Senior Claims Adjuster - Financial Lines in London
Senior Claims Adjuster - Financial Lines

Senior Claims Adjuster - Financial Lines in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
Starr Underwriting

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 your 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 required.

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 Underwriting

At Starr, we pride ourselves on being a leading employer in the commercial insurance sector, fostering an entrepreneurial culture that encourages innovation and impactful decision-making. Our commitment to employee growth is evident through our extensive training programmes and mentorship opportunities, ensuring that you can develop your leadership skills while working alongside accessible leaders in a dynamic environment. Join us in our vibrant location, where you'll not only manage complex claims but also build lasting relationships and contribute to meaningful business development.
Starr Underwriting

Contact Detail:

Starr Underwriting 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 professionals 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 or at networking events, make sure to highlight your knowledge of Financial Lines products. Share your experiences handling complex claims and how you've influenced strategies in previous roles.

✨Practice Your Pitch

Before interviews, practice explaining your approach to managing large loss claims and your negotiation tactics. Be ready to discuss specific examples that showcase your skills and how you’ve delivered results in past positions.

✨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

In-depth knowledge of Financial Lines products
Strong communication skills
Experience handling large and complex claims
Leadership experience in a lead position
Ability to influence strategy
Large loss reporting experience
Client service delivery
Collaboration skills with underwriting and internal teams
Continuous development of technical knowledge
Mentoring skills
Familiarity with claims systems (e.g. ECF, Docosoft)
Interest in pursuing ACII or equivalent qualification

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your knowledge of Financial Lines products and any relevant claims experience to show us you're the right fit for the role.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about this position at Starr. Share specific examples of how you've handled complex claims and contributed to strategy in previous roles, so we can see your potential impact.

Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application is clear and concise. Use professional language but let your personality shine through, so we get a sense of who you are beyond your qualifications.

Apply Through Our Website: We encourage you to apply directly through our website. This way, you’ll ensure your application gets to the right people and you can easily keep track of your application status. Plus, it shows us you're proactive!

How to prepare for a job interview at Starr Underwriting

✨Know Your Financial Lines Inside Out

Make sure you brush up on all the Financial Lines products before your interview. Being able to discuss Professional Indemnity, Directors and Officers, and Cyber claims in detail will show that you're not just familiar with the terms but can also handle complex scenarios.

✨Showcase Your Leadership Skills

Since this role involves leading claim strategies and mentoring junior colleagues, be prepared to share examples of how you've successfully led teams or projects in the past. Highlight your ability to influence strategy and drive results.

✨Prepare for Negotiation Scenarios

Expect to discuss your approach to negotiating contentious claims. Think of specific instances where you’ve navigated disputes over coverage or quantum, and be ready to explain your thought process and outcomes.

✨Build Rapport with Interviewers

Starr values strong relationships, so make an effort to connect with your interviewers. Ask insightful questions about their experiences and the company culture, showing that you’re genuinely interested in being part of their team.

Senior Claims Adjuster - Financial Lines in London
Starr Underwriting
Location: London

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