At a Glance
- Tasks: Evaluate and manage international casualty claims while ensuring compliance with company standards.
- Company: Join Starr Insurance, a global leader in insurance and investment since 1919.
- Benefits: Enjoy competitive pay, inclusive culture, and top-notch training opportunities.
- Why this job: Make a real impact in a fast-growing company with a global reach.
- Qualifications: 3-5 years of claims experience, especially in international casualty.
- Other info: Be part of a diverse team committed to your growth and success.
The predicted salary is between 28800 - 48000 £ per year.
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Role Purpose
- To assess and evaluate the recoverability of all International Casualty claims on policies underwritten by the Company whilst operating in line with the claims procedure guidelines and general compliance/regulatory and Company procedures.
- Handle claims in line with Starr and Lloyd’s Minimum Standards and your letter of authority.
- Process Electronic Claim Files (ECF) and Settle Direct claims via DOCOsoft and in line with Starr and Lloyd’s Minimum Standards.
- Effective management of Claims outcomes, including reporting to and sign off by the Claims Manager and or Senior Claims Adjuster, where appropriate.
- Produce timely and accurate large loss forms for Senior Management’s review.
- Attend client meetings with Underwriters and/or Claims Managers (UK or internationally) in order to provide specific claims handling expertise or relationship management for the account.
- Ensure Coverholder / Delegated Claims Administrators (DCA’s) submissions are processed on time and are compliant with the Service Level Agreement and adhering to Starr standards through review and approval of claims in excess of delegated authority.
- Ensure the DOCOsoft workflow, including diaries, are proactively managed and claims recorded accurately.
- Ensure all relevant documentation is attached to each transaction and use comprehensive notes, outlining the current status and next steps, in order to enhance claims outcomes and reduce static claims.
- Reviewing loss fund adequacy and pursue recovery of loss funds on prior years where appropriate.
- Assist CST where required to ensure that claims errors/warnings for Syndicate Claims Messages (SCMs) and Underwriter Settlement Messages (USMs) are cleared by each month end.
- Assist CST where required to ensure that claims errors/warnings for LIMCLM are cleared by each month end.
- Monitor and manage ECF/Lirma incompletes.
- Produce ad-hoc claims reports and statistical support to Claims Managers and Underwriters as required.
Experience Required
- 3-5 years relevant claims experience.
- International Casualty experience required.
Starr is an equal opportunity employer, which means we will 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 are 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.
Claims Adjuster - International Casualty employer: Starr Insurance Companies
Contact Detail:
Starr Insurance Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Adjuster - International Casualty
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work at Starr or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by brushing up on your claims knowledge. Understand the ins and outs of International Casualty claims and be ready to discuss how your experience aligns with Starr's standards. Confidence is key!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your past experiences, highlight specific cases where you effectively managed claims outcomes or improved processes. This will demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Starr team. Let’s get you that job!
We think you need these skills to ace Claims Adjuster - International Casualty
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Adjuster role. Highlight your relevant experience in international casualty claims and any specific skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Be sure to mention your experience with claims management and compliance, as these are key for us.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just duties. Did you improve claims processing times or enhance client relationships? We love to see quantifiable results that demonstrate your impact!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the Starr family!
How to prepare for a job interview at Starr Insurance Companies
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of claims processes, especially in the international casualty space. Familiarise yourself with Starr's claims procedure guidelines and the Lloyd’s Minimum Standards. This will show that you're not just interested in the role but also understand the intricacies involved.
✨Prepare for Scenario Questions
Expect to be asked about specific scenarios related to claims handling. Think of examples from your past experience where you've successfully managed claims or resolved issues. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Showcase Your Communication Skills
As a Claims Adjuster, you'll need to communicate effectively with clients and colleagues alike. Be ready to demonstrate your relationship management skills during the interview. You might even want to prepare a few questions to ask about how they handle client meetings and collaboration within teams.
✨Highlight Your Attention to Detail
Given the nature of the role, attention to detail is crucial. Be prepared to discuss how you ensure accuracy in your work, especially when it comes to processing claims and managing documentation. Mention any tools or methods you use to keep track of details and deadlines.