Senior Analyst Severity Claims

New York NY
March 02 2018
Insurance, Securities

Functional Area:

CL - Claims

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Claims, Inc.

Picture yourself building a successful career at AIG Property Casualty working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the #1 insurance provider and changing the way Americans think about, purchase and use insurance. We believe that our success depends on building a world class team. If you would like to be a part of our team, we invite you to consider putting your talents to work with the Claims department. Position Summary: Position handles excess severity, which have moderate to high monetary exposure to the company. This includes making coverage determinations, investigating the loss, conducting an independent assessment as to the company's exposure, participate in developing and implementing the most cost effective and timely disposition and litigation plan to ensure the claims closure via settlement or litigation. Position requires travel to attend meditations and trials. Performance Objectives: (1) determine the scope and extent of available coverage. Re-evaluate coverage as warranted. Clear and concise written and verbal communication with insureds, brokers and underwriters; (2) prepare and execute investigation strategies which identify critical issues effecting liability, causation and damages and consider opportunities of third-party contribution.; (3) independently negotiate claims after obtaining the appropriate authority. Document evaluation, thought process, and strategy. Utilize ADR as appropriate and necessary; (4) Effectively strategize and budget the litigation of each claim through discussions with counsel, vendors and insureds. Establish with defense and coverage counsel clear ground rules in order to maintain financial control of budget and expenses; (5) Make regular and appropriate contact with internal and external customers. Give guidance to insured and/or broker to manage expectations.

Job Requirements:
The Ideal Candidate Should Have: - 4-6 years Commercial/ Industry claims experience. - Excellent communication skills (verbal/ written) and negotiation skills. - Advanced experience and capabilities in litigation claims management, including ADR and mediation processes, involving auto/GL exposures. - Experience attending and controlling cases at meditations/ settlement conferences, pre suit, post suit, pre trial and post trial. - JD preferred

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives

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