Large Loss Claims Specialist, Commercial E&O

AXA•Dallas, TX

4d•Onsite

About The Position

Our Professional Liability Claims team sets us apart. Our experienced Claims professionals use their specialized expertise to handle the most complex claims seamlessly. As a Large Loss Specialist, you will be responsible for evaluating and handling complex insurance claims and litigation management duties within AXA XL's Commercial E&O Professional division for AXA XL, with a primary focus on Miscellaneous, Media, and Public Entity Liability claims. You will play a critical role on the team by managing and resolving Commercial E&O complex claims made against AXA XL's policyholders. You will work closely with your manager and coordinate with fellow claims handlers to guide claims to cost-effective resolution. You will interact and collaborate with underwriting team, brokers, and clients on assigned accounts taking ownership of critical issues relating to claims management. Our professional liability claims handlers are tasked with managing and resolving claims proactively in order to achieve exceptional outcomes.

Requirements

Technical background in Primary and Excess Commercial E&O claims, with preferred advanced experience handling and/or supervising Public Entity, Media, and Miscellaneous Professional Liability claims.
Demonstrated experience in written and verbal coverage position communications with insureds and brokers.
Proven ability to negotiate and settle complex claims files.
Advanced analytical skills and sound judgment.
Takes initiative and has the ability to work collaboratively.
Excellent verbal and written communication, negotiation, and presentations skills with the ability to communicate and interact internally and externally with senior management and business partners.
Building and refining effective working relationships with insured, brokers, claim handlers, underwriters, co-insurers, excess and reinsurers as well as external vendors including investigators and legal counsel.
High dedication to customer service, including professionalism and diplomacy in broker and insured relations.
Bachelor’s degree is required.
Active adjuster’s License.

Nice To Haves

Juris Doctor (J.D.) is preferred but not required.

Responsibilities

Managing and resolving Primary Duty to Defend and Excess Professional Liability claims in accordance with established Claim Department guidelines, service standards, and state regulations.
Providing thoughtful and comprehensive coverage analysis and acting as a resource to other claim handlers.
Providing support to our underwriting teams for policy wording and account reviews.
Partnering with internal and external counsel in setting and pursuing effective and cost-efficient litigation strategies for resolution of claims.
Evaluating settlement values and negotiating claims and litigated matters within authority as well as participating in mediations and settlement conferences.
Consistently employing strategic litigation management skills throughout the life of all claims.
Producing internal reporting and ensuring that reserves are set according to best practice guidelines.
Coordinating and managing communications with internal and external stakeholders (e.g., underwriting, brokers, reinsurers, external vendors, etc.) to ensure the highest level of customer service.
Maintaining a high-quality relationship with policyholders and agents by maintaining frequent contact and being responsive to their needs.