Full-Time

Vendor Manager

Posted on 4/16/2025

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

No salary listed

Mid

London, UK

The role requires primarily in-office presence, aligning with AIG's culture of in-person collaboration.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • BA degree or equivalent.
  • Legal vendor management experience in the legal, financial services or insurance industry.
  • Law firm relationship management experience.
  • Strong relationship building skills; experience working with attorneys and other business executives is a plus.
  • Knowledge of legal procedures preferred.
  • Quantitative analysis abilities.
  • Experience in legal forecasting and budgeting is preferred.
  • Strong attention to detail, and commitment to accuracy and on-time delivery.
Responsibilities
  • Collaborate with key stakeholders on law firm/legal vendor engagement and onboarding for GLCR-managed matters, ensuring that AIG has the appropriate roster of law firms and legal vendors.
  • Ensure effective collaboration and communication with law firms/legal vendors throughout the lifecycle of legal matters and monitors the quality and progress of legal work undertaken by vendors.
  • Provide insights and recommendations to improve vendor performance and value.
  • Maintains detailed records of vendor engagements and performance, providing reports and analysis to department leadership and other stakeholders.
  • Collaborate with leadership to manage the financial affairs of GLCR, including budgeting, forecasting, financial reporting, allocations, and accruals.
  • Communicate with law firms and legal vendors on expense/invoice submission.
  • Participate in financial analysis and forecasting activities to support strategic planning and decision-making and assist in law firm/legal vendor management.
  • Contribute to compliance with financial and vendor management policies and regulations.
  • Enable successful completion of law firm annual budgeting and quarterly forecasting process.
  • Execute firm engagements, security and control assessments, and other firm and vendor administration-related deliverables; manages law firm and legal vendor contacts, such as billing and relationship partner communication.
  • Manage conflicts and waivers for all legal vendors of AIG, working closely with legal teams and vendors to resolve issues in a timely and professional manner.
  • Ensure accurate data in connection with firm eBilling and matter management records in outside counsel management system.
Desired Qualifications
  • Knowledge of legal procedures preferred.
  • Experience in legal forecasting and budgeting is preferred.
American International Group

American International Group

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AIG provides a variety of insurance products and services to individuals, families, and businesses around the world. Their offerings include life insurance, retirement planning, and commercial insurance, which cater to the different needs of their clients. AIG operates by underwriting insurance policies, managing risk, and investing the premiums collected to generate income. This company stands out from its competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients manage risk, protect their assets, and achieve financial security, with a particular focus on retirement planning through its subsidiary, Corebridge Financial.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven underwriting reduces costs and improves AIG's operational efficiency.
  • Growing demand for cybersecurity insurance presents new product opportunities for AIG.
  • AIG's expansion in Atlanta enhances regional service capabilities and talent access.

What critics are saying

  • Tech-driven startups could erode AIG's market share with innovative solutions.
  • Climate change-related disasters may increase AIG's claims costs and impact profitability.
  • Digital transformation requires significant investment, potentially straining AIG's resources.

What makes American International Group unique

  • AIG's partnership with Blackstone for Syndicate 2478 offers new capital opportunities.
  • Corebridge Financial's focus on retirement planning diversifies AIG's service offerings.
  • AIG's emphasis on cybersecurity ensures client data protection and trust.

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Benefits

Health Insurance

Paid Sick Leave

Paid Vacation

Tuition Reimbursement

Flexible Work Hours

Company News

Coverage
Jan 28th, 2025
Aig Announces Expanded Global Leadership Role For Jon Hancock

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 9th, 2025
Aig Appoints Christopher Flatt Global Chief Underwriting Officer

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 1st, 2025
Aig Completes Sale Of Travel Guard Business To Zurich

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 1st, 2025
Aig Launches Syndicate 2478 At Lloyd’S In Partnership With Blackstone

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Intelligence360
Nov 19th, 2024
Aig To Expand Into 180,000 Square Feet Of Space In Atlanta Georgia.

Atlanta, Georgia — According to state and local development sources, AIG plans to build out 180,000 square feet of new space in Atlanta. The company plans to occupy the new space at 3500 Lenox Rd NE in Atlanta, on or about April 1, 2026. According to the company website American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance

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