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Head of Specialty Complex Claims

External
axiscapital logoAxiscapital · New York, NY
Full-timeHybridToday
Data AnalysisVendor Management
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About the role

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, Head of Specialty Complex Claims 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 Job Description AXIS is seeking a Head of Specialty Complex Claims to join our North America Claims team. This role reports to the Head of North America Claims. As a direct report to the Head of North America Claims, the candidate should possess the ability to lead and develop a sophisticated team of claims professionals handling and managing a wide variety of claims with coverage issues as well as coverage litigation involving Casualty (Primary & Excess), Commercial Property, Financial & Professional Lines, Program Claims (all lines of business), Canada Claims (all lines of business), A&H Claims and serve as a resource for our international counterparts for claims involving domestic coverage issues and litigation. This role will be responsible for leading and developing a team of claims professionals that will be responsible for: Direct management of claims involving complex coverage issues as defined by the Head of North America Claims, including the investigation, analysis and evaluation of coverage liability and damages, within best practices Direct management of coverage disputes, including litigation and arbitration matters initiated by Axis issuing companies and when Axis issuing companies are parties to such litigation Formulating claims and litigation strategies, assigning, directing, and managing outside counsel in coverage litigation or arbitration Managing discovery issues and responses, including opportunities to ensure consistency as well as identifying relevant and responsive information and ensuring proper and adequate preparation of company witnesses for deposition and trial testimony Providing guidance to the North America Claims teams regarding coverage issues, coverage disputes and claim handling issues, including strategic direction as well as recommending and approving outside coverage counsel assignments Managing coverage counsel and litigation costs as well as collaborating and working with the Litigation Management and Vendor Management teams ensuring cost management and the development and enhancement of the coverage counsel panel Collaborating across disciplines and business units, including: the general counsel team overseeing errors and omissions issues arising from claims handlingIn addition, the Head of Specialty Complex will: Identify, liability and coverage trends and issues with both individual and portfolio impact and formulating the processes and strategies for handling such claims as well as the related coverage issues ensuring accurate and consistent claims management across impacted underwriting segments and lines of business. Support underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments Recruit, hire and retain top talent and develop appropriate succession plans Build and maintain key relationships with internal stakeholders ( e.g ., peers, Underwriting, Actuarial, various executive management leaders) and external stakeholders ( e.g ., brokers, insur


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