Senior Claims Specialist

AXIS Capital; Short Hills (NJ); On-site; USD 130,000 - 160,000; Full time

Benefits offered by this job

Medical plans

Retirement plans

Tuition reimbursement

Paid vacation

Wellness programs

Job summary

AXIS Capital in the United States is seeking a Senior Claims Specialist for Employment Practices Liability and Fiduciary claims. You will investigate, analyze, and evaluate coverage, attend mediations and trials as needed, and mentor junior adjusters while supporting underwriting and actuarial teams.

Applicants should hold a Juris Doctorate, demonstrate teamwork and deadlines, and have litigation management, investigation, dispute resolution, and drafting coverage letters.

Qualifications

• JD required and ability to work with multiple stakeholders.
• Experience in litigation management, investigation and dispute resolution.
• Experience independently drafting coverage letters.
• Excellent oral and written communication with diverse stakeholders.

Responsibilities

• Handle and manage complex Employment Practices Liability Claims to determine valuation and settlement.
• Attend mediations and monitor trials as necessary.
• Draft coverage correspondence and negotiate complex coverage issues.
• Mentor junior claims adjusters.
• Support underwriting and actuarial teams with data and analytics.
• Maintain relationships with senior executives, brokers, underwriters, insureds, and outside counsel.
• Manage costs in collaboration with Litigation Management and Vendor Management teams.
• Maintain accurate records and timely data entry.

Skills

Juris Doctorate

Teamwork

Litigation management

Investigation

Dispute resolution

Drafting coverage letters

Oral and written communication

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/Fiduciary Job Code 13574

About the Team

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.
• 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

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.

Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.