tenants, and colleagues who you will need to gather information from to make informed decisions.
  • Have an enthusiasm for ensuring a right for time approach and be able to communicate effectively with colleagues across the Council.

About us

Working together across our councils and with our partners in the public, private, and voluntary sectors, we provide excellent services to our 190,000 residents across Babergh and Mid Suffolk.

We are proud of the role we play in creating the environment, economy, and communities for our districts. We believe that the heart of Suffolk is an incredibly special place to live and work. With picturesque market towns, 60 conservation areas, and with two National Landscapes within our districts, it is little wonder that we are consistently within the top 50 places to live in the UK.

Benefits of working for us

  • Great opportunities for learning and development.
  • Generous leave entitlement (equivalent to 26 days a year, increasing to 31 days after 5 years’ service, plus bank holidays).
  • Competitive Local Government Pension Scheme.
  • Wellbeing Support Program.
  • Employee Assist Program.
  • Health Care Options.

Our ways of working

Work is what we do, not where we go! We are committed to working in a more Hybrid way, with a mix of office, home, and remote-based working (Business needs permitting). This has worked well for us and is something we will continue with.

We are committed to supporting equality and diversity; Babergh and Mid Suffolk District Councils provide opportunities and ambition for all, supporting and enabling our people to deliver the best possible service for our residents.

Closing date: 5 pm, 29 April 2025.

If you think you have what it takes to be successful in this Insurance Analyst role, even if you don’t meet all the requirements, please apply. We would appreciate the opportunity to consider your application.

This authority is committed to safeguarding and promoting the welfare of children, young people, and vulnerable adults and expects all staff and volunteers to share this commitment. DBS checks or police vetting will be required for relevant posts.

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