Senior Claims Specialist, Excess Casualty
AXIS CapitalAbout the role
This is your opportunity to join AXIS Capital – 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.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
Job Description
AXIS is seeking a Senior Claims Specialist - Excess Claims to join our North America Claims team and will report to the Claims Manager. Under limited direction, the candidate should act as highest level individual contributor directly reviewing excess casualty claims to determine nature of loss, coverage provided, and scope of claim and to make recommendation regarding settlement/disposition of claims.
The candidate’s key duties and responsibilities include, but are not limited to:
Reviewing excess casualty claims to determine nature of loss, coverage provided, and scope of claim and to guide strategic direction regarding settlement/disposition of claims
Timely evaluation, reserving and disposition of assigned claims within best practices claim environment, thoroughly documenting the claim process
Developing and maintaining relationships with internal and external partners as their lead contact within the claims department for assigned claims
Escalating coverage issues and recommending outside coverage counsel assignments for approval where warranted
Managing costs, including use of counsel and litigation costs
Fostering relationships and communicating extensively with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors (both external and internal)
Investigating potentially fraudulent claims and taking appropriate action
Making recommendations for settlement/disposition of claims
Identifying opportunities for contribution, subrogation and risk transfer
Preparing required reports to senior management
Travels to mediations or settlem
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