AXIS (AXIS Capital)
AXIS is seeking a
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. Overview Join to apply for the
Claims Specialist
role at AXIS (AXIS Capital). AXIS is a trusted global provider of specialty lines insurance and reinsurance, known for outstanding client service, intelligent risk taking and superior risk-adjusted returns. AXIS maintains an entrepreneurial, disciplined and ethical culture and seeks to empower employees to be themselves. 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. Responsibilities
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 settlement conferences as required
Other duties as assigned
Key Skills & Abilities
Minimum of 3 - 5+ years of claims experience (2 - 3 years general liability claims adjusting experience required; Excess Casualty Claim experience a plus)
Bachelor’s Degree required; JD a plus
Experience handling Automotive, Construction Defect, New York Labor Law, Product Liability and Complex litigation claims
Proficient in independently analyzing coverage, identifying issues and preparing coverage correspondence
Proficient in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders
Demonstrated ability to influence and collaborate at all organizational levels, both internally and externally
Ability to identify and resolve complex, disputed claims
Analytical thinker that can drive results using all facets of the legal and claims processes
Understanding of and ability to balance both the immediate claim issues as well as the broader portfolio impact
Excellent oral and written communication skills
Demonstrated ability and experience handling casualty claims involving a wide variety of loss scenarios and reporting to senior management
In-depth knowledge of claims, litigation, arbitration, and trial processes with strong analytical, investigative, and negotiating skills
Technical knowledge in complex coverage analysis; General Liability, Auto and Garage keepers Coverage knowledge required
Confidence in coverage, evaluation and reserving; excellent writing and editing skills
Solid negotiation and settlement skills
Supervisory perspective with experience directing adjusters
Familiarity with KPI, data, and metrics is a plus
Valid licenses by state as required; additional state certifications as needed
Travel is associated with this role (team management, court proceedings, mediations, and settlements)
Seniority level Mid-Senior level Employment type Full-time Job function Finance and Sales Industries Insurance Get notified about new Claims Specialist jobs in Chicago, IL.
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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. Overview Join to apply for the
Claims Specialist
role at AXIS (AXIS Capital). AXIS is a trusted global provider of specialty lines insurance and reinsurance, known for outstanding client service, intelligent risk taking and superior risk-adjusted returns. AXIS maintains an entrepreneurial, disciplined and ethical culture and seeks to empower employees to be themselves. 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. Responsibilities
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 settlement conferences as required
Other duties as assigned
Key Skills & Abilities
Minimum of 3 - 5+ years of claims experience (2 - 3 years general liability claims adjusting experience required; Excess Casualty Claim experience a plus)
Bachelor’s Degree required; JD a plus
Experience handling Automotive, Construction Defect, New York Labor Law, Product Liability and Complex litigation claims
Proficient in independently analyzing coverage, identifying issues and preparing coverage correspondence
Proficient in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tenders
Demonstrated ability to influence and collaborate at all organizational levels, both internally and externally
Ability to identify and resolve complex, disputed claims
Analytical thinker that can drive results using all facets of the legal and claims processes
Understanding of and ability to balance both the immediate claim issues as well as the broader portfolio impact
Excellent oral and written communication skills
Demonstrated ability and experience handling casualty claims involving a wide variety of loss scenarios and reporting to senior management
In-depth knowledge of claims, litigation, arbitration, and trial processes with strong analytical, investigative, and negotiating skills
Technical knowledge in complex coverage analysis; General Liability, Auto and Garage keepers Coverage knowledge required
Confidence in coverage, evaluation and reserving; excellent writing and editing skills
Solid negotiation and settlement skills
Supervisory perspective with experience directing adjusters
Familiarity with KPI, data, and metrics is a plus
Valid licenses by state as required; additional state certifications as needed
Travel is associated with this role (team management, court proceedings, mediations, and settlements)
Seniority level Mid-Senior level Employment type Full-time Job function Finance and Sales Industries Insurance Get notified about new Claims Specialist jobs in Chicago, IL.
#J-18808-Ljbffr