Senior Claims Specialist - Chicago - Axis Services

    Axis Services
    Axis Services Chicago

    1 week ago

    Description

    Join AXIS Capital, a leading global provider of specialty lines insurance and reinsurance, where your talents can shine. We pride ourselves on exceptional client service, intelligent risk-taking, and delivering superior risk-adjusted returns to our shareholders. At AXIS, we foster an entrepreneurial, disciplined, and ethical corporate culture, making us a top choice in the industry.

    We are committed to creating an inclusive and welcoming environment for our employees, embracing diverse backgrounds and experiences. We believe that our strength lies in our people, and we encourage everyone to bring their whole selves to work.

    All qualified applicants will receive fair consideration for employment regardless of race, color, religion, gender, or any other characteristic protected by law. Accommodation is available upon request for candidates participating in the selection process.

    Position Overview:
    We are seeking a Senior Claims Specialist for Employment Practices Liability and Fiduciary Claims to join our North American Claim Team. This essential role involves the management of both primary and excess claims for various AXIS policy forms.

    Key Responsibilities:

    • Manage complex Employment Practices Liability Claims, developing valuation and settlement strategies while ensuring compliance with company policies.
    • Explore and gain experience in Fiduciary Claims.
    • Attend mediations and monitor trials as needed.
    • Draft coverage correspondence on primary claims, negotiate complex coverage issues, and recommend external counsel when necessary.
    • Mentor junior claims adjusters, fostering growth and knowledge within the team.
    • Support underwriting and actuarial teams with data maintenance and analytics.
    • Build and sustain relationships with senior executives, brokers, underwriters, insureds, and external counsel.
    • Collaborate with the Litigation Management and Vendor Management teams to manage costs effectively.
    • Maintain accurate records of claim activities and update systems promptly.

    About You:
    We are eager for you to leverage your experience and expertise to enhance our collective success. The ideal candidate will possess:

    • A Juris Doctorate degree.
    • Strong team collaboration skills and the ability to meet deadlines.
    • Skills in litigation management, investigation, and dispute resolution.
    • Experience in independently drafting coverage letters.
    • Outstanding oral and written communication skills to engage effectively with various stakeholders.

    Workplace Requirements:
    This role requires in-office presence three days per week and adherence to AXIS licensing requirements.

    Compensation:
    The salary for this position is projected to be between $130,000 - $160,000, informed by your experience and location. In addition, you will have access to competitive incentive compensation and an attractive benefits package, including health plans, retirement options, tuition reimbursement, paid vacation, and much more.

    AXIS Capital actively seeks professionals who thrive in high-performing environments characterized by respect and humility. Our core values include People, Excellence, Decisiveness, and Stronger Together. Join our team and help us make a significant impact


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