AXIS Capital Holdings Limited

Senior Claims Specialist, Casualty Programs

AXIS Capital Holdings Limited$125K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of claims handling experience in Casualty and/or Specialty Lines Claims
  • Expertise in evaluating and resolving complex claims across jurisdictions
  • Ability to mentor and develop junior adjusters
  • Experience with New York Labor Law, Product Liability, and Complex litigation claims
  • Proficient in drafting coverage correspondence and managing TPAs
  • Skilled negotiator with experience in settlements
  • Valid licenses as required by state, with availability to expand certifications.

Responsibilities

  • Manage and evaluate complex liability claims with emphasis on New York Labor Law and Construction
  • Ensure timely reserving and disposition of assigned claims
  • Mentor junior claims adjusters to support their professional growth
  • Review contracts for risk transfer and coverage analysis
  • Investigate potentially fraudulent claims and determine the necessary actions
  • Identify opportunities for subrogation and contribution in claims
  • Collaborate with Specialty Complex Claims team on coverage disputes including litigation matters.

Benefits

  • Comprehensive medical plans for employees and their families
  • Health and wellness programs
  • Retirement plans
  • Tuition reimbursement
  • Paid vacation
Full Job Description
AXIS Capital, Senior Claims Specialist - Casualty Programs Job Description 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 < >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 < >Exhibit "best-in-class" claim handling behaviors as measured by feedback from internal and external business partners AXIS 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 adjusters < >Have 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, and settlement) For this position, we currently expect to offer a base salary in the range of $125,000 - $145,000. 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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