Senior Claims Specialist - Ocean Marine

Axis Capital
Red Bank, NJ, United States
$145K-$170K a year
Full-time

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 is seeking a Senior Claim Specialist - Ocean Marine Claims to join our North America Claims team . This role will report to the Head of Property C laims .

As a direct report to the Head of Property Claims , t he candidate should possess the ability to handle Ocean Marine C laims (both retail and wholesale) in the short term and, over time, develop a sophisticated team of claims professionals handling and managing Ocean Marine Claims .

This role will be responsible for the handling of Ocean Marine Claims . The ideal candidate will ultimately grow , lead , and develop a team of claims professionals that will be responsible for :

Direct management of claims including the investigation, analysis and evaluation of coverage liability and damages, within best practices

Providing technical advice , training and guidance to direct reports and TPA / Contractor adjusters including strategic direction

Recruit ing , hir ing and retain ing top talent and develop appropriate succession plans

Review ing claims to determine nature of loss, coverage provided, and scope of claim and to guide strategic direction regarding settlement / disposition of claims

Develop ing and maintain ing 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 r ecommending 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 panel s

Foster ing relationships and communicat ing 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

Maintain ing documentation of key line of business statistics and metrics

Lead ing and participat ing in presentations and discussions with Underwriters and Insureds on large losses and claim trends

Lead ing a nd participat ing 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.

Actively coaching and mentoring 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.

Other duties as assigned

KEY SKILLS & ABILITIES :

5 -10 + years of claims management experience in Casualty and / or Specialty Lines Claim s, as wel l as :

Demonstrated leadership, organizational, and management skills or e xperience practicing law as well as claims management (both directly managed and TPA managed claims)

Demonstrated ability to influence and collaborate at all organizational levels, both internally and externally 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

Demonstrated ability and experience handling casualty claims 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

Bachelor's degree required . JD a plus.

Technical knowledge, skills, and training within the field to include :

Complex coverage analysis and experience required

Confidence in coverage, evaluation and reserving

Excellent writing and editing skills

Solid negotiation and settlement skills

Supervisory perspective, with experience providing direction and authority to adjusters

Familiarity with KPI, Data, and Metrics a plus

Valid licenses by state as required and add states to certifications as needed

Travel is associated with this role ( e.g., team management, court proceedings, mediations, and settlement)

For this position, we expect to offer a base salary in the range of USD $145,000 - $170,000 USD. 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.

6 days ago
Related jobs
Promoted
Axis Capital
Red Bank, New Jersey

Direct management of claims including the investigation, analysis and evaluation of coverage liability and damages, within best practices. Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims. Formulating ...

AXIS
Red Bank, New Jersey

As a direct report to the Head of Property Claims, the candidate should possess the ability to handle Ocean Marine Claims (both retail and wholesale) in the short term and, over time, develop a sophisticated team of claims professionals handling and managing Ocean Marine Claims. Senior Claim Special...

Promoted
Axis Capital
Red Bank, New Jersey

Direct management of claims including the investigation, analysis and evaluation of coverage liability and damages, within best practices. Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims. Formulating ...

Promoted
Markel Corp
Red Bank, New Jersey

The base salary range for the Senior Claims Specialist position is $74,900-$109k/year with 25% bonus potential. This position will be responsible for the resolution of moderate to high complexity and moderate to high exposure claims which can be subject to disputes that must be resolved in mediation...

Promoted
Axis Capital
Red Bank, New Jersey

AXIS is seeking a Senior Renewable Energy Claims Specialist to join our North America Claims team. Reporting to the manager of Property Claims, handles claims to determine nature of loss, coverage provided, and scope of claim and to make recommendation regarding settlement/disposition of claims. Thi...

Promoted
Markel Corp
Red Bank, New Jersey

Presents at roundtables to senior claims leaders and underwriters on cases going to trial and provides advice/insight on others claims going to trial. Confirms coverage of claims by reviewing policies and documents submitted in support of claims. Ability to influence claims stakeholders and to effec...

Markel Service Inc.
Red Bank, New Jersey

Confirms coverage of claims by reviewing policies and documents submitted in support of claims. Present at roundtables to senior claims leaders and underwriters on cases going to trial. Ability to influence claims team members and to effectively direct claims strategy. This position will be responsi...

Promoted
Markel Corp
Red Bank, New Jersey

Actively participate in the ongoing training and development of the claims examiners as indicated by Claims leadership. Claims Specialist, Executive Liability is $92,000 - $102,000 with 25% bonus potential. This position will be responsible for the resolution of moderate to high complexity and moder...

Markel Service Inc.
Red Bank, New Jersey

Confirms coverage of claims by reviewing policies and documents submitted in support of claims. Present at roundtables to senior claims leaders and underwriters on cases going to trial. Ability to influence claims stakeholders and to effectively direct claims strategy. This position will be responsi...

Markel Service Inc.
Red Bank, New Jersey
Remote

Manage litigation filed nationwide against insureds; appoint, direct and manage defense counsel; proactively work toward expeditious and economical resolution of claims; assist Company claims vendor management, disbursement and legal collections teams with defense counsel, bill payment and collectio...