Claims Specialist – Excess Casualty

AXIS•Chicago, IL

1d•Hybrid

About The Position

AXIS is hiring a Claims Specialist, Excess Casualty, to support its expanding presence in North America's Excess market. This role contributes to the company's success by handling commercial excess casualty claims. The Claims Specialist will verify coverage, conduct investigations, develop resolutions, and authorize disbursements within authority limits. They will ensure consistent communication with stakeholders, brokers, and insureds to uphold service excellence. The role involves processing, analyzing, investigating, evaluating, and resolving claims for accurate settlements. Collaboration with internal teams and external stakeholders is key to delivering exceptional service and supporting claims department success.

Requirements

Be recognized as a subject matter expert in claims within their area of specialization.
Exhibit the ability to network effectively and leverage professional associations for knowledge enhancement.
Demonstrate the capability to lead process enhancement initiatives within a claims environment.
Possess the skills to provide expert opinions and insights during cross-functional discussions.
Be adept at creating and directing the development of training materials relevant to claims processing.
Show a commitment to continuous professional development in the field of claims management.
Have the ability to critically review and update claims procedures to maintain regulatory compliance.
Be capable of mentoring peers and fostering their professional growth within the claims discipline.

Responsibilities

Assessing claims within a specialized area to determine coverage, liability, and settlement value.
Analyzing coverage and drafting coverage correspondence.
Participating in mediations and attending trials as required.
Leading initiatives to enhance claims processing efficiency and accuracy within the team.
Collaborating with legal and investigative teams to resolve complex or contentious claims.
Providing expert opinions on claims handling best practices during cross-functional meetings.
Managing costs in collaboration with the Litigation Management and Vendor Management teams.
Participating in professional associations to stay abreast of changes in claims management.
Communicating with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors (both external and internal).