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AIG

Underwrites insurance for businesses and individuals

Commercial Liability Claims Adjuster - TPA Oversight

Claims AdjudicationConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • At least 4 years of property claims experience.
  • Experience with complex and high-exposure property damage and business interruption claims.
  • Excellent verbal and written communication skills and strong negotiation skills.
  • Advanced experience and capabilities in litigation claims management, including alternative dispute resolution and mediation processes, involving auto and general liability exposures.
  • Strong technical expertise interpreting insurance contracts.
  • In-depth knowledge of claim handling procedures, claims performance strategies, and claim best practices.
  • Advanced analytical and problem-solving skills.
  • Demonstrated ability to initiate and champion change initiatives that leverage technology and improve skills in benchmarking.
  • Creativity in resolving challenging business problems and the ability to achieve business goals and objectives.
  • Successfully complete required state licensing examinations and continuing education requirements.

Responsibilities

  • Analyze and process first-party property damage claims by investigating and gathering information to determine claim exposure, and ensure proactive claims handling aimed at prompt and cost-effective resolution through well-developed action plans.
  • Determine the need for and direct independent adjusters to gather information about claim exposure and control their costs.
  • Identify and evaluate coverage issues, prepare comprehensive coverage letters with supervisory review and analysis, and retain and direct coverage counsel when necessary.
  • Assess exposure and resolve claims within established evaluations.
  • Maintain diaries and complete tasks within required department timeframes.
  • Ensure claim files are timely and properly documented with clear and concise analysis of coverage, damages, reserves, and liability, including an action plan for resolution.
  • Process and pay invoices in a timely manner.
  • Coordinate vendor referrals for additional investigation and litigation management.
  • Calculate and assign timely and appropriate reserves and monitor reserve accuracy throughout the life of the claim.
  • Refer cases to supervisors and management as appropriate and respond to requests or directions professionally and timely.
  • Attend arbitrations, mediations, settlement conferences, and trials.
  • Communicate with internal business partners, including underwriters, so underwriting is aware of large losses and industry trends.
  • Partner with TPA Governance and Relationship Management to help TPAs and insureds comply with claim handling and reporting guidelines.
  • Work with TPA Claims Financial to check the accuracy of TPA financials and ensure alignment with TTPO financials.

About the Company

AIG

Underwrites insurance for businesses and individuals

AIG underwrites property and casualty insurance for businesses and individuals, covering losses from damaged assets, legal claims and personal accidents. Its commercial policies span risks such as cyberattacks, shipping losses and aviation accidents, while personal coverage includes accident and health insurance and protection for valuable homes. Brokers and agents connect clients with insurers that assess risks, set premiums and handle claims under each policy's terms. The group earns insurance premiums and investment income on assets held to meet future claims. Its operating roots date to Shanghai in 1919, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1919

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