Senior Claim Specialist, Environmental (Red Bank)

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 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.

Job Description

AXIS is seeking a Senior Claims Specialist - Environmental Claims to join our North America Claims. The candidate should possess the ability to handle primary & excess claims arising from policies issued to AXIS Environmental insureds.

This role will be responsible for :

• Direct management of claims including the investigation, analysis and evaluation of coverage liability within best practices for first-party and third-party claims for environmental cleanups, toxic torts, property damage and bodily injury.
• Reviewing claims to determine nature of loss, coverage provided, and scope of claim and to guide strategic direction regarding settlement / disposition of claims
• Developing and maintaining relationships with internal and external partners as their lead contact within the claims department for assigned claims and the claims of his / her direct reports.
• Close 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 handling
• Escalating coverage issues and recommending outside coverage counsel assignments for approval where warranted
• Formulating claims and litigation strategies, assigning, directing, and managing outside counsel
• Managing costs, including use of 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 vendor panels
• Fostering relationships and communicating extensively with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors (both external and internal)
• Supporting underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments
• Maintaining documentation of key line of business statistics and metrics
• Leading and participating in presentations and discussions with Underwriters and Insureds on large losses and claim trends
• Leading and participating in claim audits, audit wrap up meetings, and formal result reporting
• Identifying, 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 ensuring accurate and consistent claims management across impacted underwriting segments and lines of business.
• Other duties as assigned

KEY SKILLS & ABILITIES :

5-10+ years of claims management experience in Casualty and / or Specialty Lines Claims, as well as :

Complex coverage analysis and experience required

Benefits

For this position, we expect to offer a base salary in the range of USD $105K-130K GA, $125K-165K NY, $120K-160K NJ. The specific salary offer will be based on an assessment of a variety of factors, including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, 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