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.
Senior Claims Specialist – Professional Lines Canada
About AXIS
This is your opportunity to join AXIS Capital – a leading provider of specialty insurance and global reinsurance. We give provide 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 our culture, which encourages collaboration, diversity, and entrepreneurial thinking.
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 and advancement
- Social impact initiatives: We believe in making a difference and support various social and environmental causes
AXIS is seeking a Senior Claims Specialist – Professional Lines to join our Canada Claims Team. This role involves the direct handling of complex primary and excess claims under our professional lines policies, including D&O, FI, E&O, Cyber, Media, Crime, D&O, E&O and EPL policies. The ideal successful candidate will bring a strong technical claims expertise and background, sound judgement, and the ability to navigate complex coverage, liability, damages, and litigation issues. This individual will work closely with insureds, brokers, counsel, underwriting partners, and claims leadership to drive claims toward efficient and appropriate resolution. a collaborative mindset to help drive claims toward resolution while while engaging with brokers, insureds, underwriters and other stakeholders supporting our underwriting and operational teams.
This role will be responsible for:
- Directly management handling D&O, FI, E&O, Cyber, Media, Crime, and EPL claims by conducting thorough investigations and analyzing and evaluating coverage and liability on first and third-party claims.
- Drafting and communicating clear, well-supported coverage positions and settlement rationales to insureds, brokers, and legal counsel.
- Assessing exposure, establishing appropriate reserves, and strategically guiding litigated and non-litigated matters towards efficient resolution.
- Participating in mediations and settlement conferences, presenting strong, well-reasoned positions and negotiating outcomes that reflect overall exposure,
- Assigning and managing external vendors, including legal counsel, by providing budget and billing oversight, driving litigation strategy, and collaborating with internal Vendor Management teams to enhance cost management efforts.
- Maintaining high standards of documentation, ensuring each file reflects a clear and complete rationale for all claims decisions, including coverage determinations, exposure assessments, reserves and file strategy.
- Maintaining open and professional communication with broker partners and insureds on claim-related activity, and keeping internal stakeholders informed of significant developments, trends, and large loss activity.
- Acting as a technical resource and mentor to peers, contributing to a culture of collaboration, knowledge sharing, and continuous improvement.
- Contributing to internal initiatives, process enhancements, and training sessions.
- Other duties as assigned
KEY SKILLS & ABILITIES:
- 5- 7+ years of experience in claims handling, litigation, or related legal/insurance roles, with exposure to specialty lines.
- Demonstrated organizational and technical skills as well as a deep understanding of professional lines coverage and claim resolution strategies.
- In-depth knowledge of claims, litigation, and trial processes as well as excellent analytical, investigative, and negotiating skills.
- Ability to influence and collaborate at all organizational levels, both internally and externally as well as the ability to identify and resolve complex, disputed claims.
- Commitment to continuous learning and technical development.
- Understanding of and ability to balance both the immediate claim issues as well as the broader portfolio impact and customer service impact of coverage disputes and issues.
- Excellent oral and written communication skills with the ability to deal effectively with people with conflicting expectations, differing opinions, and multiple viewpoints.
- Post-secondary education in law, insurance, business, or a related field, or an equivalent combination of education and experience. Post-secondary education in a relevant field (e.g., insurance, law, business) or equivalent combination of education and experience. CIP or Law Degree a plusis considered an asset.
- French language a plusskills are considered an asset.
- Occasional travel and off-site meetings are required.
- Axis Culture and Values – everyday demonstrate the Axis behaviors that support and align with Axis values: People, Decisiveness, Excellence and Stronger Together
Contact
Janice Scibilia
Senior Talent Acquisition Partner
[email protected]
For this position, we currently expect to offer a base salary in the range of 120-155 CAD. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.
This posting is for an existing vacancy.