Senior Property Specialty Risks and Financial Lines Claims Adjuster at AIG

Lisbon, Lisbon, Portugal

AIG Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Strong experience and knowledge as a specialist in Complex/Major Loss PSR and FL technical claims topics
  • Experienced in stakeholder management, both internal (underwriting, distribution, actuarial, finance and executive management) and external (brokers, major account clients)
  • University degree preferred (Engineer/Law)
  • Fluent in English and Portuguese. Spanish will be a plus
  • A strong knowledge of legal/regulatory and litigation/procedural requirements
  • Experience in negotiation, mediation and arbitration
  • Experience in conducting technical claims audits and effectively following
  • Policy language skills enabling accurate and consistent policy wording interpretation
  • Result driven
  • Attention to detail
  • Good time management and prioritization skills

Responsibilities

  • Handle Line of Business (LoB) portfolio of claims from coverage enquiry through legal liability assessment (where relevant) and quantum analysis, to timely and accurate resolution; ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all key internal and external stakeholders
  • Manage Complex and Major Loss claims handling enquiry; coverage determination, quantum analysis and legal liability assessment, where appropriate
  • Ensure effective vendor and litigation management on complex and major loss claims within a personal allocation
  • Broader internal/external stakeholder communication where required, as (LoB) technical claims expert
  • Assist in continuous improvement across the region through support for the Quality Assurance/Regional Audit processes
  • Represent AIG (LoB) claims expertise on external technical panels and/or industry forums
  • Contribute to maintenance of best practice procedures for (LoB) claims, consistent with global best practice

Skills

Claims Handling
Coverage Analysis
Legal Liability Assessment
Quantum Analysis
Litigation Management
Vendor Management
Stakeholder Management
Negotiation
Mediation
Arbitration
Policy Interpretation
Claims Audit

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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