Assistant Vice President Excess
Assistant Vice President Excess
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Job Description
Assistant Vice President Excess
At AIG we are reimagining the way we help customers to manage risk. Join us as an Assistant Vice President to play your part in that transformation. Its 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 multimilliondollar claims include multivehicle 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 attend mediations and trials assess liability and damages and recommend reserves. It will be necessary to present the large value cases to senior management. 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.
- 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 of investigation strategies which identify critical issues effecting liability causation and damages and assess 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 multimilliondollar 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.
What you will need to succeed
- 8 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 presuit litigated and posttrial at mediations settlement conferences etc.
- JD helpful but not required.
- Property and Casualty adjusting licenses required and must be obtained within 6 months.
- Interest in the potential for an upwardly mobile career path.
Ready to take your career to the next level We would love to hear from you.
#LITL1
Enjoy benefits that take care of what matters
At AIG our people are our greatest asset. We know how important it is to protect and invest in whats 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 securityas well as your professional developmentto bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most farreaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver everbetter 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. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
Were committed to creating a culture that truly respects and celebrates each others 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). With global chapters ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
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 .
Functional Area:
Required Experience:
Chief
Employment Type
Full-Time
