Complex Claims Director, Excess

AIG InsuranceChicago, IL
Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Complex Claims Director 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 Excess Casualty 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: Are you interested in handling some of the largest and most complex Casualty claims in the industry? Your deep technical claims expertise will be put to the test in the investigation, evaluation and disposition of new and existing 3rd party property and casualty claims. These multimillion-dollar claims include multi-vehicle auto accidents, plant explosions, catastrophic product liability claims, and other complex losses. You will be required to review coverage under Excess Commercial General liability and auto policies and participate in the investigation of the claim. You will direct the litigation, assess liability and damages, recommend reserves, present large value cases to senior claims management, and attend mediations and trials. You will need excellent customer service skills in communicating with insureds, brokers, attorneys, and claimants. Only the most highly skilled negotiators will succeed in resolving these claims in the toughest venues against the most elite plaintiff attorneys.

Requirements

  • 5+ years of Commercial/Industry claims experience preferred
  • Excellent communication ability (verbal/written) and strong negotiation skills
  • Advanced experience and capabilities in litigation claims management including ADR and mediation process
  • Experience attending and controlling claims - pre-suit, litigated and post-trial - at mediations, settlement conferences, etc.
  • Property and Casualty adjusting licenses required and must be obtained within 6 months

Nice To Haves

  • JD helpful but not required

Responsibilities

  • Determining scope and extent of available primary and excess coverage and issuance of appropriate coverage position letters
  • Development and execution of investigation strategies which identify critical issues effecting liability, causation, and damages
  • Assessing and, as warranted, pursuing risk transfer and contribution opportunities
  • Clear and concise communication and contact with internal and external stakeholders including insureds, brokers, and underwriters
  • Evaluating claim exposures and setting appropriate reserves
  • Developing and implementing resolution strategies including utilization of ADR
  • Presentation to senior management of claim disposition recommendations
  • Independent and proactive negotiation of multi-million dollar claims with top plaintiff attorneys nationwide after securing appropriate authority
  • Effectively managing litigation costs in coordination with counsel, vendors, and insureds

Benefits

  • 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

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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