This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.
AXIS is seeking a Senior Claims Specialist, Casualty Programs to join our North America Programs Claims team and will report to the Claims Manager, Casualty Programs Claims. As a direct report to the Claims Manager, Casualty Programs Claims, the candidate should possess the ability to manage Casualty Programs claims with particular emphasis on New York Labor Law, Construction, and Complex Claims.
The ideal candidate will manage claims by investigating, analyzing and evaluating coverage for complex liability third-party casualty programs claims and be responsible for:
- Evaluating complex claims (TPA oversight and direct handle) to determine appropriate settlement strategies and ensure adherence to company policies
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- Ensuring timely evaluating, reserving and disposition of assigned claims
- Mentoring junior claims adjusters, providing guidance and support to enhance their professional development
- Utilizing working knowledge of the legal frameworks and claims handling practices relevant to the jurisdictions in which the claims arise. In particular, utilize a working knowledge of New York Labor Law, Construction and Complex claims.
- Documenting coverage, investigation, damages, reserve rationale, negotiations, etc associated with claim
- Reviewing contracts for risk transfer evaluations, coverage analysis and tender review
- Investigating potentially fraudulent claims and take appropriate action
- Identifying opportunities for subrogation and contribution to the claim
- Providing technical advice, training and guidance to TPA/Contractor adjusters including strategic direction
- Close collaboration with the Specialty Complex Claims team with regard to coverage disputes, including litigation and arbitration matters initiated by AXIS issuing companies and when AXIS issuing companies are parties to such litigation; Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims handling
- undefinedExhibit “best-in-class” claim handling behaviors as measured by feedback from internal and external business partnersAXIS Culture and Values – everyday demonstrate the AXIS behaviors that support and align with AXIS values: People, Decisiveness, Excellence and Stronger Together
KEY SKILLS & ABILITIES:
- 7-10+ years of claims handling experience in Casualty and/or Specialty Lines Claims, as well as:
- Be able to demonstrate expertise in evaluating and resolving complex claims within various jurisdictions.
- Have the ability to mentor and develop the professional skills of junior adjustersundefinedHave prior experience handling New York Labor Law, Product Liability and Complex litigation claims
- Have prior experience in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders
- Have prior experience overseeing TPAs
- Be skilled in negotiating settlements with various stakeholders to achieve equitable solutions
- Have the ability to recommend and justify the use of outside counsel in complex claims situations
- Be adept at networking and building relationships within professional and market associations
- Have a track record of adhering to and enforcing company policies and procedures in claims processing
- Valid licenses by state as required and add states to certifications as needed
- Travel is associated with this role (e.g., court proceedings, mediations, andsettlement)
For this position, we currently expect to offer a base salary in the range of $140,000 - $160,000 (NJ). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America, this role is Exempt for FLSA purposes.
This posting is for an existing vacancy.
