Full-Time

Delegated Authority Claims Manager

Confirmed live in the last 24 hours

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

No salary listed

Senior, Expert

Croydon, UK + 1 more

More locations: Manchester, UK

Team members are primarily expected to be in the office, indicating a hybrid work model.

Category
Insurance
Finance & Banking
Required Skills
Power BI
Excel/Numbers/Sheets
Requirements
  • Strong technical and operational skills gained in an insurer or legal background
  • A technical expert in Casualty EL/GL claims, Motor and knowledge of one or more commercial LoBs advantageous
  • Excellent communication skills with the ability to influence stakeholders across all levels including senior management
  • Superior knowledge of Microsoft Excel & power BI is essential
  • Strong financial acumen and intuition with the ability to handle large and complex issues / data
Responsibilities
  • Management of the oversight of TPA with delegated claims authority, their performance, claims outcomes and adherence to contractual requirements
  • Analytical focused and detail orientated, perform regular trend analysis of the claims MI to measure and benchmark TPA performance and particularly claims outcomes
  • Support in the early detection of high value claims likely to breach the agreed delegated authority, monitoring of aggregates and adequacy of loss funds (including lapsed and ‘run-off’ accounts’)
  • Manage remediation of any exceptions and working closely with key stakeholders as appropriate
  • Full oversight of the claims bordereau processing activity performed by the global payment & processing teams
  • Including oversight of the BDX and financial reconciliation process to ensure there remains alignment between the claims bordereau, any applicable loss fund, reserves and claim payments
  • Provide key monthly claims metric reporting
  • Ensure adherence to regulatory requirements including, but not limited to, Consumer Duty, Operation Resilience and Business Continuity and working closely with key stakeholders
  • Full understanding of the TPA on-boarding process, due diligence & contractual requirements. On occasions support the on-boarding process.
American International Group

American International Group

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AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which cater to the diverse 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

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

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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