AXIS Capital Holdings Limited

Senior Claims Specialist, Excess Casualty Claims - NA

AXIS Capital Holdings Limited$140K — $160K *
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.
  • Expertise in assessing coverage, liability, and settlement values for complex claims.
  • Strong ability to communicate effectively with various stakeholders including brokers and insurers.
  • Proven experience in leading process efficiency initiatives within a claims department.
  • Capability to mentor junior claims professionals and develop training materials.
  • In-depth knowledge of regulatory compliance related to claims processing.
  • Experience with mediation and trial attendance as part of claims resolution.

Responsibilities

  • Assess complex excess casualty claims to determine coverage and settlement value.
  • Analyze claims coverage and draft correspondence accordingly.
  • Participate in mediations and attend trials as necessary.
  • Lead initiatives aimed at enhancing efficiency and accuracy in claims processing.
  • Collaborate with legal and investigative teams to resolve contentious claims.
  • Provide expert opinions on claims best practices in cross-functional meetings.
  • Manage claim costs with Litigation Management and Vendor Management teams.

Benefits

  • Comprehensive medical plans for employees and their families.
  • Health and wellness programs to support employee well-being.
  • Retirement plans to help employees save for the future.
  • Tuition reimbursement for ongoing education and development.
  • Paid vacation to promote work-life balance.
Full Job Description
Senior Claims Specialist, Excess Casualty - North America Claims Job Code 13573 About the Team AXIS is hiring a Senior 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 highly complex 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)  Serving as a mentor to claims professionals, fostering skill development and career progression. 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 $140,000 to $160,000. 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.

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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