Axis Capital
Head of Management Liability
Axis Capital, Chicago, Illinois, United States, 60290
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.Position Overview
AXIS is seeking a
Head of Management Liability - Claims
to join our North America Claims team and will report to the Head of Professional Liability Claims. The selected candidate will have the lead responsibility for Management Liability Claim for AXIS Insurance North America. The selected candidate will work closely with colleagues across AXIS Insurance including North American Claims and International Claims as well as the Commercial Management Solutions (CMS) and Financial Institutions (FI) Business Units in order to develop and drive an industry leading claims offering and strategy.Key Responsibilities
Handling and managing a wide variety of Management Liability Claims including Public and Private Company Directors and Officers (D&O), Private Equity Errors and Omissions (E&O)/D&O, Investment Advisors, ICPL and Transactional Liability & Contingent Risk.Ensuring that the team engages in the investigation, analysis and evaluation of coverage liability and damages, within best practices.Providing technical advice, training and guidance to direct reports and TPA/Contractor adjusters including strategic direction.Recruiting, hiring and retaining top talent and developing appropriate succession plans.Reviewing management liability claims to determine nature of loss, coverage provided, and scope of claim and to guide strategic direction regarding settlement/disposition of claims.Developing and maintaining relationships with internal and external partners as their lead contact within the claims department for assigned claims and the claims of his/her direct reports.Close collaboration with the Specialty Complex Claims team regarding coverage disputes, including litigation and arbitration matters.Escalating coverage issues and recommending outside coverage counsel assignments for approval, where warranted.Formulating claims and litigation strategies, assigning, directing, and managing outside counsel.Managing costs, including use of coverage counsel and litigation costs.Fostering relationships and communicating extensively with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors.Supporting underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments.Maintaining documentation of key line of business statistics and metrics.Leading and participating in presentations and discussions with Underwriters and Insureds on large losses and claim trends.Leading and participating in claim audits, audit wrap up meetings, and formal result reporting.Developing and refining, in partnership with the CMS and FI Underwriting and North American Claim Operations, a best-in-class Panel for the middle market segments of CMS and FI Claims.Partnering with North American Claim Leadership to actively manage and review KPIs.Participating in special projects and department initiatives.Identifying liability and coverage trends and issues with both individual and portfolio impact.Actively coaching and mentoring direct reports, providing regular feedback, and developing employees for broader roles and responsibilities.Other duties as assigned.Qualifications
Juris Doctorate.Minimum of 10 years of experience handling or leading complex Management Liability claims and driving claims strategy.Demonstrated ability to work effectively as part of a team, interact with peers, meet deadlines, and perform in a changing work environment.High exposure/complex claim exposure evaluation skills.Excellent negotiation, communication and interpersonal skills.Key Skills & Abilities
10+ years of Management Liability claims management experience.Demonstrated leadership, organizational, and management skills.Analytical thinker that can drive results using all facets of the legal and claims processes.Excellent oral and written communication skills.In-depth knowledge of claims, litigation, arbitration, and trial processes.Technical knowledge, skills, and training within the field.For this position, we currently expect to offer a base salary in the range of $162,500 - $216,500. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
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AXIS is seeking a
Head of Management Liability - Claims
to join our North America Claims team and will report to the Head of Professional Liability Claims. The selected candidate will have the lead responsibility for Management Liability Claim for AXIS Insurance North America. The selected candidate will work closely with colleagues across AXIS Insurance including North American Claims and International Claims as well as the Commercial Management Solutions (CMS) and Financial Institutions (FI) Business Units in order to develop and drive an industry leading claims offering and strategy.Key Responsibilities
Handling and managing a wide variety of Management Liability Claims including Public and Private Company Directors and Officers (D&O), Private Equity Errors and Omissions (E&O)/D&O, Investment Advisors, ICPL and Transactional Liability & Contingent Risk.Ensuring that the team engages in the investigation, analysis and evaluation of coverage liability and damages, within best practices.Providing technical advice, training and guidance to direct reports and TPA/Contractor adjusters including strategic direction.Recruiting, hiring and retaining top talent and developing appropriate succession plans.Reviewing management liability claims to determine nature of loss, coverage provided, and scope of claim and to guide strategic direction regarding settlement/disposition of claims.Developing and maintaining relationships with internal and external partners as their lead contact within the claims department for assigned claims and the claims of his/her direct reports.Close collaboration with the Specialty Complex Claims team regarding coverage disputes, including litigation and arbitration matters.Escalating coverage issues and recommending outside coverage counsel assignments for approval, where warranted.Formulating claims and litigation strategies, assigning, directing, and managing outside counsel.Managing costs, including use of coverage counsel and litigation costs.Fostering relationships and communicating extensively with senior executives, brokers, reinsurers, actuaries, underwriters, insureds, and auditors.Supporting underwriting inquiries and information requests regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments.Maintaining documentation of key line of business statistics and metrics.Leading and participating in presentations and discussions with Underwriters and Insureds on large losses and claim trends.Leading and participating in claim audits, audit wrap up meetings, and formal result reporting.Developing and refining, in partnership with the CMS and FI Underwriting and North American Claim Operations, a best-in-class Panel for the middle market segments of CMS and FI Claims.Partnering with North American Claim Leadership to actively manage and review KPIs.Participating in special projects and department initiatives.Identifying liability and coverage trends and issues with both individual and portfolio impact.Actively coaching and mentoring direct reports, providing regular feedback, and developing employees for broader roles and responsibilities.Other duties as assigned.Qualifications
Juris Doctorate.Minimum of 10 years of experience handling or leading complex Management Liability claims and driving claims strategy.Demonstrated ability to work effectively as part of a team, interact with peers, meet deadlines, and perform in a changing work environment.High exposure/complex claim exposure evaluation skills.Excellent negotiation, communication and interpersonal skills.Key Skills & Abilities
10+ years of Management Liability claims management experience.Demonstrated leadership, organizational, and management skills.Analytical thinker that can drive results using all facets of the legal and claims processes.Excellent oral and written communication skills.In-depth knowledge of claims, litigation, arbitration, and trial processes.Technical knowledge, skills, and training within the field.For this position, we currently expect to offer a base salary in the range of $162,500 - $216,500. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
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