![MassHire JobQuest Logo](https://dn9tckvz2rpxv.cloudfront.net/mass.jobs/img/MassHire-jobquest-banner.jpg)
Job Information
AIG Claim Analyst IV (Lexington) in Boston, Massachusetts
Join us as a Claims Analyst IV to take on key responsibilities within a world-class claims function.
Make your mark in Claims
As a Claim Analyst IV, you will be responsible for handling all aspects of multi-line, financial lines claims from inception through conclusion brought against insureds. The responsibilities for this role include making coverage determinations, investigating losses, evaluating, and projecting potential exposures, setting judgmental reserves, developing and implementing resolution strategies, managing outside law firms, working with underwriting on policy renewals and promoting client relationships.
How you will create an impact
Focused on Financial Lines, you will be responsible for a portfolio of high value, complex claims from coverage inquiry through legal liability assessment and quantum analysis, to timely and accurate resolution.
Your goal will be timely, accurate and customer-focused claim resolution, minimizing indemnity exposure and mitigating vendor and legal expense – you will actively promote and demonstrate the principles of ‘Treating Customers Fairly’ in claims handling.
You will communicate regularly with internal and external stakeholders in your role as our Financial Lines technical claims expert and thought leader.
As a senior member of the team, you will act as a deputy for the Team Manager, and will provide training, and be a technical referral point for colleagues.
You will also contribute to continuous improvement in Claims by supporting Quality Assurance / Regional Audit processes, ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all key internal and external stakeholders.
What you’ll need to succeed
Significant experience handling third-party, complex insurance claims, litigation or other related experience.
Advanced knowledge of legal / regulatory and litigation / procedural requirements for Financial Lines claims.
Bachelor’s Degree or equivalent required. Multi-state adjuster licenses and/or JD preferred.
Experience in negotiation, mediation, arbitration and ADR skills on higher value complex claims.
Policy language skills enabling accurate and consistent policy wording interpretation.
A track record of following up effectively on recommendations from technical claims audits and continuous file handling improvement.
The ability to influence claims and non-claims stakeholders to effectively direct claims strategy.
The ability to assist with technical training to the team’s claim handlers as required.
For positions based in New York City, the base salary range is $70,000 - $95,000 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, a summary of which can be viewed here: AIG Benefits Overview. (https://sprcdn-assets.sprinklr.com/248/0a780968-b61c-4521-b06e-ffe3eb552e83-228292781/New_Hire_Benefits_Overview_202.pdf)
Ready to take your career to the next level? We would love to hear from you.
#claims #claimsmanagement #arbitration #litigation #negotiation #complexclaims #financiallines #investigations
#LI-NH1
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.
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 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. 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
We’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). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s 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 candidatecare@aig.com .
Functional Area:
CL - Claims
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Claims, Inc.