As a Claims Analyst IV, you will be responsible for handling Financial Institutions Claims, which encompasses claims involving Employment Practices, Fiduciary Liability, and Director & Officers. As a Claims Analyst IV, you will be responsible for identifying, investigating, and resolving multiple coverage issues at the earliest appropriate time and providing clear and concise written and verbal communication of policy coverage issues to insureds, brokers, underwriters and risk managers.
Timely coordinate with defense counsel/insureds/monitoring counsel to facilitate coverage, liability and damage analysis.
Explore the use of technology, structured settlements, and other means to find strategic and cost-effective claims resolutions.
Effectively analyze and budget the litigation of each claim on pending through timely discussions with counsel, vendors and insureds.
Determine judgmental value on all files in pending within a reasonable time frame and make presentations to management as necessary.
Manage reserve adjustments and payments to avoid deficit payments.
Other responsibilities as needed
What you will need to succeed
Claims handling and/or litigation experience.
Financial Lines experience (EPL, D&O, ERISA claims) preferred.
Ability to analyze policies of insurance and legal documents.
Strong written and verbal communication skills.
Strong interpersonal and organizational skills.
Strong computer skills (Microsoft Office).
Bachelor’s Degree or equivalent required. JD highly preferred.
Ready to make a bigger impact? We look forward to reviewing your application.
For positions based in New York, NY, the base salary range is $87,000-$108,000. For positions based in Illinois, the base salary range is $73,000 - $97,000. Compensation for this position includes base salary and eligibility 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, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
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At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
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 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.
CL - ClaimsAIG Claims, Inc.
