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Cyber/Media Claims Specialist

Axis Capital Holdings LTDRed Bank, NJ

$87,000 - $115,000 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
Hybrid remote
Compensation
$87,000-$115,000/year

Job Description

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.

Cyber/Media Claims Specialist- Salary Grade I

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.

'Please note this role requires hybrid work, with in office attendance 3 days a week. The role can be based in any of these Axis office locations: NYC, Short Hills- NJ, Red Bank- NJ, Princeton- NJ, Alpharetta, Kansas City, or Chicago.

Exercises critical thinking, proper judgment and decision making in a best practices claim environment to promptly analyze the claim exposure, determine the proper course of action, and pursue claims to conclusion.

Set accurate and timely claim reserves and make referrals to senior members of the team where necessary.

Obtain relevant policies, review policy wordings to validate coverage for claims and escalate any issues arising.

Prepare coverage positions to be reviewed and approved by Claim Manager.

Work closely with Insureds, Claimants, attorneys and brokers ensuring a premier and best practices claim service is maintained, escalating issues as appropriate.

Documents claim file notes, stores electronic documents, documents claim details in an effective and timely manner.

Develop a working knowledge of the legal frameworks and claims handling practices relevant to the jurisdictions in which the claims arise.

Monitor and investigate assigned claims and develop resolution strategy.

Attend mediation, arbitration and other claim meetings as needed.

Participate in presentations and discussions with Underwriters.

Additional responsibilities for this role include validation of indemnity and fee payments, ensuring these are processed accurately and promptly, including monitoring and processing of claims bordereaux and ISO searches and reporting.

Ensure file set up accurately with proper coding, LOB, Danger Signal and CAT Codes.

REQUIRED EDUCATION/TRAINING & EXPERIENCE:

Bachelor's degree or equivalent; JD a plus.

Claims adjuster license required; valid adjusting licenses in required states and additional states as needed

Minimum of 2-5 years claim adjusting experience required.

Experience handling cyber primary and excess claims, including first party and third-party privacy liability claims, and media liability claims. Experience handling technology errors and omissions is a plus.

Attain expert comfort level in remote and work from home virtual working practices and platforms

Excellent written and verbal communication skills, to liaise with numerous customers, both internal and external

Solid understanding of individual and group performance metrics and KPIs

Experience with Excel, Word, PowerPoint, OneNote and SharePoint a plus

Availability for occasional travel

Team player who has a positive outlook, flexible, organized, efficient and timely

For this position, we currently expect to offer a base salary in the range of $87K-115K. The specific salary offer will be based on an assessment of a variety of factors including the experience of the successful candidate and their work location. Where this role is based in the United States of America, this role is Exempt for FLSA purposes.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

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FAQs About Cyber/Media Claims Specialist Jobs at Axis Capital Holdings LTD

What is the work location for this position at Axis Capital Holdings LTD?
This job at Axis Capital Holdings LTD is located in Red Bank, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Axis Capital Holdings LTD?
Candidates can expect a pay range of $87,000 and $115,000 per year.
What employment applies to this position at Axis Capital Holdings LTD?
Axis Capital Holdings LTD lists this role as a Full-time position.
What experience level is required for this role at Axis Capital Holdings LTD?
Axis Capital Holdings LTD is looking for a candidate with "Senior-level" experience level.
What is the process to apply for this position at Axis Capital Holdings LTD?
You can apply for this role at Axis Capital Holdings LTD either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.