Jobs · Finance · New York

Claims Specialist, Environmental

AXIS (AXIS Capital) · New York, NY · 4 wk ago
HybridFinanceFull-time

About the role

AXIS is hiring a Claim Specialist, Environmental Claims for its North America Claims Team. This role involves managing primary and excess environmental claims, including matters involving pollution, contamination, toxic tort, remediation, bodily injury, property damage, and related coverage issues. The role will support the handling of complex environmental claims across AXIS-issued policies and will work closely with internal claims leadership, coverage counsel, defense counsel, underwriting, actuarial, brokers, reinsurers, insureds, and vendors.

Responsibilities

  • Assess environmental claims to determine coverage, liability, damages, settlement value, and appropriate claim strategy.
  • Manage a pending inventory of primary and excess environmental claims, including pollution, contamination, toxic exposure, remediation, and related bodily injury or property damage matters.
  • Investigate facts, evaluate policy terms, and coordinate with coverage counsel where appropriate.
  • Establish and maintain appropriate reserves based on liability, damages, coverage, litigation posture, and settlement potential.
  • Collaborate with defense counsel, coverage counsel, experts, environmental consultants, vendors, and insureds to drive claim resolution.
  • Develop litigation and resolution strategies for complex, high-exposure, or contentious claims.
  • Manage legal, expert, and vendor costs in coordination with Litigation Management and Vendor Management teams.
  • Communicate effectively with senior claims leadership, brokers, reinsurers, actuaries, underwriters, insureds, auditors, and external business partners.
  • Prepare clear claim notes, coverage assessments, reserve rationales, settlement recommendations, and large loss reports as needed.
  • Identify trends, emerging exposures, coverage issues, and portfolio risks impacting Environmental Claims.
  • Serve as a resource to colleagues on environmental claim handling, coverage issues, litigation management, and resolution strategy.

Requirements

We encourage you to bring your own experience and expertise to the table. While there are qualifications and experiences we are looking for, we are open to discussing how your individual knowledge may support this role and help us achieve our goals.

Qualifications

  • Experience handling environmental, pollution, toxic tort, construction defect, casualty, or other complex liability claims.
  • Strong understanding of coverage, liability, damages, reserving, litigation management, and settlement evaluation.
  • Ability to assess complex facts and policy language and develop practical claim strategies.
  • Strong written and verbal communication skills, including the ability to prepare concise claim summaries, reserve rationales, and recommendations.
  • Ability to work effectively with defense counsel, coverage counsel, experts, vendors, brokers, insureds, reinsurers, underwriters, actuaries, and claims leadership.
  • Sound judgment in evaluating litigation risk, settlement value, and claim exposure.
  • Ability to manage legal spend and vendor costs in a disciplined and outcome-focused manner.
  • Strong organizational skills and ability to manage a pending inventory of complex claims.
  • Commitment to continuous professional development and staying current on environmental claims trends, legal developments, and regulatory issues.
  • Able to contribute to team best practices, claim process improvements, and knowledge sharing.
  • Strong collaboration skills and the ability to operate in a dynamic, high-performing claims environment.

Skills

The ideal candidate will have the following skills:

  • Strong analytical and problem-solving skills.
  • Excellent interpersonal and communication skills.
  • Ability to handle multiple tasks and prioritize workload.
  • Knowledge of environmental regulations and compliance.
  • Proficiency in Microsoft Office Suite.

Benefits

Compensation will be based on an assessment of a variety of factors, including your specific experience, qualifications, and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. You will also 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

Compensation will be based on an assessment of a variety of factors, including your specific experience, qualifications, and work location.

Schedule

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

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