- Set accurate and timely claim reserves and make referrals to senior members of the team where necessary
- Obtain relevant policies, review policy wordings to validate coverage for claims and escalate any issues arising
- Prepare coverage positions to be reviewed and approved by Claim Manager
- Work closely with Insureds, Claimants, attorneys and brokers ensuring a premier and best practices claim service is maintained, escalating issues as appropriate
- Documents claim file notes, stores electronic documents, documents claim details in an effective and timely manner
- Develop a working knowledge of the legal frameworks and claims handling practices relevant to the jurisdictions in which the claims arise
- Monitor and investigate assigned claims and develop resolution strategy
- Attend mediation, arbitration and other claim meetings as needed
- Participate in presentations and discussions with Underwriters
- Additional responsibilities for this role include validation of indemnity and fee payments, ensuring these are processed accurately and promptly, including monitoring and processing of claims bordereaux and ISO searches and reporting
- Ensure file set up accurately with proper coding, LOB, Danger Signal and CAT Codes
- Bachelor's degree or equivalent;
- Claims adjuster license required; valid adjusting licenses in required states and additional states as needed
- Minimum of 3-5 years general liability claim adjusting experience required or equivalent
- Experience or exposure to handling commercial general liability claims on behalf of a syndicate, insurance company, broker, loss adjuster or solicitor
- Attain expert comfort level in remote and work from home virtual working practices and platforms
- Excellent written and verbal communication skills, to liaise with numerous customers, both internal and external
- Solid understanding of individual and group performance metrics and KPIs
- Experience with Excel, Word, PowerPoint , OneNote and SharePoint preferred
- Availability for occasional travel post current environmental conditions
- Team player who has a positive outlook, flexible, organized, efficient and timely
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Claims Specialist - Red Bank, United States - Axis Services
Description
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.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.Please note this role can be based in any of these Axis office locations: Alpharetta, GA, NYC, Princeton, NJ***• Exercises critical thinking, proper judgment and decision making in a best practices claim environment to promptly analyze the claim exposure, determine the proper course of action, and pursue claims to conclusion
REQUIRED EDUCATION/TRAINING & EXPERIENCE:
For this position, we currently expect to offer a base salary in the range of $75-105K GA, $90-130K NY, $85-120K NJ .
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.
