Complex Claims Director, Cyber Media & Technology at AIG

New York, New York, United States

AIG Logo
$105,000 – $135,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • 7+ years of experience handling complex insurance claims, litigation, or related experience
  • Bachelor’s Degree or equivalent (Juris Doctor preferred)
  • Excellent negotiation skills
  • Strong interpersonal and communication skills
  • Knowledge of the litigation and arbitration process
  • Knowledge or experience in computer network and systems security or information security is a plus

Responsibilities

  • Handling complex first party and third-party liability, Cyber, Media & Technology claims
  • Managing class actions and high exposure matters
  • Making coverage determinations
  • Investigating losses and evaluating potential exposures
  • Setting judgmental reserves
  • Developing and implementing resolution strategies
  • Managing outside law firms
  • Working with underwriting on policy renewals
  • Promoting client relationships

Skills

Key technologies and capabilities for this role

Claims HandlingCyber ClaimsLitigationNegotiationCoverage DeterminationRisk AssessmentReserves SettingLaw Firm ManagementInformation SecurityArbitration

Questions & Answers

Common questions about this position

What is the salary range for the Complex Claims Director role?

The base salary is $105,000 - $135,000 with bonus potential.

Is this position remote or onsite?

This is an onsite position.

What skills are required for this role?

Required skills include excellent negotiation skills, strong interpersonal and communication skills, and knowledge of the litigation and arbitration process. Knowledge or experience in computer network and systems security or information security is a plus.

What is the company culture like at AIG?

AIG values in-person collaboration and fosters a supportive, connected environment.

What experience and education are needed to be a strong candidate?

Candidates need 7+ years of experience handling complex insurance claims, litigation, or related experience, and a Bachelor’s Degree or equivalent (Juris Doctor preferred). Strong negotiation, communication, and litigation knowledge will make you stand out.

AIG

Global insurance provider for individuals and businesses

About AIG

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 help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from 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 achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters
1919Year Founded
IPOCompany Stage
Cybersecurity, Financial ServicesIndustries
10,001+Employees

Benefits

Health, dental, & vision coverage
Flexible Spending Accounts (FSA)
401(k)
PTO
Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.
Expansion in Atlanta could pose financial risks if expected growth does not materialize.
Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.
Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.
AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.
InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.
Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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