About the Role
AXIS is seeking a Senior Claims Specialist, Casualty Programs to join our North America Programs Claims team. This role will manage Casualty Programs claims with an emphasis on New York Labor Law, Construction, and Complex Claims, investigating, analyzing, and evaluating coverage for complex liability third-party casualty programs claims.
Responsibilities
- Evaluate complex claims (TPA oversight and direct handle) to determine appropriate settlement strategies and ensure adherence to company policies
- Ensure timely evaluation, reserving, and disposition of assigned claims
- Mentor junior claims adjusters, providing guidance and support to enhance their professional development
- Utilize working knowledge of legal frameworks and claims handling practices relevant to claim jurisdictions, particularly New York Labor Law, Construction, and Complex claims
- Document coverage, investigation, damages, reserve rationale, negotiations, etc. associated with claims
- Review contracts for risk transfer evaluations, coverage analysis, and tender review
- Investigate potentially fraudulent claims and take appropriate action
- Identify opportunities for subrogation and contribution to claims
- Provide technical advice, training, and guidance to TPA/Contractor adjusters, including strategic direction
- Collaborate with the Specialty Complex Claims team regarding coverage disputes, including litigation and arbitration matters
- Collaborate across disciplines and business units, including the general counsel team overseeing errors and omissions issues arising from claims handling
- Exhibit “best-in-class” claim handling behaviors as measured by feedback from internal and external business partners
- Demonstrate AXIS behaviors that support and align with AXIS values: People, Decisiveness, Excellence and Stronger Together
Requirements
- 7-10+ years of claims handling experience in Casualty and/or Specialty Lines Claims
- Demonstrate expertise in evaluating and resolving complex claims within various jurisdictions
- Ability to mentor and develop the professional skills of junior adjusters
- Prior experience handling New York Labor Law, Product Liability, and Complex litigation claims
- Prior experience in drafting coverage correspondence, writing coverage letters, and responding to/issuing tenders
- Prior experience overseeing TPAs
- Skilled in negotiating settlements with various stakeholders to achieve equitable solutions
- Ability to recommend and justify the use of outside counsel in complex claims situations
- Adept at networking and building relationships within professional and market associations
- 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, and settlement)
Skills
- New York Labor Law
- Construction Claims
- Complex Claims
- Product Liability
- Complex Litigation
- Coverage Analysis
- TPA Oversight
- Settlement Negotiation
- Risk Transfer Evaluation
- Subrogation Identification
- Contribution Identification
- Technical Advice
- Training
- Guidance
- Strategic Direction
- Litigation Management
- Arbitration Management
- Claims Handling Best Practices
- Networking
- Relationship Building
Location
- United States of America
Work Type
- Hybrid work model
- Exempt for FLSA purposes
Experience Level
- Senior
Salary/Compensations
- $125,000 - $145,000
- Competitive target incentive compensation
Benefits
- Comprehensive and competitive benefits package
- Medical plans for you and your family
- Health and wellness programs
- Retirement plans
- Tuition reimbursement
- Paid vacation
About the Company
- AXIS Capital is 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 proudly maintain an entrepreneurial, disciplined and ethical corporate culture.
- AXIS Capital is a leading provider of specialty insurance and global reinsurance.
- We give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions.
- Our strength is grounded in our people and culture, which encourages collaboration, diversity, and entrepreneurialism.
Equal Opportunity
- 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.
