Senior Claims Specialist, Primary Casualty Construction Claims
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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.
Job Description
AXIS is hiring a Senior Claims Specialist – Construction for its North America Claim Team. This role involves managing primary claims involving New York Labor Law for AXIS U.S. Primary Casualty policies.
How does this role contribute to our collective success?
The individual will manage claims by investigating, analyzing, and evaluating
coverage for complex liability third-party primary casualty claims involving New York Labor Law.
What Will You Do In This Role?
· 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. In particular, utilize a working knowledge of 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 takes appropriate action.
· Identifying opportunities for contribution, subrogation and contribution to the claim.
About You
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What We're Looking For
· Be able to demonstrate expertise in evaluating and resolving complex New York Labor Law claims.
· Have the ability to mentor and develop the professional skills of junior adjusters.
· Have prior experience handling complex, litigated New York Labor Law claims.
· Have experience in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders.
· Be skilled in negotiating settlements with various stakeholders to achieve equitable solutions.
· Have the ability to recommend and justify the use of outside counsel in complex New York Labor Law claims.
· Be adept at networking and building relationships within professional and market associations.
· Have a track record of adhering to and enforcing company policies and procedures in claims processing.
Role Factors
This role requires you to be in the office 3 days per week and adhere to AXIS
licensing requirements, including for New York.
What We Offer
For this position, we currently expect to offer a base salary in the range of $XX,000 to $XX,000. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for 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.
Where this role is based in the United States of America, this role is Exempt for FLSA purposes.