Senior Claims Specialist

Posted Yesterday
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Senior level
Insurance • Financial Services
The Role
Lead handling of professional indemnity and other liability claims from first notice to settlement. Manage reserves, coverage analysis, resolution strategy, TPAs and external counsel, liaise with underwriters, brokers and clients, and contribute to claims MI and performance projects.
Summary Generated by Built In

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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

AXIS Capital,

Senior Claims Specialist, PI

About AXIS

This is your opportunity to join AXIS Capital – a leading provider of specialty insurance and global reinsurance. We give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions. Our strength is grounded in our people and culture, which encourages collaboration, diversity, and entrepreneurialism.

Life at AXIS

  • Hybrid work model: We value work-life balance and offer flexibility to our employees through a hybrid work model
  • Diverse and inclusive environment: We celebrate diversity and strive to create an inclusive environment for all employees
  • Career growth opportunities: We are committed to your professional development and offer various opportunities for growth advancement
  • Social impact initiatives: We believe in making a difference and support various social and

environmental causes

Contact

Christina Webber

Talent Acquisition Partner

0207 2563265

[email protected]

axiscapital.com

NOT TO BE DISTRIBUTED WITHOUT PRIOR PERMISSION

Job Description
 

Job Description - Senior Claims Specialist, PI & Liability

How does this role contribute to our collective success?
 

This role contributes to AXIS’ collective success through maintaining and promoting a market leading claims service to support clients’ complex risks and challenges and in so doing to support the retention and acquisition of business.
What will you do in this role?

< >Handle professional negligence claims, as well as claims for other liability classes, for a wide variety of professions and commercial clients written in the Professional Lines Division and reporting to the PI Claims Lead.Take on a lead role within the PI & Liability Team overseeing an allocated line of business, coordinating with team members, working closely with clients, market leaders and brokers as well as managing TPA service providers and external legal advisors to ensure a premier claims service to clients is maintained.Handle claims in a lead capacity from first advice to final settlement including full analysis of coverage and liability, reserve evaluations, formulating resolution strategy and liaising with risk managers, in house counsel and experts.Handle Lloyd’s Syndicate as well as IUA and company claims.Liaise with respective underwriters on wording/policy issues, provide claims info and attend client meetings as appropriate.Engage with other stakeholders, including claims operations, underwriters, actuaries and Internal Audit in relation to claims information, MI and other projects to elevate claims performance.Experience in dealing with professional negligence claims in either a claims lead or legal advisory capacity.Excellent written and verbal communication skills and ability to articulately present in meetings.Ability to develop and sustain relationships with internal and external stakeholders.Ability to prioritise and organise workload.Ability to exercise sound judgment.Excellent written and verbal communication skills, to liaise with numerous customers, both internal and external.Ideally you will have worked in a syndicate, company or a broker and gained sufficient practical experience in the market place to independently perform the above duties and responsibilities.Knowledge of CLASS/ECF2.Experience with Excel, Word and PowerPoint.Legal or professional qualification such ACII.

Role Factors:

In this role, you will typically be required to be in the office 3 days per week.
What we offer:

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

This posting is for an existing vacancy.

Skills Required

  • Experience handling professional negligence / PI claims in a claims lead or legal advisory capacity
  • Ability to lead claims from first advice to final settlement, including coverage and liability analysis, reserve evaluations and strategy
  • Experience managing third party administrators (TPAs) and external legal advisors
  • Experience handling Lloyd's Syndicate, IUA and company claims
  • Knowledge of CLASS/ECF2
  • Experience with Excel, Word and PowerPoint
  • Excellent written and verbal communication and presentation skills
  • Ability to develop and sustain relationships with internal and external stakeholders
  • Ability to prioritise and organise workload and exercise sound judgment
  • Legal or professional qualification such as ACII
  • Prior practical market experience in a syndicate, company or broker (ideally)
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The Company
HQ: Hamilton
1,966 Employees
Year Founded: 2001

What We Do

AXIS Capital is a global leader in specialty insurance and reinsurance, providing solutions for complex and evolving risks.

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