Senior Claims Specialist

axiscapital; Short Hills (NJ); Hybrid; USD 130,000 - 160,000; Full time

Benefits offered by this job

Medical plans

Wellness programs

Retirement plans

Tuition reimbursement

Paid vacation

Job summary

AXIS Capital is seeking a Senior Claims Specialist for EPL and Fiduciary claims in North America. The role involves managing primary and excess claims, including coverage evaluation, mediations, and mentoring junior staff.

Strong JD, litigation skills, and stakeholder communication are essential. The position requires in-office presence three days per week, with a base salary range of $130,000 to $160,000, plus incentives and benefits including medical, retirement, and tuition reimbursement.

Qualifications

• 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.
• Excellent oral and written communication skills with a wide range of stakeholders.

Responsibilities

• Handling and managing complex Employment Practices Liability Claims to determine valuation and settlement strategies.
• Attending mediations and monitoring trials as necessary.
• Drafting coverage correspondence on primary claims and negotiating issues.
• Mentoring junior claims adjusters.
• Supporting underwriting and actuarial teams by maintaining data and analytics.
• Maintaining relationships with executives, brokers, underwriters, insureds and outside counsel.
• Managing costs in collaboration with Litigation and Vendor Management teams.
• Maintaining and updating claim records and systems.

Skills

Litigation management

Investigation

Dispute resolution

Drafting letters

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. 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.

• 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 statu