Senior Claims Specialist

AXIS (AXIS Capital); Chicago (IL); Hybrid; USD 130,000 - 160,000; Full time

Benefits offered by this job

Medical plans

Retirement plans

Tuition reimbursement

Paid vacation

Wellness programs

Comprehensive benefits

Job summary

AXIS Capital in Chicago is hiring a Senior Claims Specialist for EPL and Fiduciary Claims to lead complex Employment Practices Liability and Fiduciary matters within the North America Claim Team. The role involves investigating, analyzing coverage, mediations, drafting coverage letters, mentoring junior adjusters, and collaborating with underwriting, actuarial and external counsel.

The position requires a JD, strong communication, teamwork, and the ability to work on-site 3 days per week in the

Qualifications

• JD required and strong litigation management skills.
• Ability to independently draft coverage letters.
• Excellent oral and written communication with stakeholders.
• Experience in EPL and Fiduciary claims is preferred.
• Team collaboration and deadline orientation essential.

Responsibilities

• Handle and manage complex Employment Practices Liability Claims to valuation and settlement.Attend mediations and monitor trials as needed.
• Draft coverage correspondence and advise on coverage issues with counsel.
• Mentor junior claims adjusters and support underwriting and actuarial teams.
• Maintain records and collaborate with senior executives, brokers and insureds.

Skills

Litigation management

Investigation

Dispute resolution

Drafting coverage letters

Communication skills

Education

Juris Doctorate

Job description

This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

Senior Claims Specialist - EPL and Fiduciary Claims

AXIS is hiring a Senior Claims Specialist - EPL and Fiduciary Claims for its North America Claim Team.

This role involves managing primary and excess claims for various AXIS policy forms.

How does this role contribute to our collective success?

The individual will manage claims by investigating, analyzing, and evaluating coverage for Employment Practices and Third Party Liability claims. This individual will also have the opportunity to develop knowledge and expertise in Fiduciary Claims.

What Will You Do In This Role?

• Handling and managing complex Employment Practices Liability Claims to determine appropriate valuation, settlement strategies and ensure adherence to company policies.
• Experience with Fiduciary claims is a plus.
• Attending mediations and monitoring trials as necessary.
• Drafting coverage correspondence on primary claims, negotiating complex coverage issues, and recommending outside coverage counsel when warranted.
• Mentoring junior claims adjusters.
• Supporting underwriting and actuarial teams by maintaining data and analytics.
• Maintaining and developing relationships with senior executives, brokers, underwriters, insureds, and outside counsel.
• Managing costs in collaboration with the Litigation Management and Vendor Management teams.
• Maintaining accurate records of claim activities and updating systems with relevant information in a timely manner.

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

• Hold a Juris Doctorate.
• Demonstrate ability to work as a team and meet deadlines.
• Have skills in litigation management, investigation, dispute resolution.
• Have experience independently drafting coverage letters.
• Have excellent oral and written communication skills with the ability to deal with a wide range of stakeholders.

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 $130,000 - $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.

About AXIS

About Axis This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process. AXIS Persona AXIS Capital seeks professionals who thrive in a dynamic, high-performing environment grounded in humility and mutual respect. We employ those who exemplify our core values of People, Excellence, Decisiveness, and Stronger Together. We are a team characterized by integrity and self-discipline, striving for continuous improvement and driven to achieve ambitious results. Our focus is on hiring, developing, retaining, and rewarding individuals who excel in: Purposeful Action: Delivering top-tier work with a data-driven approach and operating at AXIS speed. Collaborative Decision-Making: Valuing input from all relevant groups and being open to debate. Able to leave their ego at the door and be committed to achieving results through teamwork, fully supporting decisions once made. Measuring Outcomes: Consistently evaluating performance against established expectations. The AXIS employee will cultivate a collaborative workplace atmosphere, fostering trust within the team. We believe in respectful challenges, presuming best intent, and building meaningful relationships with colleagues, customers, and the communities we serve. Joining our team means becoming part of a workplace where every individual’s contributions are valued, and excellence is pursued with purpose and passion. Together, we elevate our standards, achieve ambitious results, and make a lasting impact on each other and those we serve

This posting is for an existing vacancy.