At a Glance
- Tasks: Evaluate and manage Accident & Health claims while ensuring compliance with company standards.
- Company: Join a leading insurance firm committed to diversity and inclusion.
- Benefits: First-class training, development opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for growth and international collaboration.
- Why this job: Make a real difference in people's lives by handling important claims.
- Qualifications: 3-5 years of claims experience and knowledge of the insurance industry.
The predicted salary is between 35000 - 45000 £ per year.
Role Purpose
Assess and evaluate the recoverability of all Accident & Health and Travel claims on policies underwritten by the Company while 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.
Responsibilities
- Produce timely and accurate large loss forms for Senior Management’s review.
- Attend client meetings with Underwriters and/or Claims Managers (UK or internationally) 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 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.
- Attach all relevant documentation to each transaction and use comprehensive notes, outlining the current status and next steps, to enhance claims outcomes and reduce static claims.
- Review loss fund adequacy and pursue recovery of loss funds on prior years where appropriate.
- Assist CST to ensure that claims errors/warnings for Syndicate Claims Messages (SCMs) and Underwriter Settlement Messages (USMs) are cleared by each month end.
- Assist CST 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 of relevant claims experience; knowledge of specific line of business.
Equal Opportunity Employer
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.
Benefits
We offer first class training and development opportunities to all employees.
Claims Adjuster - Accident & Health employer: Starr Underwriting Agents Limited
Starr is an exceptional employer, offering a dynamic work culture that prioritises employee development and inclusivity. With first-class training opportunities and a commitment to equal opportunity, employees can thrive in their careers while contributing to meaningful claims management in the Accident & Health sector. Located in a vibrant area, the company fosters collaboration and professional growth, making it an ideal place for those seeking rewarding employment.
Contact Details:
Starr Underwriting Agents Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Claims Adjuster - Accident & Health
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Starr Underwriting Agents Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Starr Underwriting Agents Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Claims Adjuster - Accident & Health
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Starr Underwriting Agents Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Starr Underwriting Agents Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Starr Underwriting Agents Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Starr Underwriting Agents Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Starr Underwriting Agents Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Starr Underwriting Agents Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
