Claims Analyst IV - Management Liability

AIG • Chicago, IL

1d • $72,000 - $110,000 • Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Claims Analyst IV – Management Liability 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 IV, you will be responsible for handling Employment Practices Liability with opportunity to handle Director & Officers and Fiduciary 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. 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

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

• Handling Employment Practices Liability with opportunity to handle Director & Officers and Fiduciary Liability Claims
• Identifying, investigating, and resolving multiple coverage issues at the earliest appropriate time
• Providing clear and concise written and verbal communication of policy coverage issues to insureds, brokers, underwriters and risk managers
• 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.
• At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office.
• This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
• 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.

What This Job Offers

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