Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Role Purpose
To conduct technical underwriting audits of all classes of business throughout Starr London and Starr Europe.
Roles and Responsibilities
Performance of technical underwriting audits to ensure that corporate and profit centre underwriting guidelines are followed.
Pre-audit preparation, audit execution and audit report preparation for profit centre and senior management.
Identify issues and report the same to the Chief Auditor and corporate senior management.
Make recommendations to rectify issues noted and devise an effective system to follow-up on the status of compliance.
Develop working relationships with key internal external stakeholders, i.e legal, compliance, reinsurance, credit department etc.
Assist in providing technical training and mentoring to newly joining or less experienced members of the team,
Perform ad hoc projects as needed.
Assist in providing technical training and mentoring to newly joining or less experienced members of the team.
Supervise and oversee junior team members on internal audit work.
Delegate tasks for development purposes and provide appropriate support and supervision.
Ensure necessary resources and skills to undertake all allocated tasks.
Identify and communicate training or resource gaps to management.
Manage any potential conflicts of interest to avoid disrepute to the Company’s integrity
Performance Measures
Complete audits for all profit centres in accordance with the schedule developed, while taking into account any recommendations made during the prior year's audit.
Be well informed about Starr's products as well as the profit centres’ guidelines and raters and maintain your understanding of the underwriting process.
Ensure that accounts/ policies selected for testing are a good reflection of the accounts underwritten by the PC, including selection of underwriters, accounts with losses and peer-reviewed accounts.
Ensure that audit reports are clear and concise and findings and recommendations are reasonable and practical and that reports are balanced and fully consider PC management feedback and input.
Work with fellow auditors to evaluate and identify ways to streamline the audit and report writing processes.
Role Holder Specification
Experience
7-10 years of insurance experience, preferably underwriting or audit; Good understanding of underwriting audit methodologies and standards; Good understanding of P&C Insurance, Reinsurance, and Managing General Agency operations; Good understanding of regulatory frameworks; and Good understanding of business processes and how they support the business.
Skills
High level of analytical capability; Good communication and writing Adept at handling different stakeholders Effective Team working; Professional presentation skills; Building a reputation of trust, fairness and reliability with PCs.
Qualifications
Relevant professional qualification. Bachelor's Degree.
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.
Starr Insurance Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Starr Insurance and has not been reviewed or approved by Starr Insurance.
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Healthcare Strength — Health coverage is frequently characterized as excellent, with comprehensive medical, dental, and vision options supported by wellness tools and an EAP. Feedback suggests additional voluntary protections (critical illness, accident, hospital indemnity) broaden overall healthcare security.
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Retirement Support — Retirement offerings include both a 401(k) and a defined‑benefit pension, which is often highlighted as a standout feature. Profit sharing is also referenced as part of the broader financial benefits mix.
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Strong & Reliable Incentives — Top performers in underwriting are described as receiving excellent pay with good bonuses and clear advancement opportunities.
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What We Do
Starr Insurance is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents. Starr has the global knowledge, vision and relationships to help your company succeed, anywhere you do business.
