At a Glance
- Tasks: Manage complex claims and lead negotiations while supporting business development.
- Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
- Benefits: First-class training, inclusive culture, and opportunities for career growth.
- Other info: Mentorship opportunities and a commitment to developing talent.
- Why this job: Make impactful decisions and build lasting client relationships in a dynamic environment.
- Qualifications: In-depth knowledge of Financial Lines products and strong communication skills.
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 in London employer: Starr Insurance
Contact Detail:
Starr Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Claims Adjuster - Financial Lines in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience with complex claims and your leadership skills. Share specific examples of how you've tackled challenges in the past – it’ll show them you’re the real deal!
✨Be Ready for the Spotlight
Prepare for interviews by practising your responses to common questions, especially around negotiation and strategy. You want to come across as confident and knowledgeable, so rehearse those key points until they roll off your tongue.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining Starr and being part of our dynamic team.
We think you need these skills to ace Senior Claims Adjuster - Financial Lines in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Claims Adjuster role. Highlight your expertise in Financial Lines and any leadership roles you've held, as we want to see how you can contribute to our dynamic team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about claims adjusting and how your background makes you a perfect fit for Starr. Don’t forget to mention specific examples of your experience with complex claims.
Showcase Your Communication Skills: Strong communication is key in this role. In your application, demonstrate how you've effectively communicated with clients and brokers in the past. We love seeing candidates who can articulate their thoughts clearly and confidently.
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 us you’re keen on joining our team at Starr!
How to prepare for a job interview at Starr Insurance
✨Know Your Financial Lines Inside Out
Make sure you brush up on all the Financial Lines products before your interview. Understand the nuances of Professional Indemnity, Directors and Officers, Financial Institutions, and Cyber claims. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Showcase Your Leadership Skills
Since this role involves mentoring junior colleagues and leading claim strategies, be prepared to discuss your past leadership experiences. Share specific examples where you've influenced strategy or guided a team through complex claims. This will demonstrate your capability to thrive in Starr's entrepreneurial culture.
✨Prepare for Negotiation Scenarios
Expect to discuss how you handle contentious claims and negotiations. Think of a few challenging situations you've faced and how you resolved them. Being able to articulate your approach to negotiation will highlight your 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 with brokers and clients in the past. Share any successful strategies you've used to enhance client retention or support new business opportunities, as this aligns perfectly with the company's goals.