Claims Specialist
AXIS (AXIS Capital) · Chicago, IL · 1 wk ago
HybridFinance$75k–$130k/yrFull-time
About the role
AXIS is hiring a Claims Specialist – Primary Casualty for its North America Claim Team. This role involves managing primary claims for AXIS U.S. Primary Casualty policies.
What Will You Do In This Role?
- Assessing claims within a specialized area to determine coverage, liability, and settlement value.
- Evaluating coverage and claim exposure, determining appropriate actions, and pursuing claims until resolution.
- Setting accurate and timely claim reserves and making referrals to Claim Manager where necessary.
- Managing the lifecycle of a claim from notification to closure, ensuring timely and accurate resolution.
- Reviewing relevant policies, validating coverage for claims by analyzing policy wordings, and escalating identified issues for further resolution.
- Drafting coverage positions to be reviewed and approved by Claim Manager.
- Working closely with Insureds, Claimants, attorneys and brokers to ensure a premier and best practices claim service is maintained, escalating issues as appropriate.
About You
- Be recognized as a subject matter expert in claims within their area of specialization.
- Possess the ability to interpret and apply policy provisions accurately in various claim scenarios.
- Be capable of coordinating with teams to review and enhance claims processes effectively.
- Have the skill to manage the complete lifecycle of a claim with attention to detail and accuracy.
- Be adept at collaborating with external parties to gather information and resolve claims.
- Show a commitment to continuous professional development in the field of claims management.
- Be able to implement strategies aimed at improving claims handling efficiency and customer satisfaction.
- Demonstrate the ability to document claim activities and decisions comprehensively for audit support.
Role Factors
- This role requires you to be in the office 3 days per week and adhere to AXIS licensing requirements.
What We Offer
- A base salary in the range of $75,000 to $130,000, based on an assessment of a variety of factors including specific experience and work location.
- Competitive target incentive compensation, with awards based on overall corporate and individual performance.
- A comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America
- This role is Exempt for FLSA purposes.