Claims Director for Financial Lines
3 days ago
American International Group, Inc. is a dynamic company that offers an exciting opportunity for a Claims Director for Financial Lines to join our team. This role involves leading complex claims against financial institutions and collaborating with underwriting teams to deliver exceptional customer service.
The estimated annual salary for this position is $130,000. We also offer a comprehensive benefits package, including medical, dental, and vision coverage, as well as a 401(k) plan and employee stock purchase program.
About the Job Description
- We're looking for a skilled professional to handle complex claims against financial institutions, including high exposure Errors & Omissions, Directors & Officers claims, Fiduciary and EPL claims.
- You'll be responsible for making coverage determinations, investigating losses, evaluating and projecting potential exposures.
- Developing and implementing resolution strategies, making case presentations, setting judgmental reserves, and effectively strategizing and budgeting litigation of each claim.
- Collaborating with underwriting teams to deliver differentiated value and service to our customers and distribution partners.
About Required Skills and Qualifications
- Strong background in handling complex insurance claims, litigation, or other related experience, preferably within Financial Lines.
- Ability to analyze policies of insurance and legal documents.
- Negotiation, interpersonal, communication, and organizational skills.
- Knowledge of the litigation and arbitration process.
- Bachelor's degree or equivalent; a Juris Doctor is preferred.
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