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Senior Claims Specialist - EPL / Fiduciary

Senior Claims Specialist - EPL / Fiduciary

Axis CapitalChicago, IL, United States
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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.

About the Team

AXIS is hiring a Senior Claims Specialist - EPL and Fiduciary Claims for its North America Claim Team. This role

involves managing primary and excess claims for various AXIS policy forms.

How does this role contribute to our collective success?

The individual will manage claims by investigating, analyzing, and evaluating coverage for Employment

Practices and Third Party Liability claims. This individual will also have the opportunity to develop knowledge

and expertise in Fiduciary Claims.

What Will You Do In This Role?

  • Handling and managing complex Employment Practices Liability Claims to determine appropriate

valuation, settlement strategies and ensure adherence to company policies. Experience with Fiduciary

claims is a plus.

  • Attending mediations and monitoring trials as necessary.
  • Drafting coverage correspondence on primary claims, negotiating complex coverage issues, and
  • recommending outside coverage counsel when warranted.

  • Mentoring junior claims adjusters.
  • Supporting underwriting and actuarial teams by maintaining data and analytics.
  • Maintaining and developing relationships with senior executives, brokers, underwriters, insureds, and
  • outside counsel.

  • Managing costs in collaboration with the Litigation Management and Vendor Management teams.
  • Maintaining accurate records of claim activities and updating systems with relevant information in a
  • timely manner.

    About You

    We encourage you to bring your own experience and expertise to the table, so while there are some

    qualifications and experiences, we need you to have, we are open to discussing how your individual

    knowledge might lend itself to fulfilling this role and help us achieve our goals.

    What We're Looking For

  • Hold a Juris Doctorate.
  • Demonstrate ability to work as a team and meet deadlines.
  • Have skills in litigation management, investigation, dispute resolution.
  • Have experience independently drafting coverage letters.
  • Have excellent oral and written communication skills with the ability to deal with a wide range of
  • stakeholders.

    Role Factors

    This role requires you to be in the office 3 days per week and adhere to AXIS

    licensing requirements.

    What We Offer

    For this position, we currently expect to offer a base salary in the range of $130,000 - $160,000. 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.

    About Axis

    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.

    AXIS Persona

    AXIS Capital seeks professionals who thrive in a dynamic, high-performing environment grounded in humility

    and mutual respect. We employ those who exemplify our core values of People, Excellence, Decisiveness, and

    Stronger Together.

    We are a team characterized by integrity and self-discipline, striving for continuous improvement and driven

    to achieve ambitious results. Our focus is on hiring, developing, retaining, and rewarding individuals who excel in :

    Purposeful Action : Delivering top-tier work with a data-driven approach and operating at AXIS speed.

    Collaborative Decision-Making : Valuing input from all relevant groups and being open to debate. Able to

    leave their ego at the door and be committed to achieving results through teamwork, fully supporting

    decisions once made.

    Measuring Outcomes : Consistently evaluating performance against established expectations.

    The AXIS employee will cultivate a collaborative workplace atmosphere, fostering trust within the team. We

    believe in respectful challenges, presuming best intent, and building meaningful relationships with colleagues,

    customers, and the communities we serve.

    Joining our team means becoming part of a workplace where every individual's contributions are valued, and

    excellence is pursued with purpose and passion. Together, we elevate our standards, achieve ambitious

    results, and make a lasting impact on each other and those we serve.

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    Claim Specialist • Chicago, IL, United States