Claim Specialist- Energy
AXA XL · Hartford, CT · 1 mo ago
Finance$84k–$146k/yrFull-time
About the role
The Claims team at AXA XL sets us apart. Our experienced Claims professionals use their specialized expertise to handle even the most complex claims seamlessly.
Responsibilities
- Manage energy claims within the Oil & Gas, Natural Gas and Renewable Energy segments involving claims that implicate Commercial General Liability, Contractors Pollution Liability and/or Professional Liability coverage forms.
- Work closely with your manager and fellow Claims colleagues to drive files to resolution, interacting and collaborating frequently with the Underwriting team.
- Collaborate with internal and external counsel to set and pursue effective, cost-efficient litigation strategies for litigated claims.
- Coordinate and manage communication with internal and external stakeholders (e.g., underwriting, brokers, reinsurers, external vendors, etc.) to ensure the highest level of customer service.
- Consult with Claims management on Large Losses and ensure all steps are taken to achieve the best outcome for the client and AXA XL.
- Document as necessary claim activity in our claim system in accordance with our Global Claim Handling Principles, which includes the establishment and maintenance of appropriate reserves.
- Produce internal reporting and ensure that reserves are set according to best practices guidelines.
- Identify, monitor and report on emerging liability and coverage trends, leading to data-driven success.
Requirements
Required Skills And Abilities:
- General Liability claims experience: Beginner to Intermediate level experience managing general liability claims.
- Experience assessing and managing coverage issues and managing high exposure and complex claims.
- Demonstrated experience negotiating and settling complex claim files.
- Excellent Communication: Excellent verbal and written communication, presentation and negotiation skills.
- Able to communicate and negotiate effectively with internal and external stakeholders at various levels of sophistication.
- Collaborative approach: Develop productive working relationships with insureds, brokers, claim handlers, underwriters and legal counsel.
- Capable of working and collaborating with a virtual team.
- Ethics: Handle responsibilities with integrity and the highest standards of professionalism.
- Passion for results: Approach tasks proactively and anticipate needs. Think quickly and prioritize multiple work streams without sacrificing quality. Act with a sense of urgency.
- Intellectual curiosity: Willing to ask questions and explore new ideas. Eager to learn and focused on continuously improving technical skills.
- Significant progression towards insurance or Industry-related qualifications is preferred, as is adjuster licensing.
Qualifications
Required:
- Education: Bachelor's degree in a relevant field (e.g., Insurance, Risk Management, Business Administration).
- Experience: Minimum 3 years of experience in claims handling, preferably in the energy sector.
- Licenses/Certifications: Adjuster license or equivalent.
Skills
Desired:
- Knowledge of industry-specific regulations and compliance requirements.
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Office Suite.
- Ability to work independently and as part of a team.
- Strong interpersonal and communication skills.
Benefits
At AXA XL, we offer a comprehensive benefits package including:
- Competitive retirement savings plan
- Health and wellness programs
- Volunteering leave
- Global Day of Giving
Pay
The U.S. base salary range for this position is USD $83,500- $145,500. Actual pay will be determined based upon the individual’s skills, experience and location.
Schedule
Full-time position with standard business hours.