Senior Claims Specialist, Primary Casualty Construction Claims

AXIS (AXIS Capital)Short Hills, NJ
Hybrid

About The Position

This role involves managing primary claims involving New York Labor Law for AXIS U.S. Primary Casualty policies. The individual will manage claims by investigating, analyzing, and evaluating coverage for complex liability third-party primary casualty claims involving New York Labor Law.

Requirements

  • Be able to demonstrate expertise in evaluating and resolving complex New York Labor Law claims.
  • Have the ability to mentor and develop the professional skills of junior adjusters.
  • Have prior experience handling complex, litigated New York Labor Law claims.
  • Have experience in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders.
  • 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 New York Labor Law claims.
  • 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.
  • Adhere to AXIS licensing requirements, including for New York.

Responsibilities

  • Evaluating complex New York Labor Law claims to determine appropriate settlement strategies and ensure adherence to company policies.
  • Ensuring timely evaluation, reserving and disposition of assigned New York Labor Law 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 specific jurisdiction (i.e., NY) in which the claims arise. In particular, utilize a working knowledge of New York Labor Law.
  • 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 takes appropriate action.
  • Identifying opportunities for contribution, subrogation and contribution to the claim.

Benefits

  • medical plans for you and your family
  • health and wellness programs
  • retirement plans
  • tuition reimbursement
  • paid vacation
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