Claims Specialist - Management Liability

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 Claims Specialist - Management Liability to join our North America Claims team. The selected candidate will work closely with colleagues across AXIS Insurance including North American Claims and International Claims and the Directors & Officers (D&O) and Financial Institutions (FI) Business Units to develop and drive an industry leading claims offering and strategy.

This role will be responsible for:

• Handling and managing a wide variety of Management Liability Claims under limited supervision, including: Public D&O, Private D&O, Bankers Professional Liability (BPL), Investment Advisors, Private Equity, and Insurance Company Professional Liability (ICPL). Experience with Transactional Liability claims including Representations and Warranties, Judgment Preservation & Contingent Risk is a plus.

• Investigation, analysis and evaluation of coverage, liability and damages, within best practices and maintain appropriate documentation

• Reviewing Management Liability claims to determine the 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

• Escalating coverage issues and recommending outside coverage counsel assignments for approval, where warranted

• Formulating claims and litigation strategies, assigning, directing, and managing outside counsel

• Evaluate full pending of claims in connection with the posting and maintaining of accurate reserves

• 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 panel counsel

• Maintain and develop relationships with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors (both external and internal)

• Supporting underwriting inquiries and information requests and drafting, reporting claim trends, data analysis, and risk assessments

• Leading and participating in presentations and discussions with Underwriters and Insureds on large losses and claim trends

• Participating in claim audits

• Participate in special projects and department initiatives.

• Other duties as assigned

Qualifications:

• Juris Doctorate preferred; Admitted to practice a plus
• Minimum of 5 years of experience handling Management Liability claims
• Required state claims adjuster licenses (or ability to obtain within 90 days of hiring)
• Demonstrated ability to work effectively as part of a team and meet deadlines
• Experience with KPIs and the "flow" associated with Management Liability claims. Excel skills and experience with Power BI a plus.

KEY SKILLS & ABILITIES:

• Comfort with evaluating high exposure and complex claims

• Excellent oral and written communication skills with the ability to deal effectively with a wide range of stakeholders

• Experience presenting to senior management and outside partners

• Knowledge of claims and litigation management, dispute resolution processes, and trials and appeals as well as excellent analytical, investigative, and negotiating skills

• Travel is associated with this role (off-site meetings, court proceedings, mediations)