Jobs · Finance · New York

Claims Specialist

AXIS (AXIS Capital) · New York, NY · Yesterday
HybridFinance$85k–$130k/yrFull-time

About the role

The Claims Specialist will collaborate with a team to investigate, analyze, and evaluate Third Party Liability claims, ensuring proper coverage determinations. Expertise will be developed in Employment Practices Liability while engaging with complex insureds on significant and dynamic disputes. This role offers meaningful 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 encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

Qualifications

  • Seek candidates who bring unique perspectives and diverse skills to the team.
  • Contribute actively to the success of a growing and dynamic team by bringing energy and a positive attitude.
  • Operate efficiently in settings with high visibility, shifting deadlines, and evolving expectations while staying focused and achieving outcomes.
  • Showcase skill as a litigator or litigation manager, well-versed in dispute resolution.
  • Write coverage letters independently with precision and attention to detail, ensuring accuracy in all aspects of the work.

Skills

While there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

Benefits

For this position, we currently expect to offer a base salary in the range of $85,000 - $130,000. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for 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.

Pay

For this position, we currently expect to offer a base salary in the range of X to Y (NY), [X to Y (GA), X to Y (CA)]. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

Schedule

This role requires you to be in office 3 days per week and adhere to AXIS licensing requirements.

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