
Chief Fraud Prevention Specialist
1 day ago
The Fraud Management Coordinator plays a pivotal role in safeguarding the business against fraudulent activities across the travel sector.
This role is responsible for overseeing investigations and fraud identified cases on a daily basis, ensuring timely closure of fraud files.
Key responsibilities include:
- Strategy & Process Development
- Drive a Zero Tolerance fraud policy
- Develop and implement fraud prevention and detection strategies
- Identify and implement process improvements to enhance fraud detection and recovery outcomes
- Ensure consistent interpretation and application of Fraud Management Functional Rules
- Fraud Management
- Manage fraud cases to reduce claim leakage and fraudulent payouts
- Coordinate investigations
- Participate in the development of a fraud management framework
- Collaborate with legal teams and law enforcement on high-value or sensitive fraud cases
- Operational Execution
- Ensure timely triage and investigation of fraud alerts
- Maintain and enforce Standard Operating Procedures for fraud referrals and investigations
- Monitor and report on KPIs such as fraud referral rate, proven fraud rate, and investigation turnaround time
- Leverage data analytics to identify fraud patterns
- Training & Awareness
- Train new hires and claims teams on fraud red flags and trends
- Lead fraud awareness campaigns
- Upskill fraud management teams on emerging fraud trends and tools
- Problem Solving Skills
- Demonstrated problem solving ability and decision making
- Ability to think outside the square
- Identify appropriate solution options and provide recommendation
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