Risk Manager- Claims

The Corporate Insurance team at AIG is responsible for managing insurance needs of the company and its various businesses.

This role will lead and drive claims recoveries across the Corporate Insurance portfolio including coordinating with internal stakeholders on claim submissions, obtaining and issuing quarterly updates on individual claims, responding to internal or external queries, producing bordereau reports and negotiating claims non-disclosure agreements.

A key focus will be to establish claims management reporting and analysis including documentation of claim status and updates.

There will also be an opportunity to offer support across other areas of Corporate Insurance Risk Management.

This is a unique role within Global P&C Carrier as it brings a high level of visibility internally. This individual must be comfortable liaising with and securing input from leaders on a regular basis, as well as comfortable consulting in review of coverage and renewals each year.

This role reports to the Global Head of Corporate Insurance.

Key Accountabilities and Responsibilities

• Lead and drive recoveries across the Corporate Insurance portfolio including Financial Lines (Professional Liability, Employment Practices Liability, Directors' & Officers' and Fiduciary Liability Insurance) & Casualty Claims (Auto Liability, General Liability & Workers' Compensation);
• Coordinate AIG entities' claim submissions with stakeholders, obtain and issue quarterly updates on individually reported claims respond to insurer inquiries, direct insurance tower calls with defense counsel and internal legal teams on sensitive claims and facilitate insurance recoveries;
• Produce and analyze yearly bordereau reports gathered from multinational teams;
• Negotiate claims non-disclosure agreements
• Oversee third party administrator (TPA) service delivery, contract and relationship;
• Coordinate claims responses with internal teams, TPA adjusters and other external vendors, respond to auto and GL claims served;
• Analyze claim trends, coverage effectiveness and implement strategic changes with broker assistance;
• Support Corporate Insurance's internal financial reporting requirements;
• Additional areas of focus including divestiture support & providing guidance on contracts, leases and vendor reviews;

Qualifications and Experience

• Comprehensive working knowledge of insurance coverage in property & casualty lines including insurance related concepts, processes, and regulations
• Claims management & reconciliation experience preferred
• Bachelor's Degree in Risk Management, Finance, or related quantitative field of study
• 3+ years of relevant professional work experience recommended
• Excellent planning, organization, time management, prioritization and multitasking skills to accomplish deliverables on a timely basis
• Effective team player with proven track record of collaboration and coordination with other business areas
• Ability to develop, cultivate, and maintain excellent relationships within, and external to, the Company

For positions based in New York, NY the base salary range is $83,200-$104,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.

A summary of benefits can be viewed here : 2024 Benefits Overview

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Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you.

That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security as well as your professional development to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks.

It is an exciting time to join us across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers.

At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.

We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals.

We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.

If you believe you need a reasonable accommodation, please send an email to [email protected] .

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RK - RiskEstimated Travel Percentage (%) : Up to 25%Relocation Provided : NoAIG Employee Services, Inc.