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AIG

Underwrites insurance for businesses and individuals

Complex Claims Director - Management Liability

Claims AdjudicationConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • At least 6 years of experience handling complex insurance claims, litigation, or other related experience; management liability claims experience is highly preferred.
  • Excellent verbal and written communication skills and strong negotiation skills.
  • Advanced experience and capabilities in litigation claims management, including alternative dispute resolution and mediation.
  • Experience attending and controlling cases at pre-suit, litigated, post-trial, mediation, and settlement-conference stages.
  • A bachelor's degree or equivalent is required.
  • Multi-state adjuster licenses are preferred.

Responsibilities

  • Determine the scope and extent of available coverage.
  • Investigate, evaluate, and resolve new and existing Directors & Officers Liability claims, potentially including Employment Practices Liability and Fiduciary Liability claims.
  • Prepare and execute investigation strategies that identify critical issues affecting liability, causation, and damages, and assess risk transfer and contribution opportunities.
  • Communicate with internal and external customers, including insureds, brokers, and underwriters, to provide guidance and manage expectations.
  • Document exposure evaluations and resolution strategies.
  • Present recommendations on claim dispositions to senior management.
  • Obtain appropriate authority to independently negotiate multi-million-dollar claims with plaintiff attorneys nationwide; document evaluations, reasoning, and strategies; and use alternative dispute resolution when appropriate and necessary.
  • Strategize and budget litigation for each claim through discussions with counsel, vendors, and insureds; establish ground rules with defense and coverage counsel to maintain financial control of budgets and expenses.
  • Travel 10% of the time.

Desired Qualifications

  • Management liability claims experience is highly preferred.
  • A Juris Doctor degree is highly preferred.
  • Multi-state adjuster licenses are preferred.

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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