Head of Management Liability - Financial Institutions

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 Head of Management Liability – Financial Institutions Claims to join our North America Claims team and will report to the Head of NA Professional Liability Claims.  As a direct report to the Head of NA Professional Liability Claims, the selected candidate will have the lead responsibility for Management Liability Claim for AXIS Insurance North America. The selected candidate will work closely with colleagues across AXIS Insurance including North American Claims and International Claims as well as the Commercial Management Solutions (CMS) and Financial Institutions (FI) Business Units in order to develop and drive an industry leading claims offering and strategy. 

This role will be responsible for leading and developing a sophisticated team of claims professionals that will be responsible for: 

• Handling and managing a wide variety of Management Liability Claims including Private Equity, Investment Advisors E&O and D&O, Insurance Company Professional Liability, Bankers Professional Liability, Transactional Liability & Contingent Risk. 

• Ensuring that the team engages in  the investigation, analysis and evaluation of coverage liability and damages, within best practices  

• Providing technical advice, training and guidance to direct reports and TPA/Contractor adjusters including strategic direction  

• Recruiting, hiring and retaining top talent and develop appropriate succession plans 

• Reviewing management liability claims to determine nature of loss, coverage provided, and scope of claim and to guide strategic direction regarding settlement/disposition of claims 

• Developing and maintaining relationships with internal and external partners as their lead contact within the claims department for assigned claims and the claims of his/her direct reports.   

• Close collaboration with the Specialty Complex Claims team with regard to coverage disputes, including litigation and arbitration matters initiated by Axis issuing companies and when Axis issuing companies are parties to such litigation