Payment Protection Insurance (PPI) Specialist

Lancashire  ‐ Onsite
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Description

Job Description:

  • As a PPI Domain Specialist you will have thorough knowledge and experience of general insurance and the impact of MIS-sold PPI.
  • You understand the financial and regulatory implications of the Payment Protection Insurance.
  • You understand Consumer credit, direct marketing and would have come from a background of retail/insurance.

Key Responsibilities:

  • To work as an SME in providing guidance and suggesting the best path to be taken by the business in terms of adhering to regulatory and complying to the FCA guidelines
  • To engage in workshops and gather requirements from prospective clients
  • To document the business goals into an IT requirements document
  • To enable the team in creating systems envisaged with business users
  • To be involved in testing and be the decision maker in terms of go/no-go to release the application for user testing

Basic Requirements:

  • Experience in Insurance, Customer Credit, Direct Marketing, Retail domains
  • Experience in regulatory and compliance guidelines from FCA and PRA affecting the domains
  • Experience in creating financial models for interest and credit calculations
  • Thorough understanding of the Claims and refunds life cycle and related options
  • Interest calculations, complexity of different APRs over a period of time
  • Understand the provisioning for any refunds in the future financial plan

Professional Requirement:

  • Proactive in understanding IT/Systems environment
  • Excellent communication skills applied to understanding, translating and suggesting better solutions for business requirements discussed
  • Experience in conducting workshops for requirements elicitation
  • Good team player who understands and communicates the requirements to the team of developers
  • Experience in presenting the ideas to senior stake holders
Start date
Immediately
Duration
6months +
(extension possible)
From
GIOS Technology Limited
Published at
16.12.2016
Project ID:
1256731
Contract type
Freelance
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