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Senior Analyst - Severity

Company: American International Group
Location: Jersey City
Posted on: June 8, 2021

Job Description:

Senior Analyst - Severity

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world's leading insurance provider. We believe that our success depends on building a world class team. If you would like to be a part of our team, we invite you to consider putting your talents to work with the General Insurance Claims organization.

About the role

As a Senior Analyst, you will be responsible for handling a pending caseload of approximately 85 - 95 excess casualty liability claims of moderate to significant complexity. Primary responsibilities include providing superior customer service, analyzing coverage, preparing coverage position letters, managing litigation, formulating / documenting claim handling and resolution strategies and working closely with primary carriers and counsel to evaluate losses and reach cost effective claim resolutions. 25% travel associated with the role

What you need to know:

  • This position involves determining the scope and extent of available coverage. Re-evaluate coverage as warranted.
  • Clear and concise written and verbal communication with insureds, brokers and underwriters. Make regular and appropriate contact with internal and external customers. Give guidance to insured and/or broker to manage expectations.
  • Prepare and execute investigation strategies which identify critical issues effecting liability, causation and damages and consider opportunities of third-party contribution.
  • Independently negotiate claims after obtaining the appropriate authority. Document evaluation, thought process, and strategy. Utilize ADR as appropriate and necessary.
  • Effectively strategize and budget the litigation of each claim through discussions with counsel, vendors and insureds. Establish with defense and coverage counsel clear ground rules in order to maintain financial control of budget and expenses.
  • 25% travel

What we're looking for:

  • 4 plus years of Commercial/Industry claims experience
  • Excellent communication skills (verbal/written) and strong negotiation skills
  • Advanced experience and capabilities in litigation claims management, including ADR and mediation processes, involving auto/GL exposures
  • Experience attending and controlling cases at mediations/settlement conferences, pre suit, post suit, pre trial and post trial.

A look at our benefits

At AIG, we have a 100-year legacy of working to make the world a better place. And that begins with our employees. We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection, and wellbeing. We provide a variety of leaves for personal, health, family, and military needs. For example, the "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community.

We also believe in fostering our employees' development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

CL - Claims

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG Claims, Inc.

Keywords: American International Group, Jersey City , Senior Analyst - Severity, Other , Jersey City, New Jersey

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