Senior Claims Specialist

Senior Claims Specialist – Casualty ProgramsThis is your opportunity to join AXIS Capital – a leading provider of specialty insurance and global reinsurance. We give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions. Our strength is grounded in our people and culture, which encourages collaboration, diversity, and entrepreneurialism.Life at AXISHybrid work model: We value work-life balance and offer flexibility to our employees through a hybrid work modelDiverse and inclusive environment: We celebrate diversity and strive to create an inclusive environment for all employeesCareer growth opportunities: We are committed to your professional development and offer various opportunities for growth advancementSocial impact initiatives: We believe in making a difference and support various social and environmental causesJob DescriptionAXIS is seeking a Senior Claims Specialist, Casualty Programs to join our North America Programs Claims team and will report to the Claims Manager, Casualty Programs Claims. As a direct report to the Claims Manager, Casualty Programs Claims, the candidate should possess the ability to manage Casualty Programs claims with particular emphasis on New York Labor Law, Construction, and Complex Claims.The ideal candidate will manage claims by investigating, analyzing and evaluating coverage for complex liability third-party casualty programs claims and be responsible for:Evaluating complex claims (TPA oversight and direct handle) to determine appropriate settlement strategies and ensure adherence to company policiesEnsuring timely evaluating, reserving and disposition of assigned claimsMentoring junior claims adjusters, providing guidance and support to enhance their professional developmentUtilizing working knowledge of the legal frameworks and claims handling practices relevant to the jurisdictions in which the claims arise. In particular, utilize a working knowledge of New York Labor Law, Construction and Complex claims.Documenting coverage, investigation, damages, reserve rationale, negotiations, etc associated with claimReviewing contracts for risk transfer evaluations, coverage analysis and tender reviewInvestigating potentially fraudulent claims and take appropriate actionIdentifying opportunities for subrogation and contribution to the claimProviding technical advice, training and guidance to TPA/Contractor adjusters including strategic directionClose 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; Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims handlingExhibit "best-in-class" claim handling behaviors as measured by feedback from internal and external business partners AXIS Culture and Values – everyday demonstrate the AXIS behaviors that support and align with AXIS values: People, Decisiveness, Excellence and Stronger TogetherKEY SKILLS & ABILITIES:7-10+ years of claims handling experience in Casualty and/or Specialty Lines Claims, as well as:Be able to demonstrate expertise in evaluating and resolving complex claims within various jurisdictions.Have the ability to mentor and develop the professional skills of junior adjustersHave prior experience handling New York Labor Law, Product Liability and Complex litigation claimsHave prior experience in drafting coverage correspondence, experience writing coverage letters and responding to/issuing tendersHave prior experience overseeing TPAsBe skilled in negotiating settlements with various stakeholders to achieve equitable solutionsHave the ability to recommend and justify the use of outside counsel in complex claims situationsBe adept at networking and building relationships within professional and market associationsHave a track record of adhering to and enforcing company policies and procedures in claims processingValid licenses by state as required and add states to certifications as neededTravel is associated with this role (e.g., court proceedings, mediations, and settlement)For this position, we currently expect to offer a base salary in the range of $125,000 - $145,000. 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.This posting is for an existing vacancy.