Senior Clams Analyst, Excess Casualty

AIG • Jersey City, NJ

3d • $70,000 - $103,000 • Onsite

About The Position

AIG is hiring a Senior Claims Analyst in Excess Casualty Claims to handle complex bodily injury, wrongful employment practices, and property damage claims under Excess or Umbrella Commercial General Liability policies. The role handles claims across all 50 states for small companies, governmental entities, and major corporations. Claim severity ranges from auto accidents with moderate injuries to multi-claimant litigation involving severe injuries, wrongful death, burn injuries, and property damage claims worth millions of dollars.

The analyst develops and executes investigation strategies, evaluates liability, causation, damages, risk transfer, and contribution opportunities, and communicates with insureds, brokers, underwriters, and other internal and external customers. The role includes documenting exposure evaluations and resolution strategies, directing litigation, attending mediations and trials, assessing liability and damages, recommending reserves, presenting high-value cases to senior management, and managing litigation strategy, budgets, and expenses in collaboration with counsel, vendors, and insureds.

AIG asks team members to work primarily in the office to support in-person collaboration. The position is eligible for a bonus under the applicable incentive plan. AIG describes its Total Rewards Program as including benefits focused on health, wellbeing, financial security, and professional development.

Requirements

• Excellent verbal and written communication skills.
• Strong negotiation skills.
• Advanced experience and capabilities in litigation claims management, including ADR and the mediation process.
• Experience attending and controlling cases through pre-suit, litigation, and post-trial stages, including mediations and settlement conferences.
• Property and Casualty licenses are required and must be obtained within six months.

Nice To Haves

• Three or more years of Commercial/Industry claims experience.
• Motivation to pursue an upwardly mobile career path.

Responsibilities

• Prepare and execute investigation strategies that identify critical issues affecting liability, causation, and damages, and assess risk transfer and contribution opportunities.
• Communicate clearly with internal and external customers, including insureds, brokers, and underwriters, to provide guidance and manage expectations.
• Document exposure evaluations and resolution strategies.
• Direct litigation, attend mediations and trials, assess liability and damages, and recommend reserves.
• Present high-value cases to senior management.
• Strategize and budget litigation for each claim in discussions with counsel, vendors, and insureds.
• Establish clear ground rules with defense and coverage counsel to maintain financial control of budgets and expenses.

Benefits

• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Competitive benefits through AIG's Total Rewards Program, including benefits focused on health, wellbeing, financial security, and professional development.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed