Cyber Claims Specialist, North America - Axis Capital Holdings

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.

Claim Specialist – Salary Grade I

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 requires hybrid work, with in office attendance 3 days a week. The role can be based in any of these Axis office locations: NYC, Short Hills, or Red Bank, 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
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
REQUIRED EDUCATION/TRAINING & EXPERIENCE:
Bachelor’s degree or equivalent;
Claims adjuster license required; valid adjusting licenses in required states and additional states as needed
Minimum of 2-5 years claim adjusting experience required or equivalent.
Experience or exposure to handling cyber primary and excess, firth or third-party liability claims
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 a plus
Availability for occasional travel post current environmental conditions
Team player who has a positive outlook, flexible, organized, efficient and timely
For this position, we currently expect to offer a base salary in the range of $87K-115K NY, $85-112K 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.