Senior Claims Specialist, Casualty Programs

AXIS (AXIS Capital)•Short Hills, NJ

19h•$125,000 - $145,000•Hybrid

About The Position

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. AXIS Capital, Senior Claims Specialist – Casualty Programs About AXIS This is your opportunity to join AXIS Capital – a leading provider of specialty insurance and global reinsurance. We give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions. Our strength is grounded in our people and culture, which encourages collaboration, diversity, and entrepreneurialism. Life at AXIS Hybrid work model: We value work-life balance and offer flexibility to our employees through a hybrid work model Diverse and inclusive environment: We celebrate diversity and strive to create an inclusive environment for all employees Career growth opportunities: We are committed to your professional development and offer various opportunities for growth advancement Social impact initiatives: We believe in making a difference and support various social and environmental causes

Requirements

7-10+ years of claims handling experience in Casualty and/or Specialty Lines Claims
Be able to demonstrate expertise in evaluating and resolving complex claims within various jurisdictions.
Have the ability to mentor and develop the professional skills of junior adjusters
Have prior experience handling New York Labor Law, Product Liability and Complex litigation claims
Have prior experience in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders
Have prior experience overseeing TPAs
Be skilled in negotiating settlements with various stakeholders to achieve equitable solutions
Have the ability to recommend and justify the use of outside counsel in complex claims situations
Be adept at networking and building relationships within professional and market associations
Have a track record of adhering to and enforcing company policies and procedures in claims processing
Valid licenses by state as required and add states to certifications as needed

Responsibilities

Evaluating complex claims (TPA oversight and direct handle) to determine appropriate settlement strategies and ensure adherence to company policies
Ensuring timely evaluating, reserving and disposition of assigned claims
Mentoring junior claims adjusters, providing guidance and support to enhance their professional development
Utilizing working knowledge of the legal frameworks and claims handling practices relevant to the jurisdictions in which the claims arise. In particular, utilize a working knowledge of New York Labor Law, Construction and Complex claims.
Documenting coverage, investigation, damages, reserve rationale, negotiations, etc associated with claim
Reviewing contracts for risk transfer evaluations, coverage analysis and tender review
Investigating potentially fraudulent claims and take appropriate action
Identifying opportunities for subrogation and contribution to the claim
Providing technical advice, training and guidance to TPA/Contractor adjusters including strategic direction
Close collaboration with the Specialty Complex Claims team with regard to coverage disputes, including litigation and arbitration matters initiated by AXIS issuing companies and when AXIS issuing companies are parties to such litigation; Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims handling
Exhibit “best-in-class” claim handling behaviors as measured by feedback from internal and external business partners AXIS Culture and Values – everyday demonstrate the AXIS behaviors that support and align with AXIS values: People, Decisiveness, Excellence and Stronger Together