Large Loss Claims Specialist, Energy

Large Loss Claims Specialist

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 :

• 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.

What you will bring :

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.

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. 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.

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, addressing climate change, integrating ESG, AXA hearts in action.

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.