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: Enjoy competitive pay, inclusive culture, and top-notch training opportunities.
- Other info: Be part of a diverse team committed to your growth and success.
- Why this job: Make a real impact in the fast-paced world of international insurance.
- Qualifications: 3-5 years of claims experience, especially in international casualty.
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 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
Starr is an exceptional employer that fosters an entrepreneurial culture, empowering employees to innovate and make impactful decisions within the dynamic Aviation division. With a commitment to employee growth, we offer first-class training and development opportunities, ensuring that you can build a rewarding career while working alongside accessible leaders in the heart of the London Insurance Market.
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 might just land you an interview.
✨Tip Number 2
Prepare for interviews by researching common claims scenarios and how to handle them. Brush up on your knowledge of international casualty claims and be ready to discuss your experience in detail. We want to see your expertise shine!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your past roles, highlight specific claims you've managed and the outcomes. This will demonstrate your ability to handle the responsibilities of a Claims Adjuster effectively.
✨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 genuinely interested in joining the Starr team. Let’s get you on board!
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 match the job description. We want to see how you fit into our world!
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 aligns with our needs. Keep it engaging and personal – we love a bit of personality!
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just duties. Use numbers and examples to demonstrate how you've made an impact in previous roles. We’re all about results here at StudySmarter!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Starr Insurance
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of international casualty claims and the specific policies underwritten by the company. Familiarise yourself with Starr's claims procedures and Lloyd’s Minimum Standards, as this will show that you're serious about the role and understand the industry.
✨Prepare for Scenario Questions
Expect to be asked 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.
✨Showcase Your Communication Skills
As a Claims Adjuster, you'll need to communicate effectively with clients, underwriters, and other stakeholders. Practice articulating your thoughts clearly and confidently. You might even want to prepare a few questions to ask during the interview to demonstrate your engagement and interest.
✨Highlight Your Attention to Detail
In this role, accuracy is key. Be ready to discuss how you ensure compliance with service level agreements and how you manage documentation and claims records. Providing examples of how you've maintained high standards in your previous roles will help reinforce your suitability for the position.