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Axis Senior Claims Specialist 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.

Senior Claims Specialist, AXIS Re

POSITION SUMMARY:

Support the department goals of managing and maintaining a department of the highest quality claim professionals to provide internal and external client servicing through efficient and effective claims handling and quality customer service. Responsible for the claims handling of assigned accounts, assisting actuarial, underwriting and finance in understanding the losses and loss development. Responsible for adherence to the claims processes and procedures with respect to payment, reporting, reserving, and auditing necessary for assigned businesses and accounts. Assist Claims Manager and Underwriters in understanding industry losses, loss development and liability trends and exposures that may affect the reserving, pricing, and underwriting strategy for specified lines of business and accounts

KEY DUTIES & RESPONSIBILITIES:

  • Ensures all assigned claims are properly documented, reserved and processed;

  • Identify and promptly address with manager insurance and reinsurance coverage issues;

  • Communicate with claims team and underwriters about claim issues, large claims and potential accumulations;

  • Participate in the audit process by assisting in the development of audit schedules for the business; liaise with Underwriters, schedule audits for assigned accounts, determine audit file selection, attend audits, prepare audit reports and communicate audit findings to appropriate parties;

  • Participate with the Underwriters in client visits, marketing projects, pre-quote audits;

  • Maintain an informational reporting structure with members of the Claim team, Underwriters, Actuarial, Technical Accounting, and Underwriting relating to losses, including coverage issues, loss development, claim reserving and reinsurance reporting, legal case developments and changing laws potentially impacting claims handling and the business written and any other topic which may have a material impact on business;

  • With the other members of the claims team, monitor loss accumulations to ensure consistency and appropriate evaluation of potential impact of market wide losses;

  • Communicate with brokers/ceding companies on account and claim specific requests for information, cession issues and potential coverage issues

REQUIRED EDUCATION/TRAINING & EXPERIENCE:

Technical Skills:

  • Typically requires at least 5-7 years’ experience in primary and/or reinsurance claims;

  • Good working knowledge of the legal processes and laws applicable to Property and Casualty claims in the US; A Law Degree is a plus;

  • Good working knowledge of reinsurance custom and practice and laws applicable to reinsurance;

  • Knowledge of property, casualty, and worker’s comp

Inter-personal Skills:

  • Reliable

  • Flexible

  • Detailed oriented

  • Good communication skills

  • Ability to work well in a team

The above statements are intended to describe the general nature and level of work to be performed. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required.

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.

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