Claims Specialist, Liability

Claims Specialist, Liability

Full-Time 63000 - 77000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage personal injury and property damage claims while collaborating with clients and stakeholders.
  • Company: Join AXIS Capital, a leading global provider of specialty insurance and reinsurance.
  • Benefits: Enjoy competitive pay, health plans, tuition reimbursement, and flexible hybrid work options.
  • Other info: Diverse and inclusive culture with excellent career growth opportunities.
  • Why this job: Make a meaningful impact in the insurance industry while growing your career.
  • Qualifications: Experience in personal injury or medical malpractice claims and strong communication skills.

The predicted salary is between 63000 - 77000 £ per year.

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.

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:

This role contributes to AXIS’ collective success through maintaining and promoting a market leading claims service to support clients’ complex risks and challenges and in so doing to support the retention and acquisition of business.

What will you do in this role?

  • Handle personal injury and property damage claims in a general liability and medical malpractice capacity, as well as other liability/PI classes, for a wide variety of professions and commercial clients written in the non-US Professional Lines Division and reporting to the GL & Med Mal Claims Lead.
  • Work closely with clients, market leaders and brokers as well as assisting with the management of TPA service providers and external legal advisors to ensure a premier claims service to clients is maintained.
  • Handle claims in a lead capacity from first advice to final settlement including full analysis of coverage and liability, reserve evaluations, formulating resolution strategy and liaising with risk managers, in house counsel and experts including high value, complex claims under supervision of the GL & Med Mal Claims Lead.
  • Handle Lloyd’s Syndicate as well as IUA and company claims.
  • Liaise with respective underwriters on wording/policy issues, provide claims info and attend client meetings as appropriate.
  • Engage with other stakeholders, including claims operations, underwriters, actuaries and Internal Audit in relation to claims information, MI and other projects to elevate claims performance.

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 you need to have:

  • Experience in dealing with personal injury and/or medical malpractice claims in either a claims lead or legal advisory capacity.
  • Excellent written and verbal communication skills and ability to articulately present in meetings.
  • Ability to develop and sustain relationships with internal and external stakeholders.
  • Ability to prioritise and organise workload.
  • Ability to exercise sound judgment.

What we prefer you to have:

  • Ideally you will have worked in a syndicate, company or a broker and gained sufficient practical experience in the market place to independently perform the above duties and responsibilities.
  • Knowledge of CLASS/ECF2.
  • Experience with Excel, Word and PowerPoint.
  • Legal or professional qualification such as ACII.

Role Factors:

In this role, you will typically be required to be in the office 3 days per week. 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.

Rewarding. Challenging. Meaningful. We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

Claims Specialist, Liability employer: Axis Capital

AXIS Capital is an exceptional employer that fosters a culture of inclusivity and empowerment, ensuring that every employee feels valued and supported. With a commitment to professional growth, employees have access to comprehensive benefits, including health and wellness programs, tuition reimbursement, and competitive compensation packages. Working in either the vibrant New York or London office, you will be part of a dynamic team that prioritises ethical practices and intelligent risk-taking, making it an ideal environment for those seeking meaningful and rewarding careers in finance.

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Contact Details:

Axis Capital Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Claims Specialist, Liability

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Axis Capital). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Axis Capital. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Claims Specialist, Liability

Problem-Solving Skills
Communication Skills
Adaptability
Time Management
Flexibility
Organizational Skills
Compassion

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Axis Capital.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Axis Capital. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Axis Capital

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Axis Capital to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Axis Capital, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Axis Capital's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.