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: Competitive salary, 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 relevant claims experience, especially in international casualty.
- Other info: Diverse and inclusive workplace focused on developing talent.
The predicted salary is between 36000 - 60000 £ 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'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 Adjuster - International Casualty in London 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 in London
✨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 job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your claims knowledge. Be ready to discuss specific cases you've handled and how you navigated challenges. Show us you're not just a paper pusher but someone who can think on their feet!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind. Plus, it shows us you’re genuinely interested in the role and the company.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll be one step closer to joining a team that values talent and growth as much as we do.
We think you need these skills to ace Claims Adjuster - International Casualty in London
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 align with our needs. 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 this role and how your background fits with our company values. We love seeing genuine enthusiasm for what we do at Starr.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you've successfully managed claims or improved processes in your previous roles. We appreciate results-driven candidates!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. We can't wait to hear from you!
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 procedures and the specific guidelines they follow. This will show that you're not just interested in the role but also understand the nuances of the industry.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific claims situations. 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 Analytical Skills
As a Claims Adjuster, you'll need to assess and evaluate claims thoroughly. Be ready to discuss how you approach analysing claims data and making decisions based on your findings. Highlight any tools or software you’ve used, like DOCOsoft, to manage claims efficiently.
✨Demonstrate Strong Communication Skills
You'll be attending client meetings and working closely with underwriters and claims managers. Practice articulating your thoughts clearly and confidently. Prepare to discuss how you build relationships and communicate complex information to clients and colleagues alike.