At a Glance
- Tasks: Evaluate and manage Accident & Health 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 the insurance industry and grow your career globally.
- Qualifications: 3-5 years of claims experience and knowledge of the insurance sector.
- Other info: Be part of a diverse team committed to personal and professional development.
The predicted salary is between 40000 - 50000 £ 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 Accident & Health and Travel 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.
- Knowledge of specific line of business.
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’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.
Global Accident & Health Claims Specialist employer: Starr Insurance Companies
Contact Detail:
Starr Insurance Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Accident & Health Claims Specialist
✨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 insider info on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your claims knowledge. Be ready to discuss specific scenarios you've handled in the past. We want to see how you think on your feet and manage claims effectively!
✨Tip Number 3
Showcase your skills with real examples! When you get the chance, share stories about how you've successfully managed claims or improved processes. This will help us see your potential impact at Starr.
✨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 serious about joining our team at Starr.
We think you need these skills to ace Global Accident & Health Claims Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Global Accident & Health Claims Specialist role. Highlight relevant experience and skills that match the job description, especially your claims handling expertise and knowledge of insurance processes.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at Starr Insurance Companies. Mention specific experiences that demonstrate your ability to assess and evaluate claims effectively.
Showcase Your Attention to Detail: In the insurance world, attention to detail is key. Make sure your application is free from typos and errors. Use clear and concise language to convey your points, as this reflects your ability to manage claims accurately.
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team!
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 Accident & Health and Travel claims. Understand the specific policies underwritten by the company and be ready to discuss how you would assess and evaluate recoverability. This shows you're not just familiar with the role but genuinely interested in their operations.
✨Familiarise Yourself with DOCOsoft
Since you'll be processing Electronic Claim Files (ECF) and settling direct claims via DOCOsoft, it’s crucial to have a good grasp of this software. If you can demonstrate your proficiency or willingness to learn, it will give you an edge over other candidates.
✨Prepare for Client Interaction Scenarios
Given that the role involves attending client meetings, think about how you would handle various scenarios. Prepare examples from your past experience where you successfully managed client relationships or resolved issues. This will highlight your interpersonal skills and ability to represent the company well.
✨Showcase Your Analytical Skills
The job requires effective management of claims outcomes and producing accurate reports. Be prepared to discuss how you've used analytical skills in previous roles to improve processes or outcomes. Bring along any relevant data or reports you've worked on to illustrate your capabilities.