Senior Claims Specialist, Commercial E&O

About the role

Our Professional Liability Claims team sets us apart. Our experienced Claims professionals use their specialized expertise to handle even the most complex claims seamlessly.

Responsibilities

• Using independent analysis and expertise to determine the case strategy for assigned claims and take all necessary steps to achieve the best outcome.
• Partnering with internal and external counsel and pursuing effective and cost-efficient litigation strategies for claims in litigation.
• Employing a problem-solving approach to claims handling by identifying issues as they arise and proposing solutions to same, seeking guidance and discussion from management as appropriate.
• Producing internal reporting and ensuring that reserves are set according to best practice guidelines.
• Cooking and managing communication with internal colleagues and key external stakeholders (e.g., clients, brokers, reinsurers, vendors, etc.), ensuring we are providing the highest level of customer service.
• Identifying, monitoring and reporting on emerging liability and coverage trends.

Requirements

We’re looking for someone who has these abilities and skills:

• A law degree.
• Passion for results: Approaches tasks proactively and anticipates needs. Thinks quickly and prioritizes multiple work streams without sacrificing quality. Acts with a sense of urgency.
• A willingness to ask questions and explore new ideas. Eager to learn and focus on continuously improving technical skills.
• Excellent verbal and written communication, negotiation, and presentations skills with the ability to communicate and interact internally and externally with senior management and business partners.
• This includes, building and refining effective working relationships with insured, brokers, claim handlers, underwriters, co-insurers, excess and reinsurers as well as external vendors including investigators and legal counsel.
• Holds a moderate to advanced experience managing third-party Professional Liability claims as a claims handler with a demonstrated experience in analyzing and evaluating insurance coverage issues and drafting coverage correspondence.
• Significant past experience in the practice of law prior to claims handling.
• Active adjuster license.

Qualifications

Preferred Experience And Qualifications:

• Moderate to advanced experience managing third-party Professional Liability claims as a claims handler with a demonstrated experience in analyzing and evaluating insurance coverage issues and drafting coverage correspondence.
• Significant past experience in the practice of law prior to claims handling.
• Active adjuster license.

Benefits

Inclusion: AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.

Pay

The U.S. base salary range for this position is USD 105,300-184,400. Actual pay will be determined based upon the individual’s skills, experience and location.

Schedule

We strive for market alignment and internal equity with our colleagues’ pay.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Who We Are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it. How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.