At a Glance
- Tasks: Evaluate and manage Accident & Health claims while ensuring compliance with company standards.
- Company: Join a leading insurance firm known for its commitment to excellence.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real difference by helping clients recover from accidents and health issues.
- Qualifications: 3-5 years of claims experience and knowledge in the insurance sector.
- Other info: Dynamic team environment with opportunities for international client interaction.
The predicted salary is between 36000 - 60000 £ per year.
Role Purpose
To assess and evaluate the recoverability of all Accident & Health and Travel claims on policies underwritten by the Company whilst 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;
- Effective management of Claims outcomes, including reporting to and sign off by the Claims Manager and or Senior Claims Adjuster, where appropriate;
- Produce timely and accurate large loss forms for Senior Management’s review.
- Attend client meetings with Underwriters and/or Claims Managers (UK or internationally) in order 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 adhering to 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. 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;
- Reviewing loss fund adequacy and pursue recovery of loss funds on prior years where appropriate;
- Assist CST where required to ensure that claims errors/warnings for Syndicate Claims Messages (SCMs) and Underwriter Settlement Messages (USMs) are cleared by each month end;
- Assist CST where required 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 relevant claims experience; Knowledge of specific line of business.
Claims Adjuster - Accident & Health in City of London employer: Starr
Contact Detail:
Starr Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Claims Adjuster - Accident & Health in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their claims process. Be ready to discuss how your experience aligns with their needs, especially around Accident & Health claims.
✨Tip Number 3
Practice your pitch! You want to be able to clearly explain your background and how it relates to the role of a Claims Adjuster. Keep it concise and engaging to grab their attention.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Claims Adjuster - Accident & Health in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Claims Adjuster role. Highlight your relevant experience in Accident & Health claims and any specific knowledge you have about the industry. 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 adjusting and how your background makes you a great fit for our team. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: In claims adjusting, attention to detail is key. When filling out your application, make sure everything is accurate and well-organised. This will show us that you can handle the meticulous nature of the job!
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’s super easy – just follow the prompts!
How to prepare for a job interview at Starr
✨Know Your Claims Inside Out
Make sure you brush up on your knowledge of Accident & Health claims and the specific policies underwritten by the company. Familiarise yourself with the claims procedure guidelines and Starr and Lloyd’s Minimum Standards, as this will show that you're serious about the role and understand the industry.
✨Prepare for Scenario Questions
Expect to be asked how you would handle specific claims situations. Think of examples from your past experience where you've successfully managed claims outcomes or resolved issues. This will demonstrate your problem-solving skills and ability to work under pressure.
✨Showcase Your Attention to Detail
Since the role involves processing Electronic Claim Files and ensuring compliance with Service Level Agreements, highlight your attention to detail. Bring examples of how you've maintained accuracy in your previous roles, especially when managing documentation and claims records.
✨Engage with the Interviewers
Don’t forget that interviews are a two-way street! Prepare some thoughtful questions about the team dynamics, the company culture, and how they measure success in the role. This not only shows your interest but also helps you gauge if the company is the right fit for you.