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Senior Claim Specialist , Complex Property Claims
Axis Capital New York, NY
$175k-225k (estimate)
Full Time | Securities 6 Months Ago
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Axis Capital is Hiring a Senior Claim Specialist , Complex Property Claims Near New York, NY

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 is seeking aSenior Claim Specialist, Complex Property Claims to join our North America Claims team. This role will report to the Head of Specialty Complex Claims. As a direct report to the Head of Specialty Complex Claims, you should be able to handle and manage various severity/complex claims with coverage issues and coverage litigation or arbitration involving Commercial Property.

This role will be responsible for:

  • Direct management of claims involving significant potential severity/complexity, complex coverage issues, and/or portfolio exposures that, in management's judgment, should be managed by the Specialty Complex team.
  • Responsibilities include investigating, analyzing, and evaluating coverage, liability, and damages according to claims best practices.
  • Direct management of coverage disputes, including litigated and arbitrated matters initiated by Axis issuing companies and when Axis issuing companies are parties to such litigation
  • Formulating claims and litigation strategies, assigning, directing, and managing outside counsel in coverage litigation or arbitration
  • Managing selection of and requests to hire coverage counsel
  • Managing coverage counsel and litigation costs, as well as collaborating and working with the Litigation Management and Vendor Management teams, ensuring cost management and the development and enhancement of the coverage counsel panel
  • Managing discovery issues and responses, including opportunities to ensure consistency as well as identifying relevant and responsive information and ensuring proper and adequate preparation of company witnesses for deposition and trial testimony
  • Guiding the North American claims teams regarding coverage issues, coverage disputes and claim handling issues, time-limited demands, and emerging issues, including strategic direction, as well as recommending and approving outside coverage counsel assignments
  • Reviewing Coverage positions for matters pending in Washington State, Missouri, Illinois, Montana, Texas, and other states that may be added via the Specialty Complex Claims Referral Guidelines
  • Collaborating across disciplines and business units, including with the Office of General Counsel that oversees errors and omissions issues arising from claims handling
  • Identifying liability and coverage trends and issues with both individual and portfolio impact and formulating the processes and strategies for managing such claims as well as the related coverage issues, ensuring accurate and consistent claims management across impacted underwriting segments and lines of business
  • Supporting underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments
  • Actively coaching and mentoring the North American claim teams on coverage issues and guidance
  • Build and maintain key relationships with internal stakeholders (e.g., Axis International Claims and Axis Reinsurance Claims, Underwriting, Actuarial, various executive management leaders) and external stakeholders (e.g., brokers, insureds, attorneys, auditors, reinsurers, and vendors)
  • Communication with senior executives, brokers, reinsurers, actuaries, insureds, and auditors (both external and internal)

KEY SKILLS & ABILITIES:

  • 5 years of claims handling experience involving a wide variety of coverage issues and coverage litigation involving Commercial Property
  • Demonstrated leadership, organizational, and management skills
  • Experience practicing law as well as claims management (both directly managed and TPA-managed claims)
  • Demonstrated ability to influence and collaborate at all organizational levels, both internally and externally, as well as the ability to identify and resolve complex, disputed claims
  • Analytical thinker who can drive results using all facets of the legal and claims processes
  • Understanding of and ability to balance both the immediate claim issues as well as the broader portfolio impact and customer service impact of coverage disputes and issues
  • Excellent oral and written communication skills with the ability to deal effectively with people with conflicting expectations, differing opinions, and multiple viewpoints
  • Demonstrated ability and experience handling coverage issues involving a wide variety of commercial property loss scenarios as well as reporting and presenting about same to senior management
  • In-depth knowledge of claims, litigation, arbitration, and trial processes, as well as excellent analytical, investigative, and negotiating skills
  • Law Degree and admission in good standing to one of the fifty state bars
  • Adjuster Licenses in all states are required by AXIS
  • Travel is associated with this role (e.g.,team management, court proceedings, mediations, and settlement)

Work Profile

Based in one of our New York offices, this position provides a hybrid work environment three days a week. Additionally, regular travel is necessary to engage in face-to-face meetings with key partners and company events.

For this position, we currently expect to offer a base salary in the range of $ 120K - $165K. The specific salary offer will be based on an assessment of a variety of factors, including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package that includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more

Job Summary

JOB TYPE

Full Time

INDUSTRY

Securities

SALARY

$175k-225k (estimate)

POST DATE

11/05/2023

EXPIRATION DATE

04/26/2024

WEBSITE

axiscapital.com

HEADQUARTERS

ATLANTA, GA

SIZE

1,000 - 3,000

FOUNDED

2013

CEO

RAVI PATEL

REVENUE

$500M - $1B

INDUSTRY

Securities

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About Axis Capital

Expertise in complex risks. Underwriting excellence. Superior service and claims handling. These attributes define AXIS they are our DNA. AXIS brings the sophistication of a top specialty insurer and global reinsurer and the agility of a firm with entrepreneurial roots. AXIS was built to help our clients and partners navigate the challenges of a volatile world. Our business strategy is driven by a philosophy that we will win with our partners. We write business from a position of leadership and relevance in our chosen markets. Our underwriters are known for their business acumen and technical... expertise. In a world where risks are borderless, and the threats may be unseen we stand by our clients during their toughest times. We give people and businesses the confidence they need to pursue their goals and ambitions. Our strength is grounded in our people and in our corporate culture, which encourages collaboration, diversity and entrepreneurialism. A purpose-driven organization, we strive to leave a positive imprint on the world through responsible business practices. This is who we are. This is AXIS. More
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