At a Glance
- Tasks: Support claims processing and ensure accurate data management in a dynamic environment.
- Company: Join Starr Insurance, a global leader in insurance and investment since 1919.
- Benefits: Inclusive workplace with first-class training, development opportunities, and a commitment to diversity.
- Why this job: Make a real impact in the insurance industry while growing your skills and career.
- Qualifications: Attention to detail and strong organisational skills are essential.
- Other info: Be part of a fast-growing company with a focus on integrity and customer care.
The predicted salary is between 28800 - 43200 £ 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 support the Claims function with administrative services, including London and Europe. Ensure the accuracy of claims data in line with the claims manual and general compliance with regulatory and Company procedures.
Roles and Responsibilities
- Take ownership of the weekly/monthly/quarterly reporting and other ad hoc reports.
- Manage claims processing in line with Starr and Lloyd's Minimum Standards and your letter of authority or if authority has been granted by an appropriate manager.
- 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.
- Processing and management of settled direct claims, including diaries, on DOCOsoft.
- SCM/USM daily processing and ensuring that all incorrect allocation of premium signings are brought to the attention of the UW Ops department for correction by XCS.
- Correction of any claim signings that have followed the premium signing into suspense.
- Processing of manual bridging reserves each quarter close and then the reconciliation and removal of them once the account has been updated.
- Follow up of direct/manual fees.
- Reviewing loss fund adequacy and manage recovery of loss funds on prior years.
- Upload of bordereaux's to DOCOsoft as appropriate.
- Monitor and manage ECF/Lirma incompletes.
- General administrative support on diary/static/fee follow up for all Complex Claims adjusters during busy periods of holiday cover.
- Other Ad Hoc administrative projects that come into the CST.
- Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
- Operate within the Company's standards for Treating Customers Fairly as per the Consumer Duty regulatory requirements.
- Manage any potential conflicts of interest to avoid disrepute to the Company's integrity.
- Advise Compliance and Management of any complaints immediately.
Performance measures
- Accuracy of data entry – Claims data, Management Information and SCM's/USM's.
- Accuracy of producing reports.
- Commitment to furthering technical knowledge and understanding.
- Complete, timely and accurate performance records, via Workday.
- Advise Compliance and Claims Manager of any complaints immediately.
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 Administrative Assistant in London employer: Starr Insurance
Contact Detail:
Starr Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Administrative Assistant in London
✨Tip Number 1
Get to know the company inside out! Research Starr Insurance Companies and understand their values, services, and culture. This will help you tailor your approach during interviews and show that you're genuinely interested in being part of the team.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info about the role and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for the interview by practising common questions related to claims processing and administrative tasks. Think about how your skills align with the job description and be ready to share specific examples from your past experiences.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the position. Plus, it’s a great opportunity to reiterate why you’d be a perfect fit for the Claims Administrative Assistant role.
We think you need these skills to ace Claims Administrative Assistant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Administrative Assistant role. Highlight relevant experience and skills that match the job description, like data accuracy and administrative support. We want to see how you can contribute 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 the insurance industry and how your background aligns with our values at Starr. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: Since accuracy is key in this role, make sure to demonstrate your attention to detail in your application. Double-check for typos and ensure all information is correct. We appreciate candidates who take pride in their work!
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. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Starr Insurance
✨Know Your Claims Inside Out
Familiarise yourself with the claims process and the specific responsibilities of a Claims Administrative Assistant. Understand the importance of accuracy in data entry and reporting, as this will be crucial in your role.
✨Showcase Your Attention to Detail
During the interview, highlight examples from your past experiences where your attention to detail made a difference. Discuss how you ensure compliance with procedures and how you manage documentation effectively.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about how you would handle situations like managing incomplete claims or correcting errors in data entry, and be ready to share your thought process.
✨Demonstrate Your Team Spirit
Starr values collaboration, so be prepared to discuss how you work well within a team. Share examples of how you've supported colleagues during busy periods or contributed to achieving team goals.