Senior Claims Specialist, Primary Claims

AXIS (AXIS Capital)•Short Hills, NJ

1d•Hybrid

About The Position

AXIS is hiring a Senior Claims Specialist – Primary Casualty for its North America Claim Team. This role involves managing primary claims 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.

Requirements

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 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 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.

Responsibilities

Evaluating complex claims to determine appropriate settlement strategies and ensure adherence to company policies.
Ensuring timely evaluation, 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 Construction and 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.