Claims Analyst II - EPL

AIG • Jersey City, NJ

2d • $69,000 - $86,000 • Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Claims Analyst II to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Claims Our Claims teams are the proven problem solvers of choice for clients, delivering consistent technical excellence and showcasing our service differentiation to create an unparalleled global claims handling experience. Through a robust stakeholder feedback loop and supported by consistent processes and leadership, we take pride in delivering responsive, fair and professional service with empathy and efficiency. How you will create an impact As a Claims Analyst II, this role will be responsible for handling Employment Practices Liability and overflow Directors & Officers Liability Claims, identifying, investigating, and resolving multiple coverage issues at the earliest appropriate time and providing clear and concise written and verbal communication of policy coverage issues to insureds, brokers, underwriters and risk managers. Additional responsibilities below:

Requirements

• Claims handling and/or litigation experience.
• Ability to analyze policies of insurance and legal documents.
• Strong written and verbal communication skills.
• Strong interpersonal and organizational skills.
• Strong computer skills (Microsoft Office).
• Bachelor’s Degree or equivalent required.

Nice To Haves

• Financial Lines experience (EPL, D&O & ERISA Claims) preferred.
• JD highly preferred.

Responsibilities

• Timely coordinate with defense counsel/insureds/monitoring counsel to facilitate coverage, liability and damage analysis.
• Explore the use of technology, structured settlements, and other means to find strategic and cost-effective claims resolutions.
• Effectively analyze and budget the litigation of each claim on pending through timely discussions with counsel, vendors and insureds.
• Determine judgmental value on all files in pending within a reasonable time frame and make presentations to management as necessary.
• Manage reserve adjustments and payments to avoid deficit payments.
• Other responsibilities as needed

Benefits

• Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan.
• In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level