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+ years of experience in claims management, particularly within primary casualty insurance.
  • Proven expertise in analyzing and resolving complex claims across various jurisdictions.
  • Prior exposure to New York Labor Law, product liability, and complex litigation is essential.
  • Exceptional skills in drafting coverage correspondence and responding to tenders required.
  • Demonstrated ability to mentor junior claims adjusters effectively.
  • Strong negotiation skills with various stakeholders and external entities.
  • History of adhering to and enforcing claims processing policies.

Responsibilities

  • Evaluate complex claims to devise suitable settlement strategies.
  • Ensure timely handling and reserving of assigned claims.
  • Mentor and support junior claims adjusters to enhance their skills.
  • Utilize legal knowledge relevant to claims handling in specified jurisdictions.
  • Document all aspects of claims, including coverage and investigation findings.
  • Review contracts for risk transfer and coverage assessments.
  • Investigate potentially fraudulent claims and take necessary actions.

Benefits

  • Comprehensive medical plans for employees and their families.
  • Health and wellness programs promoting physical and mental well-being.
  • Retirement plans to support long-term financial health.
  • Tuition reimbursement to encourage ongoing education.
  • Paid vacation days for work-life balance.
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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