Senior Claims Specialist, Primary Casualty Construction Claims

About the role

AXIS Capital is a trusted global provider of specialty lines insurance and reinsurance. We are known for our outstanding client service, intelligent risk taking, and superior risk-adjusted returns for our shareholders. Our corporate culture is characterized by an entrepreneurial, disciplined, and ethical approach. As a member of AXIS, you join a team that is among the best in the industry. 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.

Responsibilities

• Evaluating complex New York Labor Law claims to determine appropriate settlement strategies and ensure adherence to company policies.
• Ensuring timely evaluation, reserving, and disposition of assigned New York Labor Law claims.
• Mentoring junior claims adjusters, providing guidance and support to enhance their professional development.
• Utilizing working knowledge of the legal frameworks and claims handling practices relevant to the specific jurisdiction (i.e., NY) in which the claims arise, particularly New York Labor Law.
• Documenting coverage, investigation, damages, reserve rationale, negotiations, etc. associated with claim.
• Reviewing contracts for risk transfer evaluations, coverage analysis, and tender review.
• Investigating potentially fraudulent claims and taking appropriate action.
• Identifying opportunities for contribution, subrogation, and contribution to the claim.

Requirements

We are looking for someone who can demonstrate expertise in evaluating and resolving complex New York Labor Law claims. They should have the ability to mentor and develop the professional skills of junior adjusters, have prior experience handling complex, litigated New York Labor Law claims, and have experience in drafting coverage correspondence, writing coverage letters, and responding to/issuing tenders. They should also be skilled in negotiating settlements with various stakeholders to achieve equitable solutions and be adept at recommending and justifying the use of outside counsel in complex New York Labor Law claims. Additionally, they should be able to network and build relationships within professional and market associations.

Qualifications

• Expertise in evaluating and resolving complex New York Labor Law claims.
• Prior experience handling complex, litigated New York Labor Law claims.
• Experience in drafting coverage correspondence, writing coverage letters, and responding to/issuing tenders.
• Skilled in negotiating settlements with various stakeholders to achieve equitable solutions.
• Experience recommending and justifying the use of outside counsel in complex New York Labor Law claims.
• Adept at networking and building relationships within professional and market associations.
• A track record of adhering to and enforcing company policies and procedures in claims processing.

Skills

The ideal candidate should possess a strong understanding of New York Labor Law and be proficient in claims handling practices relevant to the specific jurisdiction. They should also have excellent communication and negotiation skills, as well as the ability to mentor and develop junior adjusters.

Benefits

Competitive base salary in the range of $108,000 to $160,000, with potential for target incentive compensation based on overall corporate and individual performance. Comprehensive benefits package includes medical plans, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more.

Pay

Base salary in the range of $108,000 to $160,000, with potential for target incentive compensation based on overall corporate and individual performance.

Schedule

This role requires being in the office 3 days per week and adhering to AXIS licensing requirements, including for New York.