AXIS Capital Logo

AXIS Capital

Claims Specialist

Posted 8 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
85K-145K Annually
Mid level
In-Office
Chicago, IL, USA
85K-145K Annually
Mid level
Manage and evaluate Employment Practices Liability (and some Fiduciary Liability) claims: investigate, determine coverage and valuation, develop litigation and settlement strategies, oversee external counsel, collaborate with insureds/brokers, assist underwriting with trend and risk analysis, maintain accurate claim records, and travel for mediations/trials.
The summary above was generated by AI

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.

Claims Specialist – Employment Practices Liability & Ancillary Lines
 

Job Code

P01013

About the Team
 

AXIS is a leading provider of specialty insurance and global reinsurance. The Employment Practices Liability team is an engaging team handling excess and primary claims for various AXIS policy forms. The strength of our team is grounded in our people and culture, encouraging collaboration, growth, and diversity.
 

How does this role contribute to our collective success?
 

The selected individual will collaborate with a team to investigate, analyze, and evaluate Third Party Liability claims, ensuring proper coverage determinations. Expertise will be developed in Employment Practices Liability while engaging with complex insureds on significant and dynamic disputes. This role offers meaningful opportunities to contribute to impactful case resolutions within specialized insurance sectors. The selected individual will also have exposure to Fiduciary Liability claims.
 

What Will You Do In This Role?
 

  • Serving as a Claims Specialist focused on Employment Practices Liability Claims within AXIS' North America Claim team.
  • Determining the appropriate valuation of complex claims, recommending settlement strategies, adhering to company policies, and collaborating with insureds, brokers, and partners effectively.
  • Traveling to participate in mediations, observe trials, and strengthen relationships with vital AXIS partners.
  • Escalating coverage concerns to internal teams and collaborating with external coverage attorneys when specific assignments necessitate their involvement.
  • Developing claims and litigation strategies, delegating tasks, and overseeing the work of external legal advisors effectively.
  • Assisting with underwriting inquiries while analyzing claim trends, conducting data analysis, and performing comprehensive risk assessments to support decision-making processes.
  • Keeping precise records of claim activities and promptly updating systems with all relevant details ensuring accuracy and efficiency.

About You
 

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
 

What We're Looking For
 

  • Seek candidates who bring unique perspectives and diverse skills to the team.
  • Contribute actively to the success of a growing and dynamic team by bringing energy and a positive attitude.
  • Hold a Juris Doctorate.
  • Operate efficiently in settings with high visibility, shifting deadlines, and evolving expectations while staying focused and achieving outcomes.
  • Demonstrate organizational abilities and solve problems effectively.
  • Exhibit outstanding skill in verbal communication and written expression.
  • Showcase skill as a litigator or litigation manager, well-versed in dispute resolution.
  • Write coverage letters independently with precision and attention to detail, ensuring accuracy in all aspects of the work.

Role Factors
 

Travel is associated with this role. The role requires you to be in office 3 days per week and adhere to AXIS licensing requirements.
 

What We Offer
 

For this position, we currently expect to offer a base salary in the range of $85,000 - $145,000. 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.
Where this role is based in the United States of America, this role is Exempt for FLSA purposes.
 

About Axis
 

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 Persona
 

AXIS Capital seeks professionals who thrive in a dynamic, high-performing environment grounded in humility and mutual respect. We employ those who exemplify our core values of People, Excellence, Decisiveness, and Stronger Together.
We are a team characterized by integrity and self-discipline, striving for continuous improvement and driven to achieve ambitious results. Our focus is on hiring, developing, retaining, and rewarding individuals who excel in:
Purposeful Action: Delivering top-tier work with a data-driven approach and operating at AXIS speed.
Collaborative Decision-Making: Valuing input from all relevant groups and being open to debate. Able to leave their ego at the door and be committed to achieving results through teamwork, fully supporting decisions once made.
Measuring Outcomes: Consistently evaluating performance against established expectations.
The AXIS employee will cultivate a collaborative workplace atmosphere, fostering trust within the team. We believe in respectful challenges, presuming best intent, and building meaningful relationships with colleagues, customers, and the communities we serve.
Joining our team means becoming part of a workplace where every individual’s contributions are valued, and excellence is pursued with purpose and passion. Together, we elevate our standards, achieve ambitious results, and make a lasting impact on each other and those we serve.
 

This posting is for an existing vacancy.

AXIS Capital Chicago, Illinois, USA Office

233 South Wacker Drive #3510, Chicago, United States, 60606

Similar Jobs

Yesterday
Hybrid
Chicago, IL, USA
79K-129K Annually
Senior level
79K-129K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Manage, investigate, and resolve complex high-exposure property claims with minimal supervision. Conduct site inspections, scope large losses, write appraisals, determine coverage, coordinate vendors, support SIU referrals, assist in catastrophe operations, and train/mentor property claims personnel while delivering exceptional customer service.
Top Skills: Symbility (Cotality)
3 Days Ago
Remote or Hybrid
2 Locations
61K-126K Annually
Senior level
61K-126K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Manage, investigate, and resolve attorney-represented and litigated auto and homeowners bodily injury claims. Evaluate coverage, liability, and damages; work with outside counsel; prepare for trials and hearings; ensure proper reserves, subrogation, and financial controls; communicate with claimants and policyholders; identify suspicious claims and refer to SIU.
4 Days Ago
Remote or Hybrid
Naperville, IL, USA
75K-139K Annually
Senior level
75K-139K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Manage investigation, evaluation, and resolution of complex auto and homeowner casualty claims. Assess coverage, liability, and damages; recommend settlement strategies; partner with counsel; attend mediations/trials; prepare litigation reports; maintain reserves; oversee counsel billing; identify subrogation and SIU referrals; mentor colleagues and support special projects.

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account