Senior Claims Adjuster - Financial Lines
Senior Claims Adjuster - Financial Lines

Senior Claims Adjuster - Financial Lines

Full-Time 60000 - 80000 £ / year (est.) No home office possible
Starr Insurance Companies

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, career growth, and an inclusive work environment.
  • Other info: Mentorship opportunities and support for professional development available.
  • Why this job: Make impactful decisions and build lasting client relationships in a dynamic culture.
  • 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 employer: Starr Insurance Companies

At Starr, we pride ourselves on being a global leader in commercial insurance, fostering an entrepreneurial culture that empowers our employees to innovate and make impactful decisions. Our commitment to employee growth is evident through first-class training and development opportunities, ensuring that you can advance your career while working alongside accessible leaders in a dynamic environment. Join us in London, where you'll not only manage complex claims but also build lasting relationships and contribute to our mission of delivering exceptional solutions for our clients.
Starr Insurance Companies

Contact Detail:

Starr Insurance Companies Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Claims Adjuster - Financial Lines

✨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

Show off your expertise! When you get the chance to chat with potential employers or at networking events, make sure to highlight your experience with complex claims and your leadership skills. We want to see how you can contribute to our dynamic team!

✨Tip Number 3

Prepare for interviews by brushing up on your knowledge of Financial Lines products. Be ready to discuss your strategies for managing high-value claims and how you’ve successfully led negotiations in the past. We love candidates who can think on their feet!

✨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 us you’re genuinely interested in joining Starr and being part of our innovative culture.

We think you need these skills to ace Senior Claims Adjuster - Financial Lines

In-depth knowledge of Financial Lines products
Strong communication skills
Experience handling large and complex claims
Leadership capabilities
Negotiation skills
Large loss reporting
Client relationship management
Collaboration with underwriting teams
Technical mentoring skills
Familiarity with claims systems (e.g. ECF, Docosoft)
Continuous development of technical knowledge
Ability to influence strategy

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your expertise in Financial Lines and any relevant claims handling experience to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Claims Adjuster role. Share specific examples of your past successes and how they relate to what we do at Starr.

Showcase Your Communication Skills: Since strong communication is key in this role, make sure your application is clear and concise. Use professional language but let your personality shine through – we want to get to know you!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at Starr!

How to prepare for a job interview at Starr Insurance Companies

✨Know Your Financial Lines Inside Out

Make sure you brush up on all the Financial Lines products before your interview. Being able to discuss Professional Indemnity, Directors and Officers, and Cyber claims in detail will show that you're not just familiar with the terms but can also handle complex scenarios.

✨Showcase Your Leadership Skills

Since this role involves mentoring junior colleagues and leading claim strategies, be prepared to share examples of how you've successfully led teams or projects in the past. Highlight your ability to influence strategy and drive results.

✨Prepare for Negotiation Scenarios

Expect to discuss your approach to negotiating contentious claims. Think of specific instances where you’ve navigated disputes and reached settlements. This will demonstrate your practical experience and strategic thinking.

✨Build Rapport with Brokers and Clients

Starr values strong relationships, so be ready to talk about how you've built and maintained connections in previous roles. Share any experiences where your collaboration with brokers or clients led to successful outcomes.

Senior Claims Adjuster - Financial Lines
Starr Insurance Companies

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