AXA XL is an Equal Opportunity Employer. Large Loss Claims Specialist-Professional Hamilton, Bermuda We invent the new to help the world move forward. Leveraging strategic analytics and deep insights, we develop big ideas and innovative solutions that maximize our clients' potential, thereby fulfilling our own. Come be a part of our inspiring team and help create the future. What you'll be DOING Provide guidance on technical claim handling, exceptional client services, business segment support and continuous improvement efforts. Effectively manage the technical and legal aspects of major claims arising from policies underwritten by XL Bermuda Ltd. Effectively manage all aspects of best practices, policies and procedures relating to claim file handling and use of legal counsel. What will your essential responsibilities include? Oversight of large loss/complex claims with a particular focus on complex professional liability claims Develop best practices for reporting, directing, handling and resolution of claims Identify industry trends and US legal developments at US in-state and federal courts Support underwriting, actuarial, ceded reinsurance and other internal business partners as necessary Manage approved counsel including all updates with focus on effectively reducing the cost of claims Liaise with claims legal team in making recommendations with respect to appointment, retention and assessment of outside counsel Collaborate closely with internal large loss strategic specialists on significant cases Opine on and prepare monthly reports on large reserve movements and developing claims Assist with the development of technical and administrative staff in claim process and procedures, including quality reviews of technical file handlers Some travel is required Various projects and/or additional product work as required and/or assigned You will report to the Head of PL Claims, Strategic Ops, Bermuda What you will BRING We're looking for someone who has these abilities and skills: Bachelor's degree (B. A./B.S.) from an accredited four-year College or university Law degree from an accredited law school or experience in lieu Admission/membership in the Legal Bar in Bermuda, the US or UK preferred but not mandatory Minimum of ten (10) years insurance claims experience Advanced professional certification (AIC,ACIII, CPCU, RPLU) preferred In-depth understanding and experience handling coverage and liability issues arising under the various professional liability policy forms. In-depth understanding and experience with U.K./London Arbitration laws and procedures and New York substantive law Working understanding of the underwriting process, specifically professional liability Ability to lead a highly visible business initiative or event Awareness of professional liability reinsurance customs and practices Expertise in report writing and persuasive correspondence Effective verbal and written communication skills, influencing, critical thinking and problem-solving skills Critical thinker with excellent attention to detail and a consistent commitment to excellence Comfortable taking ownership for own work, identifying the need for action (using initiative) whilst working effectively within a team Displays a resilient and adaptable style and the ability to adjust comfortably to changing conditions and priorities Ability to build effective working relationships (internally/externally), establishing credibility amongst a wide and demanding client group, and cross department teamwork Who WE are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it. How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com What we OFFER Inclusion AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another - and our business - to move forward and succeed. Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe. Robust support for Flexible Working Arrangements Enhanced family-friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer. Total Rewards AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. Sustainability At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. Our Pillars: Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans. Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions. Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting. AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving. For more information, please see Sustainability at AXA XL.