Head of Specialty Complex Claims
Full-time
AXIS (AXIS Capital)
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. AXIS Capital, Head of Specialty Complex Claims About AXIS This 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 AXIS Hybrid work model: We value work-life balance and offer flexibility to our employees through a hybrid work model Diverse and inclusive environment: We celebrate diversity and strive to create an inclusive environment for all employees Career growth opportunities: We are committed to your professional development and offer various opportunities for growth advancement Social impact initiatives: We believe in making a difference and support various social and environmental causes Job Description AXIS is seeking a Head of Specialty Complex Claims to join our North America Claims team. This role reports to the Head of North America Claims. As a direct report to the Head of North America Claims, the candidate should possess the ability to lead and develop a sophisticated team of claims professionals handling and managing a wide variety of claims with coverage issues as well as coverage litigation involving Casualty (Primary & Excess), Commercial Property, Financial & Professional Lines, Program Claims (all lines of business), Canada Claims (all lines of business), A&H Claims and serve as a resource for our international counterparts for claims involving domestic coverage issues and litigation. This role will be responsible for leading and developing a team of claims professionals that will be responsible for: < > Direct management of claims involving complex coverage issues as defined by the Head of North America Claims, including the investigation, analysis and evaluation of coverage liability and damages, within best practices < > Direct management of coverage disputes, including litigation and arbitration matters initiated by Axis issuing companies and when Axis issuing companies are parties to such litigation < > Formulating claims and litigation strategies, assigning, directing, and managing outside counsel in coverage litigation or arbitration < > Managing discovery issues and responses, including opportunities to ensure consistency as well as identifying relevant and responsive information and ensuring proper and adequate preparation of company witnesses for deposition and trial testimony < > Providing guidance to the North America Claims teams regarding coverage issues, coverage disputes and claim handling issues, including strategic direction as well as recommending and approving outside coverage counsel assignments < > Managing coverage counsel and litigation costs as well as collaborating and working with the Litigation Management and Vendor Management teams ensuring cost management and the development and enhancement of the coverage counsel panel < > Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims handlingIn addition, the Head of Specialty Complex will: < > Identify, liability and coverage trends and issues with both individual and portfolio impact and formulating the processes and strategies for handling such claims as well as the related coverage issues ensuring accurate and consistent claims management across impacted underwriting segments and lines of business. < > Support underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments < > Recruit, hire and retain top talent and develop appropriate succession plans < > Build and maintain key relationships with internal stakeholders (e.g., peers, Underwriting, Actuarial, various executive management leaders) and external stakeholders (e.g., brokers, insureds, attorneys, auditors, reinsurers, and vendors)Communicate with senior executives, brokers, reinsurers, actuaries, insureds, and auditors (both external and internal)Demonstrate ownership, leadership, strategic thinking, with respect to aspects of the role, including analysis, reporting and communication about portfolio risk exposures and coordination with International Counterparts. < > Actively coach and mentor direct reports, providing regular feedback, and developing employees for broader roles and responsibilities that support professional growth and development and working collaboratively with HR Business partner support and guidance. < > Reflect Axis Culture and Values – everyday demonstrate the Axis behaviors that support and align with Axis values: People, Decisiveness, Excellence and Stronger Together KEY SKILLS & ABILITIES: 7-10+ years of claims management experience handling a wide variety of coverage issues and coverage litigation involving the various claims disciplines summarized previously, as well as: < > Demonstrated ability and experience handling coverage issues involving a wide variety of loss scenarios as well as reporting and presenting about same to senior management < > In-depth knowledge of claims, litigation, arbitration, and trial processes as well as excellent analytical, investigative, and negotiating skills < > Experience practicing law as well as claims management (both directly managed and TPA managed claims) < > Ability to influence and collaborate at all organizational levels, both internally, externally, and within peer groups as well as the 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 and customer service impact of coverage disputes and issues < > Excellent oral and written communication skills with the ability to deal effectively with people with conflicting expectations, differing opinions, and multiple viewpoints < > Law Degree and admission in good standing to one of the fifty state bars Travel is associated with this role (e.g., team management, court proceedings, mediations, and settlement) For this position, we currently expect to offer a base salary in the range of 250-270K . 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. Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company. We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Vacancy posted 1 day ago
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