Complex Claims Director, Severity

AIG Insurance•Philadelphia, PA

1d•$96,000 - $129,000•Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Complex Director Severity Claims 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 Severity 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, class action injury claims, catastrophic product liability claims. You will be required to review coverage under Excess Commercial General liability and auto policies, participate in the investigation of the claim and control litigation strategy. The adjuster will be required to direct the litigation, attend mediations and trials, assess liability and damages, and recommend reserves. It will be necessary for the adjuster to present the large value cases to senior management. The adjuster 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. Determining the scope and extent of available coverage. The investigation, evaluation and disposition of new and existing 3rd party property and casualty claims. Preparation and execution of investigation strategies which identify critical issues effecting liability, causation and damages and assessment of risk transfer and contribution opportunities. Clear and concise communication and contact with internal and external customers, including insureds, brokers, and underwriters, to provide guidance and manage expectations. Proper documentation of exposure evaluation and resolution strategy. Presentation to senior management of claim disposition recommendations. Obtain the appropriate authority to independently negotiate multimillion-dollar claims with the top plaintiff attorneys nationwide. Document evaluation, thought process, and strategy. Utilize ADR as appropriate and necessary. Effectively strategize and budget litigation of each claim through discussions with counsel, vendors, and insureds. Establish with defense and coverage counsel clear ground rules to maintain financial control of budget and expenses.

Requirements

5+ years of Commercial/Industry claims experience preferred
Excellent communication skills (verbal/written) and strong negotiation skills
Advanced experience and capabilities in litigation claims management including ADR and mediation process
Experience attending and controlling cases- pre-suit, litigated and post trial- at mediations, settlement conferences, etc.
Property and Casualty licenses required, must be obtained within 6 months.
Motivated individuals who are interested in the potential for an upwardly mobile career path.

Responsibilities

Determining the scope and extent of available coverage.
The investigation, evaluation and disposition of new and existing 3rd party property and casualty claims.
Preparation and execution of investigation strategies which identify critical issues effecting liability, causation and damages and assessment of risk transfer and contribution opportunities.
Clear and concise communication and contact with internal and external customers, including insureds, brokers, and underwriters, to provide guidance and manage expectations.
Proper documentation of exposure evaluation and resolution strategy.
Presentation to senior management of claim disposition recommendations.
Obtain the appropriate authority to independently negotiate multimillion-dollar claims with the top plaintiff attorneys nationwide.
Document evaluation, thought process, and strategy.
Utilize ADR as appropriate and necessary.
Effectively strategize and budget litigation of each claim through discussions with counsel, vendors, and insureds.
Establish with defense and coverage counsel clear ground rules to maintain financial control of budget and expenses.

Benefits

For positions based in Jersey City, NJ, the base salary range is $96,000-$129,000 and the position is eligible 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, 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.

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