Jobs · Finance · New York

Claims Specialist – Employment Practices Liability

AXIS (AXIS Capital) · New York, NY · 4 days ago
HybridFinance$90k–$125k/yrFull-time

About the role

This role is on the Wholesale Financial Lines Claims team, which handles excess and primary claims for Employment Practices Liability (EPL), Directors and Officers (D&O), and related lines. The Claims Specialist reports to the Head of Wholesale Claims – Financial Lines and is responsible for investigating, analyzing, and evaluating EPL claims, ensuring proper coverage determinations and navigating claims to successful conclusions. The selected individual will gain expertise in EPL claims and coverage while engaging with sophisticated insureds and resolving complex disputes. This role offers meaningful opportunities to handle claims in specialized insurance sectors and to learn the broader range of Wholesale Financial Lines products.

Responsibilities

  • Serve as a Claims Specialist focused on Employment Practices Liability claims within AXIS' North America Claim team.
  • Determine the appropriate valuation of complex claims, recommend settlement strategies, adhere to company policies, and collaborate with insureds, brokers, and partners effectively.
  • Travel to participate in mediations, observe trials, and strengthen relationships with vital AXIS partners.
  • Escalate coverage concerns to internal teams and collaborate with external coverage attorneys when specific assignments necessitate their involvement.
  • Develop claim and litigation strategies, delegate tasks, and oversee the work of external legal advisors effectively.
  • Assist with underwriting inquiries while analyzing claim trends, conducting data analysis, and performing comprehensive risk assessments to support decision-making processes.
  • Keep precise records of claim activities and promptly update systems with all relevant details ensuring accuracy and efficiency.

Requirements

  • Hold a Juris Doctorate.
  • Operate efficiently in settings with high visibility, shifting deadlines, and evolving expectations while staying focused and achieving outcomes.
  • Demonstrate organizational abilities and solve problems effectively.
  • Exhibit outstanding skill in verbal communication and written expression.
  • 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.

Candidates who bring unique perspectives and diverse skills to the team are encouraged. Contribute actively to the success of a growing and dynamic team by bringing energy and a positive attitude.

Role Factors

  • Travel is associated with this role.
  • The role requires you to be in office 3 days per week and adhere to AXIS licensing requirements.

Pay

For this position, we currently expect to offer a base salary in the range of $90,000 - $125,000. 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.

Benefits

  • Comprehensive and competitive benefits package including medical plans for you and your family.
  • Health and wellness programs.
  • Retirement plans.
  • Tuition reimbursement.
  • Paid vacation.

About AXIS Capital

AXIS Capital is a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking, and superior risk-adjusted returns for our shareholders. We maintain an entrepreneurial, disciplined, and ethical corporate culture. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.

AXIS Capital seeks professionals who thrive in a dynamic, high-performing environment grounded in humility and mutual respect. We employ those who exemplify our core values of People, Excellence, Decisiveness, and Stronger Together. Our focus is on hiring, developing, retaining, and rewarding individuals who excel in:

  • Purposeful Action: Delivering top-tier work with a data-driven approach and operating at AXIS speed.
  • Collaborative Decision-Making: Valuing input from all relevant groups and being open to debate. Able to leave their ego at the door and be committed to achieving results through teamwork, fully supporting decisions once made.
  • Measuring Outcomes: Consistently evaluating performance against established expectations.

The AXIS employee will cultivate a collaborative workplace atmosphere, fostering trust within the team. We believe in respectful challenges, presuming best intent, and building meaningful relationships with colleagues, customers, and the communities we serve.

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