Senior Claims Specialist
Integrated Specialty Coverages, LLCSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- Good specialist knowledge in trade credit insurance (claims and/or underwriting), credit risk management and/or law. Strong insurance claims knowledge from other classes will also be recognized
- Good English language skills to enable accurate and consistent policy wording interpretation
- A strong knowledge of legal, regulatory, litigation and procedural requirements for the class of business
- Proven time management skills and the ability to manage and prioritize workload and diary management
- Experience in managing, negotiating and mediating claims files from triage through to settlement and recovery
- Demonstrate good communication skills, both written & verbal
- Ability to contribute effectively on your own and within a team environment
- Ability to work with claims stakeholders to effectively direct claims strategies
Responsibilities
- Demonstrate strong technical Trade Credit claims management aimed at ensuring the best possible loss outcomes through Total Cost of Claim management and initiatives
- Be proactive in adjusting Trade Credit Claims appropriately to ensure proper reserve and payment posting within authority levels and referring over authority claim decisions to appropriate Senior Claim leadership
- Ensure prescriptive and cost-effective management of assigned vendors on claims matters
- Be responsible for communicating, updating and maintaining compliance with established AIG Claims & Litigation guidelines, ensure appropriate and timely engagement with AIG Legal department and participate in cross-functional litigated claim file roundtables
- Be responsible for timely and accurate reporting of individually handled significant US Trade Credit claims to US Trade Credit Claim leadership
- Establish and maintain strong relationships with US Trade Credit underwriting colleagues and other relevant stakeholders
- Develop and maintain relationships with appropriate US Trade Credit customers & brokers
- Maintain superior Trade Credit claim handling skills by participating in technical training, keeping current with industry custom & practice
- Be responsible for identifying and reporting US Trade Credit claim trends, lessons learned & risk management opportunities and to share with the US Trade Credit Claim management as/when identified
- Support US Trade Credit Claims leadership on all assigned projects and initiatives including, where required, support in the administration of the remaining Surety claims portfolio
- Ensure compliance with all appropriate governmental, regulatory and AIG Corporate & US Trade Credit claims governance guidelines
Skills
Trade Credit Claims
Claims Management
Reserve Management
Vendor Management
Claims Adjusting
Litigation Guidelines
Stakeholder Collaboration
Underwriting Collaboration
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