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DP&E Claims Specialist

4 months ago


Red Bank, New Jersey, United States AXIS Full time

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.

AXIS Insurance is seeking a talented and dynamic environmental/construction/surety claims professional to join our Design Professional & Environmental (DP&E) claims team as a Claims Specialist. This position will primarily handle environmental package policy claims arising from environmental contractors, specialty trade contractors, and professional services.Key Duties and Responsibilities:
  • Conducts investigations to determine liability, damages, and coverage.
  • Makes recommendations regarding resolution strategy for such claims including reserve adequacy; executes such strategy on behalf of the company, with or without the help of outside counsel.
  • Excels in best practices claim environment, thoroughly documenting the claim process.
  • Analyzes liability and damages issues in connection with complex primary and excess claims and maintaining appropriate documentation.
  • Timely make recommendations regarding resolution strategy for claims including reserve adequacy.
  • Analyzes insurance coverage issues and timely draft coverage letters.
  • Collaborates in the defense and resolution of claims.
  • Evaluates and maintain full pending claims diary in connection with the posting and maintaining of accurate reserves.
  • Maintains and develops relationships with brokers, risk managers and general counsels, and a variety of vendors.
  • Provides data and analytic based-informational support to underwriters.
  • Provides support to underwriters with respect to marketing efforts, policy wording, and trending discussions.
  • Participate in mediations and trials as required and travel if necessary.
  • Other duties as assigned.
Required Education, Experience and Attributes:
  • A Juris Doctor degree from an accredited law school or equivalent work experience.
  • 4+ years of experience involving environmental liability claims, either in house or in private practice.
  • Demonstrated ability to work as part of a team, interact with others, meet deadlines, and successfully perform in a fast-paced, changing work environment.
  • Other Desired Skills & Characteristics
  • Proficiency in Excel
  • Proficient in drafting coverage correspondence, experience in writing coverage letter, and other reporting communications.
  • Excellent negotiation, communication, and interpersonal skills
  • Valid licenses by state as required and add states to certifications as needed
For this position, we currently expect to offer a base salary in the range of $80K - $120K. 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.