Axis Capital
Senior Claims Specialist - EPL/Fiduciary
Axis Capital, Chicago, Illinois, United States, 60290
Overview
AXIS Capital is a 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 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 we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds 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.
About the Team 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. The individual will manage claims by investigating, analyzing, and evaluating coverage for Employment Practices and Third Party Liability claims. This role also offers the opportunity to develop knowledge and expertise in Fiduciary Claims.
What Will You Do In This Role?
Handling and managing complex Employment Practices Liability Claims to determine appropriate valuation, settlement strategies, and 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.
About You We encourage you to bring your own experience and expertise to the table. While there are some qualifications and experiences we look for, we are open to discussing how your individual knowledge might fulfill this role and help us achieve our goals.
What We're Looking For
Hold a Juris Doctorate.
Demonstrate ability to work as a team and meet deadlines.
Have skills in litigation management, investigation, and 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.
Role Factors This role requires you to be in the office 3 days per week and adhere to AXIS licensing requirements.
What We Offer For this position, we currently expect to offer a base salary in the range of $130,000 - $160,000. 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. You will be eligible for a comprehensive and competitive benefits package including medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more. Where this role is based in the United States of America, this role is Exempt for FLSA purposes.
About Axis 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 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.
AXIS Persona AXIS Capital seeks professionals who thrive in a dynamic, high-performing environment grounded in humility and mutual respect. We employ those who exemplify our core values of People, Excellence, Decisiveness, and Stronger Together. We are a team characterized by integrity and self-discipline, striving for continuous improvement and driven to achieve ambitious results. Our focus is on hiring, developing, retaining, and rewarding individuals who excel in:
Purposeful Action: Delivering top-tier work with a data-driven approach and operating at AXIS speed.
Collaborative Decision-Making: Valuing input from all relevant groups and being open to debate, while supporting decisions once made.
Measuring Outcomes: Consistently evaluating performance against established expectations.
The AXIS employee will cultivate a collaborative workplace atmosphere, fostering trust within the team and building meaningful relationships with colleagues, customers, and the communities we serve. Joining our team means becoming part of a workplace where every individual's contributions are valued, and excellence is pursued with purpose and passion.
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At AXIS, we believe we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds 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.
About the Team 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. The individual will manage claims by investigating, analyzing, and evaluating coverage for Employment Practices and Third Party Liability claims. This role also offers the opportunity to develop knowledge and expertise in Fiduciary Claims.
What Will You Do In This Role?
Handling and managing complex Employment Practices Liability Claims to determine appropriate valuation, settlement strategies, and 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.
About You We encourage you to bring your own experience and expertise to the table. While there are some qualifications and experiences we look for, we are open to discussing how your individual knowledge might fulfill this role and help us achieve our goals.
What We're Looking For
Hold a Juris Doctorate.
Demonstrate ability to work as a team and meet deadlines.
Have skills in litigation management, investigation, and 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.
Role Factors This role requires you to be in the office 3 days per week and adhere to AXIS licensing requirements.
What We Offer For this position, we currently expect to offer a base salary in the range of $130,000 - $160,000. 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. You will be eligible for a comprehensive and competitive benefits package including medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more. Where this role is based in the United States of America, this role is Exempt for FLSA purposes.
About Axis 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 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.
AXIS Persona AXIS Capital seeks professionals who thrive in a dynamic, high-performing environment grounded in humility and mutual respect. We employ those who exemplify our core values of People, Excellence, Decisiveness, and Stronger Together. We are a team characterized by integrity and self-discipline, striving for continuous improvement and driven to achieve ambitious results. Our focus is on hiring, developing, retaining, and rewarding individuals who excel in:
Purposeful Action: Delivering top-tier work with a data-driven approach and operating at AXIS speed.
Collaborative Decision-Making: Valuing input from all relevant groups and being open to debate, while supporting decisions once made.
Measuring Outcomes: Consistently evaluating performance against established expectations.
The AXIS employee will cultivate a collaborative workplace atmosphere, fostering trust within the team and building meaningful relationships with colleagues, customers, and the communities we serve. Joining our team means becoming part of a workplace where every individual's contributions are valued, and excellence is pursued with purpose and passion.
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