Jobs · Finance · New York

Claims Specialist, EPL

AXIS (AXIS Capital) · New York, NY · 1 wk ago
HybridFinance$85k–$145k/yrFull-time

About the Team

AXIS is a leading provider of specialty insurance and global reinsurance. The Employment Practices Liability team is an engaging team handling excess and primary claims for various AXIS policy forms. The strength of our team is grounded in our people and culture, encouraging collaboration, growth, and diversity.

About the Role

The selected individual 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. The selected individual will also have exposure to Fiduciary Liability claims.

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 claims 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.

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 $85,000 - $145,000. 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 which includes medical plans for you and your family.
  • Health and wellness programs.
  • Retirement plans.
  • Tuition reimbursement.
  • Paid vacation.
  • Much more.

About AXIS

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 also proudly maintain an entrepreneurial, disciplined, and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

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. This means that we bring our whole selves to work.

AXIS Persona

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. We are a team characterized by integrity and self-discipline, striving for continuous improvement and driven to achieve ambitious results.

  • 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. Joining our team means becoming part of a workplace where every individual’s contributions are valued, and excellence is pursued with purpose and passion.

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