At a Glance
- Tasks: Manage complex claims and lead negotiations for high-value Financial Lines.
- Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
- Benefits: First-class training, inclusive culture, and opportunities for career growth.
- Other info: Support and mentor junior colleagues while developing your leadership capabilities.
- Why this job: Make impactful decisions and build lasting client relationships in a dynamic environment.
- Qualifications: In-depth knowledge of Financial Lines and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Role Purpose
This role plays a key part in the success of Financial Lines Claims and the position offers the opportunity to contribute to business development, support underwriting strategy, and further develop your leadership capabilities within a growing, dynamic organisation.
Key Responsibilities
- Manage a portfolio of complex, high-value claims arising from all classes of Financial Lines, including Professional Indemnity, Directors and Officers, Financial Institutions and Cyber.
- Lead the claim strategy, including investigation, reserving, expert appointment, and resolution approach within an agreed authority.
- Lead negotiations on contentious claims, including coverage and quantum disputes, through to settlement or closure.
- Deliver clear and timely large loss reporting to senior management.
- Act as a key point of contact for brokers and clients.
- Attend and present at market events, promoting the Starr brand.
- Build and maintain strong relationships, along with collaborating with Underwriters to support client retention and new business opportunities.
- Support Underwriters with wording reviews and the development of new products.
- Support and mentor junior colleagues, demonstrating good leadership and acting as a technical referral point within the team.
Qualifications, skills and experience
Essential
- In depth knowledge of all Financial Lines products.
- Strong communication skills.
- Proven experience handling large and complex claims.
- Experience operating in ‘lead’ position and able to contribute to and influence strategy.
- Experience managing large loss reporting and presenting to senior management.
- Ability to deliver a high standard of claims service to clients and stakeholders.
- Strong collaboration skills with underwriting and other internal teams as required.
- Continuous development of technical knowledge and understanding of relevant classes of business.
- Mentoring skills.
Desirable
- Exposure to complex claims across relevant lines of business.
- Familiarity with claims systems (e.g. ECF, Docosoft).
- Progress towards, or interest in pursuing, ACII (or equivalent professional qualification).
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
Senior Claims Adjuster - Financial Lines in London employer: Starr Companies
Starr Companies is an exceptional employer, offering a dynamic work culture in the heart of Greater London where collaboration and inclusivity thrive. With a strong commitment to employee development, you will benefit from comprehensive training programs and growth opportunities that empower you to excel in your role as an Accident & Health Claims Specialist. Join us to make a meaningful impact while enjoying the unique advantages of working in a leading insurance organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Adjuster - Financial Lines in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and engage on platforms like LinkedIn. The more people you know, the better your chances of landing that Senior Claims Adjuster role.
✨Tip Number 2
Prepare for interviews by researching Starr and its Financial Lines products. Show us you understand our business and can contribute to our success. Tailor your answers to highlight your experience with complex claims and leadership skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Remind us why you're the perfect fit for the role and express your enthusiasm for joining the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in being part of the Starr family.
We think you need these skills to ace Senior Claims Adjuster - Financial Lines in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Claims Adjuster role. Highlight your experience with Financial Lines products and any leadership roles you've held. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about claims adjusting and how you can contribute to our team at Starr. Be sure to mention specific skills that match the job description.
Showcase Your Communication Skills:Strong communication is key in this role, so make sure your application reflects that. Whether it's through clear language in your CV or a well-structured cover letter, we want to see your ability to convey complex information effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you'll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Starr Companies
✨Know Your Financial Lines Inside Out
Make sure you brush up on all the Financial Lines products, especially Professional Indemnity and Cyber. Being able to discuss these in detail will show your depth of knowledge and commitment to the role.
✨Prepare for Complex Claims Scenarios
Think about past experiences where you've handled large and complex claims. Be ready to share specific examples that highlight your negotiation skills and strategic thinking, as this is crucial for the Senior Claims Adjuster position.
✨Showcase Your Leadership Skills
Since this role involves mentoring junior colleagues, be prepared to discuss your leadership style. Share instances where you've successfully led a team or influenced strategy, demonstrating your ability to guide others.
✨Engage with the Company Culture
Research Starr's entrepreneurial culture and think about how you can contribute to it. During the interview, express your enthusiasm for building client relationships and supporting underwriting strategies, aligning your goals with the company's vision.