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Claims Specialist, Management Liability

Full-time 6 views

In-House

Red Bank, NJ, United States

Claims Specialist, Management Liability

Attorney

AXIS Capital

Company Review

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Min 2 yrs required

Full-time

No

Summary:

Title: Claims Specialist, Management Liability
Location: Various locations in the US (New York, NY; Chicago, IL; Alpharetta, GA; Red Bank, NJ; Los Angeles, CA; Princeton, NJ)
Employment Type: Full-time
Salary: $70,000 - $160,000 (based on experience and location)
Job Requisition ID: REQ05218

AXIS Capital is a leading global provider of specialty lines insurance and reinsurance. We are known for our exceptional client service, intelligent risk-taking, and superior risk-adjusted returns for our shareholders. Our company culture is entrepreneurial, disciplined, and ethical, and we prioritize creating an inclusive and welcoming workplace where all employees feel comfortable and empowered to bring their whole selves to work.

As a Claims Specialist in the Management Liability (ML) department, you will handle primary and excess claims involving Public and Private D&O, Financial Institutions, and Private Equity. This role requires a Juris Doctor degree and 2+ years of experience in either a law firm or an insurance company. The ideal candidate will have excellent negotiation, communication, and interpersonal skills, as well as the ability to prioritize and work in a fast-paced environment.

Key Duties and Responsibilities:

• Independently handle a portfolio of middle-market primary and excess claims, including analyzing insurance coverage issues and drafting coverage position letters
• Investigate liability and damages issues in connection with claims made against our insureds and maintain appropriate documentation
• Evaluate claims and make accurate reserve recommendations
• Attend mediations/settlement conferences and negotiate claim resolutions
• Assign and supervise outside counsel in the defense of our insureds
• Maintain and develop relationships with insureds, brokers, and outside counsel
• Communicate regularly with Senior Claim and Underwriting Managers
• Represent AXIS in the marketplace and assist underwriting as needed
• Provide best-in-class claims service

Required Education, Experience, and Attributes:


• 2+ years of experience in a law firm or insurance company
• Excellent negotiation, communication, and interpersonal skills

Desired Skills and Characteristics:

• Prior exposure to middle-market D&O and E&O matters, Federal Securities Class Actions, Derivative Litigation, and SEC-related matters
• Ability to communicate effectively at all levels
• Team player with excellent writing skills
• Demonstrated negotiation and analytical skills
• Adjuster licenses where required
• Proficiency in Microsoft Office suite applications and Share Point

Salary Information:

• New York, NY - $110,000 - $160,000
• Short Hills, NJ - $85,000 - $150,000
• Los Angeles, CA - $85,000 - $150,000
• Chicago, IL - $80,000 - $135,000
• Alpharetta, GA - $70,000 - $125,000

In addition to competitive salaries, AXIS offers a comprehensive benefits package including medical plans, health and wellness programs, retirement plans, tuition reimbursement, and paid vacation. We are committed to creating a diverse and inclusive workplace and provide equal employment opportunities to all employees and applicants 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 during the selection process. Join AXIS and become a part of our team of exceptional professionals.

Not specified

Medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more.

Not specified

Claims handling, Insurance coverage analysis, Drafting coverage position letters, Investigative skills, Documentation management, Evaluation of claims and quantum, Negotiation, Supervision of outside counsel, Relationship building, Customer service, Data analysis, Project management, Communication, Prioritization, Teamwork, Writing, Analytical skills

Juris Doctor degree from an accredited law school

Interested candidates can apply through the company's website or through a job portal.

Qualification and Experience Juris Doctor degree from an accredited law school

Legal

Jul 30, 2024
Apr 16, 2024
Jan 25, 2024

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Job Feedback

In-House

Attorney

USD
70000 to 160000
Annually

Min 2 yrs required

Full-time

Legal

Apr 16, 2024

Jul 30, 2024

Apr 16, 2024

Profile

Summary:

Title: Claims Specialist, Management Liability
Location: Various locations in the US (New York, NY; Chicago, IL; Alpharetta, GA; Red Bank, NJ; Los Angeles, CA; Princeton, NJ)
Employment Type: Full-time
Salary: $70,000 - $160,000 (based on experience and location)
Job Requisition ID: REQ05218

AXIS Capital is a leading global provider of specialty lines insurance and reinsurance. We are known for our exceptional client service, intelligent risk-taking, and superior risk-adjusted returns for our shareholders. Our company culture is entrepreneurial, disciplined, and ethical, and we prioritize creating an inclusive and welcoming workplace where all employees feel comfortable and empowered to bring their whole selves to work.

As a Claims Specialist in the Management Liability (ML) department, you will handle primary and excess claims involving Public and Private D&O, Financial Institutions, and Private Equity. This role requires a Juris Doctor degree and 2+ years of experience in either a law firm or an insurance company. The ideal candidate will have excellent negotiation, communication, and interpersonal skills, as well as the ability to prioritize and work in a fast-paced environment.

Key Duties and Responsibilities:

• Independently handle a portfolio of middle-market primary and excess claims, including analyzing insurance coverage issues and drafting coverage position letters
• Investigate liability and damages issues in connection with claims made against our insureds and maintain appropriate documentation
• Evaluate claims and make accurate reserve recommendations
• Attend mediations/settlement conferences and negotiate claim resolutions
• Assign and supervise outside counsel in the defense of our insureds
• Maintain and develop relationships with insureds, brokers, and outside counsel
• Communicate regularly with Senior Claim and Underwriting Managers
• Represent AXIS in the marketplace and assist underwriting as needed
• Provide best-in-class claims service

Required Education, Experience, and Attributes:


• 2+ years of experience in a law firm or insurance company
• Excellent negotiation, communication, and interpersonal skills

Desired Skills and Characteristics:

• Prior exposure to middle-market D&O and E&O matters, Federal Securities Class Actions, Derivative Litigation, and SEC-related matters
• Ability to communicate effectively at all levels
• Team player with excellent writing skills
• Demonstrated negotiation and analytical skills
• Adjuster licenses where required
• Proficiency in Microsoft Office suite applications and Share Point

Salary Information:

• New York, NY - $110,000 - $160,000
• Short Hills, NJ - $85,000 - $150,000
• Los Angeles, CA - $85,000 - $150,000
• Chicago, IL - $80,000 - $135,000
• Alpharetta, GA - $70,000 - $125,000

In addition to competitive salaries, AXIS offers a comprehensive benefits package including medical plans, health and wellness programs, retirement plans, tuition reimbursement, and paid vacation. We are committed to creating a diverse and inclusive workplace and provide equal employment opportunities to all employees and applicants 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 during the selection process. Join AXIS and become a part of our team of exceptional professionals.



Qualification and Experience

Juris Doctor degree from an accredited law school

Min Salary/Max Salary
USD 70000 to 160000 Annually

Additional info

Interested candidates can apply through the company's website or through a job portal.

Company info
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