Claims Adjuster - Financial Lines in London
Claims Adjuster - Financial Lines

Claims Adjuster - Financial Lines in London

London Full-Time 30000 - 40000 £ / year (est.) No home office possible
Starr Insurance

At a Glance

  • Tasks: Handle complex claims and develop strategies in a dynamic insurance environment.
  • Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
  • Benefits: First-class training, career growth opportunities, and an inclusive work culture.
  • Other info: Collaborate with experienced colleagues and gain exposure to international claims.
  • Why this job: Make impactful decisions and build lasting client relationships while growing your career.
  • Qualifications: Knowledge of Professional Indemnity and strong communication skills.

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

This is an excellent opportunity for someone who is looking to develop their career in Financial Lines with an ability to work alongside experienced colleagues, gaining exposure to high-value and international claims while building their technical expertise and stakeholder management skills.

Key Responsibilities

  • Handle claims arising from Professional Indemnity class along with some exposure to Directors and Officers, Financial Institutions and Cyber.
  • Support the development and execution of claim strategies, including investigation, reserving and resolution.
  • Handle a portfolio of claims within delegated authority, with appropriate oversight.
  • Liaise with brokers, clients, loss adjusters and other external partners throughout the claims lifecycle.
  • Support negotiations and settlements, including involvement in discussions on coverage and quantum.
  • Maintain accurate and timely claims records, including use of claims systems and documentation.
  • Assist with large loss reporting and internal updates.
  • Contribute to delivering a high standard of claims service to clients and stakeholders.
  • Collaborate with underwriting and other internal teams as required.
  • Continuously develop technical knowledge and understanding of relevant classes of business.

Qualifications, skills and experience

Essential

  • Knowledge of Professional Indemnity class of business.
  • Ability to handle a portfolio of claims within delegated authority, with appropriate oversight.
  • Liaison with brokers, clients, loss adjusters and other external partners throughout the claims lifecycle.
  • Support negotiations and settlements, including involvement in discussions on coverage and quantum.
  • Maintain accurate and timely claims records, including use of claims systems and documentation.
  • Assist with large loss reporting and internal updates.
  • Contribute to delivering a high standard of claims service to clients and stakeholders.
  • Collaborate with underwriting and other internal teams as required.
  • Continuously develop technical knowledge and understanding of relevant classes of business.

Desirable

  • Exposure to complex claims across relevant lines of business.
  • Knowledge of Directors and Officers, Financial Institutions and Cyber.
  • 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.

Claims Adjuster - Financial Lines in London employer: Starr Insurance

At Starr, we pride ourselves on being a dynamic employer that fosters innovation and personal growth within an entrepreneurial culture. Our commitment to employee development is reflected in our first-class training opportunities and the chance to work alongside experienced professionals in the Financial Lines sector, all while enjoying the benefits of a supportive and inclusive environment. Join us in London, where you can build meaningful relationships and advance your career in a rapidly growing global insurance leader.
Starr Insurance

Contact Detail:

Starr Insurance Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Starr. Building relationships can give you insider info and might just land you an interview.

✨Tip Number 2

Prepare for those interviews! Research common claims adjuster scenarios and think about how you'd handle them. Practising your responses will help you feel more confident when it’s time to shine.

✨Tip Number 3

Show off your skills! During interviews, highlight your knowledge of Professional Indemnity and any relevant experience. Make sure to discuss how you can contribute to Starr's high standard of claims service.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Starr team.

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

Knowledge of Professional Indemnity
Claims Strategy Development
Claims Investigation
Claims Reserving
Claims Resolution
Portfolio Management
Stakeholder Management
Negotiation Skills
Settlement Support
Claims Record Maintenance
Familiarity with Claims Systems (e.g. ECF, Docosoft)
Understanding of Directors and Officers
Understanding of Financial Institutions
Understanding of Cyber Insurance
Progress towards ACII or equivalent qualification

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Claims Adjuster role. Highlight any relevant experience in handling Professional Indemnity claims or similar areas, as this will catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit for Starr. Don’t forget to mention your interest in developing your career in Financial Lines.

Showcase Your Communication Skills: As a Claims Adjuster, you'll be liaising with various stakeholders. Make sure your application demonstrates your strong communication skills, whether through examples of past experiences or how you articulate your thoughts in writing.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Starr!

How to prepare for a job interview at Starr Insurance

✨Know Your Claims Inside Out

Make sure you brush up on your knowledge of Professional Indemnity and other relevant classes like Directors and Officers, Financial Institutions, and Cyber. Being able to discuss these topics confidently will show that you're serious about the role and understand the complexities involved.

✨Showcase Your Negotiation Skills

Prepare examples from your past experiences where you've successfully negotiated or resolved claims. Starr values impactful decision-making, so demonstrating your ability to handle negotiations and settlements will set you apart from other candidates.

✨Familiarise Yourself with Claims Systems

If you have experience with claims systems like ECF or Docosoft, be ready to talk about it. If not, do a bit of research to understand how these systems work. This shows initiative and a willingness to learn, which is crucial in a fast-paced environment like Starr.

✨Ask Insightful Questions

Prepare thoughtful questions about the company culture, team dynamics, and growth opportunities. This not only shows your interest in Starr but also helps you gauge if it's the right fit for you. Remember, interviews are a two-way street!

Claims Adjuster - Financial Lines in London
Starr Insurance
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>