Senior Claims Specialist - EPL/Fiduciary
About the role
AXIS is hiring a Senior Claims Specialist – EPL and Fiduciary Claims for its North America Claim Team. This role involves managing primary and excess claims for various AXIS policy forms. It contributes to the collective success by managing Employment Practices and Third Party Liability claims and developing knowledge and expertise in Fiduciary Claims.
Responsibilities
- Handling and managing complex Employment Practices Liability Claims to determine appropriate valuation, settlement strategies, and ensure adherence to company policies.
- Experience with Fiduciary claims is a plus.
- Attending mediations and monitoring trials as necessary.
- Drafting coverage correspondence on primary claims, negotiating complex coverage issues, and recommending outside coverage counsel when warranted.
- Mentoring junior claims adjusters.
- Supporting underwriting and actuarial teams by maintaining data and analytics.
- Maintaining and developing relationships with senior executives, brokers, underwriters, insureds, and outside counsel.
- Managing costs in collaboration with the Litigation Management and Vendor Management teams.
- Maintaining accurate records of claim activities and updating systems with relevant information in a timely manner.
Requirements
- Hold a Juris Doctorate.
- Demonstrate ability to work as a team and meet deadlines.
- Have skills in litigation management, investigation, dispute resolution.
- Have experience independently drafting coverage letters.
- Have excellent oral and written communication skills with the ability to deal with a wide range of stakeholders.
Qualifications
- Experience with Employment Practices Liability Claims.
- Experience with Fiduciary Claims is a plus.
- Ability to work independently and manage multiple tasks.
- Strong communication and negotiation skills.
- Experience with data analysis and reporting.
Skills
- Litigation management.
- Investigation.
- Dispute resolution.
- Independent drafting of coverage letters.
- Excellent oral and written communication skills.
Benefits
Axis offers 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
The base salary for this role is in the range of $130,000 - $160,000. Target incentive compensation is also provided based on overall corporate and individual performance.
Schedule
This role requires you to be in the office 3 days per week and adhere to AXIS licensing requirements.