AXIS Capital Holdings Limited

Senior Claims Specialist, Primary Claims

AXIS Capital Holdings Limited$105K — $160K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in complex claims management
  • Expertise in New York Labor Law and Product Liability
  • Proficient in drafting coverage correspondence and letters
  • Strong negotiation skills with multiple stakeholders
  • Track record of mentoring junior claims adjusters
  • Ability to assess the use of outside counsel in claims situations
  • Demonstrated adherence to company policies in claims processing

Responsibilities

  • Evaluate complex claims to develop effective settlement strategies
  • Ensure timely evaluation, reserving, and closure of claims
  • Mentor junior adjusters to enhance their professional skills
  • Utilize legal knowledge relevant to claims in various jurisdictions
  • Document all aspects of claims handling and processes
  • Review contracts for risk transfer and coverage analysis
  • Investigate potential fraud claims and take necessary actions

Benefits

  • Comprehensive medical plans for employees and family
  • Health and wellness programs
  • Retirement plans
  • Tuition reimbursement
  • Paid vacation and flexible time off
Full Job Description
Senior Specialist II, Claims Technician Job Code 13574 About the Team AXIS is hiring a Senior Claims Specialist - Primary Casualty for its North America Claim Team. This role involves managing primary claims for AXIS U.S. Primary Casualty policies. How does this role contribute to our collective success? The individual will manage claims by investigating, analyzing, and evaluating coverage and for complex liability third-party primary casualty claims. What Will You Do In This Role? • Evaluating complex claims to determine appropriate settlement strategies and ensure adherence to company policies. • Ensuring timely evaluation, 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 Construction and New York Labor Law. • 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 takes appropriate action • Identifying opportunities for contribution, subrogation and contribution to the claim 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 Were Looking For • 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 experience in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders • 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. 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 $105,000 - $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. 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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