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AIG

Underwrites insurance for businesses and individuals

Claims Complex Director - Excess

Claims AdjudicationConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • At least 5 years of Commercial or industry claims experience is preferred.
  • Strong verbal and written communication and negotiation skills are required.
  • Advanced experience and capabilities in litigation claims management, including alternative dispute resolution and mediation, are required.
  • Experience attending and controlling cases before suit, during litigation, and after trial, including at mediations and settlement conferences, is required.
  • Property and Casualty licenses are required and must be obtained within 6 months.

Responsibilities

  • Determine the scope and extent of available coverage.
  • Investigate, evaluate, and dispose of new and existing third-party property and casualty claims.
  • Prepare and execute investigation strategies that identify critical issues affecting liability, causation, and damages, and assess risk-transfer and contribution opportunities.
  • Communicate clearly and concisely with internal and external customers, including insureds, brokers, and underwriters, to provide guidance and manage expectations.
  • Document exposure evaluations and resolution strategies properly.
  • Present claim-disposition recommendations to senior management.
  • Obtain appropriate authority to independently negotiate multimillion-dollar claims with leading plaintiff attorneys nationwide, document evaluations, reasoning, and strategy, and use alternative dispute resolution as appropriate.
  • Strategize and budget litigation for each claim through discussions with counsel, vendors, and insureds; establish clear ground rules with defense and coverage counsel to maintain financial control of budgets and expenses.
  • Review coverage under Excess Commercial General Liability and auto policies, participate in claim investigations, and control litigation strategy.
  • Direct litigation, attend mediations and trials, assess liability and damages, recommend reserves, and present large-value cases to senior management.
  • Communicate with insureds, brokers, attorneys, and claimants to resolve complex claims.

Desired Qualifications

  • Interest in an upwardly mobile career path.

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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