At AIG, we are reimagining the way we help customers to manage risk. Join us as a Claim Analyst Senior – Severity to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Casualty ClaimsOur Claims teams are the proven problem solvers of choice for clients, delivering consistent technical excellence and showcasing our service differentiation to create an unparalleled global claims handling experience. Through a robust stakeholder feedback loop and supported by consistent processes and leadership, we take pride in delivering responsive, fair and professional service with empathy and efficiency. How you will create an impactDo you want to work for one of the leading insurance companies in the world? Are you an experienced Casualty Claims Adjuster looking to handle some of the most complex claims in the industry? Are you a defense litigation associate looking for a career change? This position handles bodily injury and property damage claims in all 50 states for Fortune 500 companies. Your clients will be the leaders in their industry and some of the largest corporations in the world. These clams are typically premises claims (like slip and fall), products cases, and auto claims (road accidents). They can be single rear end auto accidents all the way to massive factory fires or crane accidents resulting in tens of millions of dollars in damages. This position handles claims that trigger first dollar primary Commercial General Liability policies and also excess policies with higher attachment points. You will be the person responsible for taking these claims from their initial investigation to their conclusion. You will be directly negotiating settlements with some of the best attorneys in the United States. You will be flying across the country to help direct the trial strategy. You will be presenting these cases to the senior claims management at AIG. You will work with other motivated experienced claims handlers who are known as industry leaders.
This position involves determining the scope and extent of available coverage. Re-evaluate coverage as warranted.
Clear and concise written and verbal communication with insureds, brokers and underwriters. Make regular and appropriate contact with internal and external customers. Give guidance to insured and/or broker to manage expectations.
Prepare and execute investigation strategies which identify critical issues effecting liability, causation and damages and consider opportunities for third-party contribution.
Obtain the appropriate authority to independently negotiate multi-million dollar claims with the top plaintiff attorneys nationwide. Document evaluation, thought process, and strategy. Utilize ADR as appropriate and necessary.
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.
25% travel
What you will need to succeed
2+ years of Commercial/Industry claims experience
Excellent communication skills (verbal/written) and strong 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 mediations/settlement conferences, pre suit, post suit, pretrial and post-trial.
Motivated individuals who are interested in the potential for an upwardly mobile career path.
Ready to make a bigger impact? We look forward to reviewing your application.For positions based in Jersey City, NJ, the base salary range is $76,000-$103,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: Benefits Overview (https://sprcdn-assets.sprinklr.com/248/723ffa1b-01a8-4f89-b8aa-7469d8e62d81-213797826/2023-benefits-overview-for-cor.pdf) .#LI-SR1 Enjoy benefits that take care of what mattersAt AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.Welcome to a culture of belongingWe’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.AIG provides 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.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com . Functional Area:CL - ClaimsAIG Claims, Inc.