Claims Adjuster - Accident & Health in London

Claims Adjuster - Accident & Health in London

London Full-Time 35000 - 45000 £ / year (est.) No working from home possible
Starr Insurance

At a Glance

  • Tasks: Evaluate and manage Accident & Health claims while ensuring compliance with company standards.
  • Company: Join a leading global insurance organisation with a rich history and innovative approach.
  • Benefits: Inclusive workplace, first-class training, and opportunities for career growth.
  • Other info: Diverse and supportive environment focused on merit and talent development.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: 3-5 years of relevant claims experience and knowledge of the insurance sector.

The predicted salary is between 35000 - 45000 £ 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'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 - Accident & Health in London employer: Starr Insurance

Starr Insurance Companies is an exceptional employer, offering a dynamic work environment that fosters professional growth and inclusivity. With a commitment to employee development, we provide first-class training opportunities and encourage our team members to excel in their roles as Claims Adjusters. Located in a global hub for insurance, our employees benefit from a diverse and collaborative culture, ensuring meaningful and rewarding careers in the ever-evolving insurance landscape.

Starr Insurance

Contact Details:

Starr Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Adjuster - Accident & Health in London

Tip Number 1

Network like a pro! Reach out to folks 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 discussing your experience, highlight how you've met compliance standards and improved claims outcomes. This will make you stand out as a candidate who knows their stuff.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at Starr.

We think you need these skills to ace Claims Adjuster - Accident & Health in London

Claims Assessment
Regulatory Compliance
Electronic Claim Files (ECF)
DOCOsoft
Claims Management
Client Relationship Management
Service Level Agreement Compliance

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Claims Adjuster role. Highlight your relevant experience in accident and health claims, and don’t forget to mention any specific knowledge of the insurance industry that you have!

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 role and how your skills align with Starr's values. Keep it concise but impactful!

Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just duties. Use numbers and examples to demonstrate how you've successfully managed claims or improved processes in the past.

Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us, so we can review it promptly!

How to prepare for a job interview at Starr Insurance

Know Your Claims Inside Out

Make sure you brush up on your knowledge of Accident & Health and Travel claims. Understand the specific processes and regulations that Starr Insurance Companies follows. This will not only show your expertise but also demonstrate your genuine interest in the role.

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 successfully managed claims outcomes or resolved issues. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

Familiarise Yourself with DOCOsoft

Since you'll be processing Electronic Claim Files (ECF) and using DOCOsoft, it’s a good idea to get familiar with this software. If you have experience with similar systems, be ready to discuss that and how it can translate to your work at Starr.

Showcase Your Teamwork Skills

Claims Adjusters often work closely with Underwriters and Claims Managers. Be prepared to talk about your experience in collaborative environments and how you’ve effectively communicated with different stakeholders to achieve positive claims outcomes.