AXIS Capital Holdings Limited

Claims Specialist - Excess Casualty

AXIS Capital Holdings Limited$90K — $125K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in claims management, specifically in excess casualty.
  • Strong understanding of coverage determinations and liability assessment.
  • Proficient in drafting coverage correspondence and mediation participation.
  • Experience collaborating with legal teams on complex claims.
  • Ability to lead process improvement initiatives within claims operations.
  • Expertise in developing training materials for claims processing staff.
  • Commitment to continuous professional development in claims management.

Responsibilities

  • Assess claims to verify coverage, liability, and settlement value.
  • Analyze coverage and draft necessary correspondence for claims resolution.
  • Participate in mediations and attend trials as required to support the claims process.
  • Lead initiatives to improve the efficiency and accuracy of claims processing within the team.
  • Collaborate with internal legal and investigative teams on complex claims resolution.
  • Provide expert opinions on best practices during cross-functional meetings.
  • Manage costs through collaboration with Litigation Management and Vendor Management teams.

Benefits

  • Medical plans for employees and their families.
  • Comprehensive health and wellness programs.
  • Retirement plans with employer matching.
  • Tuition reimbursement for professional development.
  • Paid vacation and other leave policies.
  • Potential for performance-based incentive compensation.
Full Job Description
Claims Specialist, Excess Casualty - North America Claims

Job Code

About the Team

AXIS is hiring a Claims Specialist, Excess Casualty, to support its expanding presence in North America's Excess market.

How does this role contribute to our collective success?

You will handle commercial excess casualty claims by verifying coverage, conducting investigations, developing resolutions, and authorizing disbursements within authority limits. Ensure consistent communication with stakeholders, brokers, and insureds to uphold service excellence. Process, analyze, investigate, evaluate, and resolve claims for accurate settlements. Collaborate with internal teams and external stakeholders to deliver exceptional service and support claims department success.

What Will You Do In This Role?

  • Assessing claims within a specialized area to determine coverage, liability, and settlement value.
  • Analyzing coverage and drafting coverage correspondence.
  • Participating in mediations and attending trials as required.
  • Leading initiatives to enhance claims processing efficiency and accuracy within the team.
  • Collaborating with legal and investigative teams to resolve complex or contentious claims.
  • Providing expert opinions on claims handling best practices during cross-functional meetings.
  • Managing costs in collaboration with the Litigation Management and Vendor Management teams
  • Participating in professional associations to stay abreast of changes in claims management.
  • Communicating with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors (both external and internal)


About You

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What We're Looking For

  • Be recognized as a subject matter expert in claims within their area of specialization.
  • Exhibit the ability to network effectively and leverage professional associations for knowledge enhancement.
  • Demonstrate the capability to lead process enhancement initiatives within a claims environment.
  • Possess the skills to provide expert opinions and insights during cross-functional discussions.
  • Be adept at creating and directing the development of training materials relevant to claims processing.
  • Show a commitment to continuous professional development in the field of claims management.
  • Have the ability to critically review and update claims procedures to maintain regulatory compliance.
  • Be capable of mentoring peers and fostering their professional growth within the claims discipline.


Role Factors

This role requires you to be in the office 3 days per week and adhere to AXIS licensing requirements

What We Offer

For this position, we currently expect to offer a base salary in the range of $90,000 to $125,000. 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.

About AXIS Capital Holdings Limited

AXIS Capital Holdings Limited is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance. The company operates through two segments: Insurance and Reinsurance. AXIS provides a range of insurance coverage and reinsurance to insurance companies, wholesalers, regional brokers, and national brokers. The company was founded in 2001.
Learn more about AXIS Capital Holdings Limited
Size
2,082 employees
Market Cap
$4.5 billion
Industry
Net Income
-$120.4 million
5 Year Trend
+5.7%
Revenue
$4.8 billion
NASDAQ

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