Assistant Vice President – Excess
| Company | American International Group |
|---|---|
| Location | Boston, MA, USA, Dallas, TX, USA, Chicago, IL, USA, New York, NY, USA, Atlanta, GA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior, Expert or higher |
Requirements
- 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 – pre-suit, litigated and post-trial – at mediations, settlement conferences, etc.
- Property and Casualty adjusting licenses required and must be obtained within 6 months.
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 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 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.
Preferred Qualifications
- JD helpful but not required.