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Senior Analyst - Major Claims Excess Casualty

Company: American International Group
Location: Jersey City
Posted on: March 11, 2023

Job Description:

Senior Analyst - Major Claims Excess Casualty page is loaded Senior Analyst - Major Claims Excess Casualty Apply locations NJ-Jersey City time type Full time posted on Posted Yesterday job requisition id JR2207355 Senior Analyst - Major Claims Excess CasualtyWho we areAmerican 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 businessPicture 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 organizationAbout the roleDo you want to work for one of the leading insurance companies in the world? Are you an experienced Casualty Claims Adjuster looking to handle some of the most complex claims in the industry? Are you a defense litigation associate looking for a career change?This position handles bodily injury and property damage claims in all 50 states for Fortune 500 companies. Your clients will be the leaders in their industry and some of the largest corporations in the world. These clams are typically premises claims (like slip and fall), products cases, and auto claims (road accidents). They can be single rear end auto accidents all the way to massive factory fires or crane accidents resulting in tens of millions of dollars in damages. This position handles claims that trigger first dollar primary Commercial General Liability policies and also excess policies with higher attachment points. You will be the person responsible for taking these claims from their initial investigation to their conclusion. You will be directly negotiating settlements with some of the best attorneys in the United States. You will be flying across the country to help direct the trial strategy. You will presenting these cases to the senior claims management at AIG. You will work with other motivated experienced claims handlers who are known as industry leaders.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 for third-party contribution.
  • Obtain the appropriate authority to independently negotiate multi-million dollar claims with the top plaintiff attorneys nationwide. 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% travelWhat we're looking for:
    • 2+ 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.
    • Motivated individuals who are interested in the potential for an upwardly mobile career path.
    • Potential for flexible work arrangement.
    • Candidates residing outside the NY/NJ area will be considered.The base salary range for this position is $64,000-$88,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here:Benefits Overview .#LI-NH1 A look at our Benefits 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, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
      We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues 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 - American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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: 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 . Reasonable accommodations will be determined on a case-by-case basis. Functional Area: CL - ClaimsEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoAIG Claims, Inc. Similar Jobs (2) Senior Severity Claims Analyst locations 10 Locations time type Full time posted on Posted 8 Days Ago Senior Claims Analyst - Commercial Property locations 10 Locations time type Full time posted on Posted 12 Days Ago Loading

Keywords: American International Group, Jersey City , Senior Analyst - Major Claims Excess Casualty, Professions , Jersey City, New Jersey

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