Complex Claims Director at AIG

Atlanta, Georgia, United States

AIG Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • 5+ years of Commercial/Industry claims experience preferred
  • Excellent communication skills (verbal and written)
  • Strong negotiation skills for resolving claims with top plaintiff attorneys
  • Deep technical claims expertise for investigating and evaluating claims

Responsibilities

  • Handle some of the largest and most complex claims in the industry
  • Investigate, evaluate, and dispose of new and existing third-party property and casualty claims
  • Direct litigation strategy, participate in mediations and trials
  • Determine the scope and extent of available coverage and assess liability and damages
  • Recommend reserves for claims
  • Communicate effectively with insureds, brokers, attorneys, and claimants
  • Present large value cases to senior management
  • Review coverage under Excess Commercial General liability and auto policies
  • Utilize Alternative Dispute Resolution (ADR) as appropriate
  • Establish and maintain financial control of claim budgets and expenses
  • Obtain the appropriate authority to independently negotiate multimillion-dollar claims
  • Develop and document evaluation, thought process, and strategy for claims

Skills

Claims Investigation
Claims Evaluation
Claims Disposition
Negotiation
Litigation Strategy
Mediation
Trial Preparation
Risk Assessment
Reserve Recommendations
Coverage Review
ADR
Stakeholder Communication

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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