COMPLEX CLAIMS DIRECTOR, MANAGEMENT LIABILITY

Company: American International Group
Location: New York
Posted on: October 19, 2024

Job Description:

Complex Claims Director, Management LiabilityMake your mark in Claims
Any additional information you require for this job can be found in the below text Make sure to read thoroughly, then apply.
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 impactAs a Complex Claims Director for Management Liability, you will have the unique opportunity to work with some of the industry's top talent in Financial Lines Claims. You will be responsible for handling all aspects of complex directors & officers claims, including securities class actions, high exposure employment practices liability and fiduciary liability matters, from inception through conclusion brought against publicly traded, privately held and not-for-profit insureds.

• Making coverage determinations, investigating losses, evaluating and projecting potential exposures
• Making case presentations, setting judgmental reserves, developing and implementing resolution strategies
• Effectively strategizing and budgeting litigation of each claim through discussions with counsel, vendors and insureds. Establish with defense and coverage counsel clear ground rules in order to maintain financial control of budget and expenses.
• Collaborating with underwriting and delivering differentiated value and service to our customers and distribution partnersWhat you'll need to succeed
  • A strong track record of handling complex insurance claims, litigation or other related experience, preferably within Financial Lines
  • Demonstrated ability to analyze policies of insurance and legal documents
  • Excellent negotiation, interpersonal, communication and organizational skills
  • Knowledge of the litigation and arbitration process
  • Bachelor's degree or equivalent; a Juris Doctor is preferredReady to make a bigger impact? We look forward to reviewing your application.For positions based in New York City, the base salary range is $103,000 - $143,000 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.Enjoy benefits that take care of what mattersAt 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.Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.Welcome to a culture of belongingWe're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). The diversity of our people is one of AIG's greatest assets.AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.Functional Area: CL - ClaimsEstimated Travel Percentage (%): Up to 25%Relocation Provided: No
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Keywords: American International Group, Middletown , COMPLEX CLAIMS DIRECTOR, MANAGEMENT LIABILITY, Executive , New York, Connecticut