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AXIS (AXIS Capital)

Inventory Claim Processor

red bank, NJ

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About this opportunity

AXIS (AXIS Capital) lists this Inventory Claim Processor opportunity in red bank, New Jersey. Review the employer’s description below for duties, qualifications and application requirements.

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. 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.

P2026CORP015 - Claim Specialist Subrogation

AXIS is seeking a Subrogation Claims Specialist to join our North America Claims team and support the continued expansion of AXIS’ recovery operations. The successful Candidate will manage an inventory of moderate to high‑complexity subrogation claims, ensuring timely identification of recovery opportunities, thorough investigation, accurate liability assessment, and effective pursuit of recovery from responsible parties and insurers.

Reviews claim files to identify, evaluate, analyze, and interpret subrogation potential.

• Is responsible for subrogation activities including the identification and research of subrogation claims.

• Identifies legal liability and pursues, negotiates, and settles claims where subrogation is identified.

• Coordinates appropriate steps to secure evidence and ensure pursuit, development, and recovery of claims.

• Interacts with policyholders, claimants, and witnesses to recommend and document the necessary information to move forward with subrogation or close a file.

• Assists claim handlers during the life of the claim file to request the necessary information needed to pursue subrogation.

• May provide guidance and assistance to less experienced claims staff and TPA’s.

Advanced technical and product specific expertise, claims resolution skill and knowledge of insurance and claims principles, practices and procedures.

• Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.

• Knowledge of Microsoft Office Suite and other business-related software.

• Ability to manage and prioritize multiple projects.

• Ability to evaluate claims based on a cost benefit analysis.

• Ability to fully comprehend complex claim facts and issues; and to further articulate analyses of claims in presentations to business partners and management as well as in internal reports.

• Ability to successfully work in hybrid and self-directed work environment

• Bachelor’s degree or minimum 5-7 years of equivalent claims handling/underwriting experience in lieu of degree

• Experience or exposure to handling commercial Property claims on behalf of a syndicate, insurance company, broker, loss adjuster or solicitor preferred

Preferred candidates will be able to commute to an AXIS office. We are a hybrid work environment, in office 3 days a 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.

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