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

Senior Claims Adjuster - Financial Lines in London

London Full-Time 55000 - 65000 ÂŁ / year (est.) No home office possible
S

At a Glance

  • Tasks: Manage complex financial claims and lead negotiations for resolution.
  • Company: Join a fast-growing global insurance organisation with a dynamic culture.
  • Benefits: Competitive salary, professional development, and opportunities for mentorship.
  • Other info: Opportunity to work with a passionate team and grow your career.
  • Why this job: Make an impact in the insurance industry while developing your leadership skills.
  • Qualifications: Experience in handling large claims and strong collaboration skills required.

The predicted salary is between 55000 - 65000 ÂŁ per year.

Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world's fastest‐expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.

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

  • In depth knowledge of all Financial Lines products.
  • 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.
  • 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).

Senior Claims Adjuster - Financial Lines in London employer: Starr

Starr is an exceptional employer that fosters a dynamic and inclusive work culture, where talented individuals can thrive in their careers. With a strong emphasis on professional development, employees are encouraged to grow through mentorship and collaboration, particularly in the Senior Claims Adjuster role, which offers the opportunity to manage complex claims and influence strategic decisions. Located in a global hub for insurance, Starr provides a unique environment that supports innovation and client engagement, making it an ideal place for those seeking meaningful and rewarding employment.
S

Contact Detail:

Starr Recruiting 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! Reach out to your connections in the insurance industry, especially those who work with Financial Lines. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of complex claims and the latest trends in Financial Lines. We want you to showcase your expertise and confidence when discussing your experience handling high-value claims.

✨Tip Number 3

Don’t just wait for job postings! Be proactive and reach out directly to companies like Starr. Express your interest in their work and ask if they have any upcoming opportunities that might suit your skills.

✨Tip Number 4

When you land an interview, remember to highlight your collaboration skills. Talk about how you've worked with underwriters and other teams to deliver top-notch claims service. We want to see how you can fit into our passionate workforce!

We think you need these skills to ace Senior Claims Adjuster - Financial Lines in London

Claims Management
Financial Lines Knowledge
Negotiation Skills
Large Loss Reporting
Stakeholder Communication
Relationship Building
Collaboration with Underwriters
Technical Leadership
Mentoring Skills
Claims Systems Familiarity (e.g. ECF, Docosoft)
Strategic Influence
Problem-Solving Skills
Continuous Professional Development
Professional Qualification (ACII or equivalent)

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 and any complex claims you've managed. We want to see how your skills align with 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 joining Starr and how your background makes you a perfect fit. We love seeing enthusiasm and a personal touch.

Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just duties. Did you lead a successful negotiation or improve a process? We want to know how you made an impact in your previous roles!

Apply Through Our Website: Don't forget to apply 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 to do!

How to prepare for a job interview at Starr

✨Know Your Financial Lines Inside Out

Make sure you brush up on your knowledge of Financial Lines products, especially Professional Indemnity and Directors and Officers. Be ready to discuss specific cases you've handled and how you approached complex claims. This will show that you’re not just familiar with the terms but can also apply your knowledge practically.

✨Showcase Your Leadership Skills

Since the role involves mentoring junior colleagues and leading claim strategies, prepare examples that highlight your leadership experience. Think about times when you’ve influenced strategy or resolved disputes effectively. This will demonstrate your capability to take charge and guide others.

✨Prepare for Negotiation Scenarios

Expect to be asked about your negotiation tactics, especially regarding contentious claims. Prepare a few scenarios where you successfully negotiated settlements or resolved coverage disputes. This will help you illustrate your problem-solving skills and ability to handle pressure.

✨Engage with the Starr Brand

Familiarise yourself with Starr’s values and recent developments in the industry. Be prepared to discuss how you can contribute to promoting the brand at market events. Showing genuine interest in the company and its mission will set you apart as a candidate who is not only qualified but also passionate about joining their team.

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

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>