At a Glance
- Tasks: Support the Claims function with essential administrative services and data management.
- Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
- Benefits: First-class training, inclusive environment, and opportunities for career growth.
- Other info: Be part of a supportive team that values innovation and integrity.
- Why this job: Make an impact in a dynamic industry while developing your skills.
- Qualifications: Advanced data entry and numeracy skills; interest in the London Insurance Market.
The predicted salary is between 30000 - 40000 £ 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
The primary focus of the Claims Admin Assistant is to support the Claims function with administrative services, including London and Europe. Ensure the accuracy of claims data in line with the claims manual and general compliance with regulatory and Company procedures.
Key Responsibilities
- Take ownership of the weekly/monthly/quarterly reporting and other ad hoc reports.
- Manage claims processing in line with Starr and Lloyd’s Minimum Standards and your letter of authority or if authority has been granted by an appropriate manager.
- 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.
- Processing and management of settled direct claims, including diaries, on DOCOsoft.
- SCM/USM daily processing and ensuring that all incorrect allocation of premium signings are brought to the attention of the UW Ops department for correction by XCS.
- Correction of any claim signings that have followed the premium signing into suspense.
- Processing of manual bridging reserves each quarter close and then the reconciliation and removal of them once the account has been updated.
- Follow up of direct/manual fees.
- Reviewing loss fund adequacy and manage recovery of loss funds on prior years.
- Upload of bordereaux’s to DOCOsoft as appropriate.
- Monitor and manage ECF/Lirma incompletes.
- General administrative support on diary/static/fee follow up for all Complex Claims adjusters during busy periods of holiday cover.
- Other Ad Hoc administrative projects that come into the CST.
- Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
- Operate within the Company’s standards for Treating Customers Fairly as per the Consumer Duty regulatory requirements.
- Manage any potential conflicts of interest to avoid disrepute to the Company’s integrity.
- Advise Compliance and Management of any complaints immediately.
Performance Measures
- Accuracy of data entry – Claims data, Management Information and SCM’s/USM’s.
- Accuracy of producing reports.
- Commitment to furthering technical knowledge and understanding.
- Complete, timely and accurate performance records, via Workday.
- Advise Compliance and Claims Manager of any complaints immediately.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
Essential
- Advanced data entry skills
- Advanced numeracy skills.
- MS Office - Excel, Word, PowerPoint and Outlook.
- Ability to communicate, both in a written and verbal format
- Interest in the London Insurance Market.
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.
Claims Administrative Assistant (6M FTC) employer: Starr Insurance Companies
At Starr, we pride ourselves on being a dynamic employer that fosters an entrepreneurial spirit and encourages innovation among our employees. Located in the heart of London, we offer a collaborative work culture where accessible leadership and a commitment to professional development empower you to thrive in your career. With a focus on inclusivity and merit-based growth, we provide first-class training opportunities that enable you to make a meaningful impact in the commercial insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Claims Administrative Assistant (6M FTC)
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those at Starr. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Starr's values and recent news. Show us you’re not just another candidate but someone who genuinely wants to be part of our team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family. Get comfortable talking about your skills and how they relate to the Claims Administrative Assistant role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining Starr and ready to take that next step in your career.
We think you need these skills to ace Claims Administrative Assistant (6M FTC)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Claims Administrative Assistant role. Highlight your advanced data entry skills and any relevant experience in the insurance sector. We want to see how you can bring your unique flair to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in Starr and how your skills align with our entrepreneurial culture. Let us know how you can contribute to our mission of delivering top-notch solutions.
Showcase Your Attention to Detail:Since accuracy is key in this role, make sure to demonstrate your attention to detail in your application. Whether it's through your CV formatting or the clarity of your cover letter, we want to see that you take pride in your work!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Starr Insurance Companies
✨Know Your Claims Inside Out
Before the interview, brush up on your knowledge of claims processing and the London Insurance Market. Familiarise yourself with common terms and procedures, as well as Starr's specific practices. This will show your genuine interest and help you answer questions confidently.
✨Showcase Your Data Skills
Since advanced data entry skills are essential for this role, be prepared to discuss your experience with data management. Bring examples of reports you've created or how you've ensured accuracy in previous roles. Highlight your proficiency in MS Office, especially Excel, as it’s crucial for the job.
✨Demonstrate Your Communication Skills
Effective communication is key in this position. Practice articulating your thoughts clearly and concisely. Be ready to explain how you've handled complex information in the past and how you ensure clarity in your written and verbal communications.
✨Prepare for Compliance Questions
Given the importance of compliance in the role, think about scenarios where you've had to adhere to regulations or company policies. Be ready to discuss how you would handle potential conflicts of interest or report suspicious activities, showcasing your commitment to integrity and ethical standards.