Axis Head of North American - Professional Lines Claims in New York, New York
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 Head of Professional Lines Claims to join our North America Claims team and will report 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 involving Professional Lines including Management Liability, EPL, Cyber, various Professional Lines Specialties and Design Professionals and Environmental claims.
This role will be responsible for leading and developing 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
Close collaboration with the Head of Specialty Complex Claims 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
Formulating claims and litigation strategies, assigning, directing, and managing outside counsel
Providing guidance to the Professional Lines Claims teams including strategic direction as well as recommending and approving outside coverage counsel assignments
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 Professional Lines panel
Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims handling
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.
Supporting underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments
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.
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)
Extensive communication with senior executives, brokers, reinsurers, actuaries, insureds, and auditors (both external and internal)
Preferred location is in New York, NY, Short Hills or Princeton, NJ office working a three day a week hybrid schedule. The job requires travel to attend industry and company events.
KEY SKILLS & ABILITIES:
7-10+ years of claims management experience handling Professional Lines Claims involving the various claims specialties summarized previously, as well as:
Demonstrated leadership, organizational, and management skills
Experience 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 who 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 professional lines 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
Law Degree and admission in good standing to one of the fifty state bars or educational equivalent a plus
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 $200K-$275K . 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.
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.