Claims Specialist
About the role
The Claims Specialist – Employment Practices Liability & Ancillary Lines plays a crucial role in investigating, analyzing, and evaluating Third Party Liability claims. They will develop expertise in Employment Practices Liability and engage with complex insureds on significant disputes. This role offers opportunities to contribute to impactful case resolutions within specialized insurance sectors.
Responsibilities
- Serving as a Claims Specialist focused on Employment Practices Liability Claims within AXIS' North America Claim team.
- Determining the appropriate valuation of complex claims, recommending settlement strategies, adhering to company policies, and collaborating with insureds, brokers, and partners effectively.
- Traveling to participate in mediations, observe trials, and strengthen relationships with vital AXIS partners.
- Escalating coverage concerns to internal teams and collaborating with external coverage attorneys when specific assignments necessitate their involvement.
- Developing claims and litigation strategies, delegating tasks, and overseeing the work of external legal advisors effectively.
- Assisting with underwriting inquiries while analyzing claim trends, conducting data analysis, and performing comprehensive risk assessments to support decision-making processes.
- Keeping precise records of claim activities and promptly updating systems with all relevant details ensuring accuracy and efficiency.
Requirements
We are seeking candidates who bring unique perspectives and diverse skills to the team. Candidates should hold a Juris Doctorate and demonstrate exceptional organizational abilities and problem-solving skills. Excellent verbal and written communication skills are essential, along with experience as a litigator or litigation manager.
Qualifications
- Experience in Employment Practices Liability claims.
- Ability to travel as required.
- Knowledge of AXIS licensing requirements.
Skills
- Expertise in Employment Practices Liability claims.
- Strong analytical and problem-solving skills.
- Effective communication and writing skills.
- Experience as a litigator or litigation manager.
Benefits
Competitive base salary in the range of $85,000 - $130,000, with a target incentive compensation package based on corporate and individual performance. Comprehensive benefits package includes medical plans, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more.
Pay
Base salary in the range of $85,000 - $130,000, with a target incentive compensation package based on corporate and individual performance.
Schedule
The role requires the employee to be in office 3 days per week and adhere to AXIS licensing requirements.