At a Glance
- Tasks: Manage complex financial claims and lead negotiations for resolution.
- Company: Join a global insurance leader with a focus on innovation and growth.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
- Other info: Mentorship opportunities and a commitment to diversity and inclusion.
- Why this job: Make a real impact in a dynamic environment while developing your leadership skills.
- Qualifications: In-depth knowledge of Financial Lines and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
This role plays a key part in the success of Financial Lines Claims and offers the opportunity to contribute to business development, support underwriting strategy and further develop leadership capabilities within a growing, dynamic organization.
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, building and maintaining strong relationships, and 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 a 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.
- 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 toward, or interest in, pursuing ACII (or equivalent professional qualification).
Starr is an equal opportunity employer and we 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 are committed to creating an inclusive environment for all employees. Our aim is to grow our own talent and bring out the best in people.
Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry. Our talented and experienced associates manage risk and support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace.
Senior Claims Adjuster - Financial Lines in London employer: Starr Underwriting Agents Limited
Starr is an exceptional employer that fosters a dynamic and inclusive work culture, providing Senior Claims Adjusters with the opportunity to lead complex claims while contributing to business development. With a strong emphasis on employee growth, mentorship, and collaboration, team members are encouraged to enhance their skills and advance their careers in a supportive environment. Located in a competitive marketplace, Starr offers unique advantages such as exposure to high-value claims and the chance to build lasting relationships with clients and brokers.
Contact Details:
Starr Underwriting Agents Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Claims Adjuster - Financial Lines in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals at events or online. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show off your expertise! When you get the chance, share your knowledge about Financial Lines claims in discussions or presentations. This not only showcases your skills but also positions you as a thought leader in the field.
✨Tip Number 3
Be proactive in following up! After interviews or networking events, drop a quick thank-you email. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. Plus, it’s a great way to ensure your application gets the attention it deserves.
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 is tailored to the Senior Claims Adjuster role. Highlight your experience with Financial Lines products and any leadership roles you've held. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about claims management and how you can contribute to our team. Don’t forget to mention your experience with complex claims and your collaboration skills.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to handle large and complex claims. We love numbers, so if you can quantify your successes, even better!
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!
How to prepare for a job interview at Starr Underwriting Agents Limited
✨Know Your Financial Lines Inside Out
Make sure you brush up on all the Financial Lines products, especially Professional Indemnity and Cyber. Being able to discuss these in detail will show your depth of knowledge and help you stand out.
✨Prepare for Complex Claims Scenarios
Think about some complex claims you've handled in the past. Be ready to discuss your approach to investigation, reserving, and negotiation. This will demonstrate your experience and strategic thinking.
✨Show Off Your Communication Skills
Since strong communication is key, practice articulating your thoughts clearly. You might be asked to present large-loss reports or negotiate contentious claims, so being concise and confident is crucial.
✨Highlight Your Leadership Experience
Be prepared to talk about how you've mentored junior colleagues or led teams. Share specific examples that showcase your ability to influence strategy and support others in their development.
