Large Loss Claims Specialist, Energy

Large Loss Claims Specialist – Energy

At AXA XL, we deliver on our claims promise by having the best systems, the best people and the best partnerships in place. That's where our Energy Claims team comes in. Energy claims can be very complex. They require the right balance of knowledge and skills. In claims, experience matters. In Energy claims, experience is essential.

As a Large Loss Claims Specialist, you will manage complex, high-exposure Primary and Excess claims involving Commercial General Liability, Commercial Excess Auto, Contractors Pollution Liability and/or Professional Liability coverage forms. You will be responsible for analyzing unique coverage issues, proactively collecting and organizing information, ensuring reserve adequacy, mitigating risk exposure, managing litigation, and developing effective resolution strategies. You will collaborate with underwriters and brokers to identify trends and assist with policy reviews. Familiarity with Energy industry risks, including oil and gas exploration, equipment supply and knowledge of oilfield anti-indemnity statutes is a plus.

You will be performing complex work under limited supervision. As such, we will expect you to exercise sound judgment and decision making in accordance with specified policies and guidelines. You should possess a high level of procedural and/or technical knowledge that has been developed through extensive experience.

What you'll be DOING

What will your essential responsibilities include?

• Technical claims management: Oversee technical aspects of claims, evaluate applicable AXA XL coverage, draft coverage position letters, analyze contracts, and effectuate risk transfer.
• Reserving and disposition: Ensure timely and adequate reserving, properly dispose of high exposure and complex claims, monitor reserving activity, and make timely adjustments to reserves as required.
• Loss investigation and claim management: Conduct loss investigations on all assigned claims, determine potential recoveries, maintain accountability for claims until settlement/closure, and adhere to agreed time and budget constraints.
• Documentation and communication: Maintain an accurate written record of relevant activities, ensure adherence to claims procedural and documentation standards, and provide accurate and timely claims status updates to internal and external customers.
• Relationship building and reporting: Regularly update the Claims Manager, build relationships with internal local and global AXA XL departments, and provide summaries and statistical reports as required.
• Customer focus and development: Anticipate and meet all internal and external customer needs, coach or train less experienced claim representatives, and maintain market awareness to maximize personal development.
• Claim file management: Ensure accurate and complete claim files, including all relevant documents and correspondence, and maintain records in compliance with AXA XL's documentation standards.
• Expense management and Best Practices: Adhere to and manage expense budgets and ensure adherence to AXA XL Best Practices in all claims-handling activities.

You will report to the Claims Manager, Energy & Construction.

What you will BRING

We're looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Advanced experience handling commercial general liability and auto claims, with experience related to pollution liability and professional exposures.

  · Expert knowledge of coverage across multiple jurisdictions. Additionally, advanced experience analyzing coverage and writing coverage position letters, oftentimes without the assistance of coverage counsel.

  · Effective communication skills. This includes the ability to conduct large loss presentations, the ability to effectively communicate within the claims organization, with underwriters and brokers, and the ability to manage communications with claimants, vendors and other insurers.

  · The ability to operate within delegated authority levels, while proactively seeking input from others when needed.

  · Effective organization and calendaring skills.

  · Highest standards of personal and professional conduct.

  · Significant progression towards insurance or Industry-related qualification is preferred

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

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 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.

Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future.

The U.S. base salary range for this position is $130,000 to $227,500 USD. 

Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.

At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance 2025.