American International Group

Claims Analyst IV - General Liability

American International Group$73K — $93K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of Auto and General Liability claim experience.
  • Bachelor's Degree or equivalent work experience.
  • Experience resolving moderate severity injury claims.
  • Excellent interpersonal and organizational skills.
  • Ability to work independently and manage multiple tasks.
  • Effective decision-making skills regarding claims performance.
  • Knowledge of claim handling procedures and best practices.

Responsibilities

  • Contact insureds promptly and follow up to ensure timely investigation and claim resolution.
  • Conduct thorough investigations of coverage, liability, and damages, documenting necessary evidence.
  • Comply with all statutory and regulatory requirements for claims handling.
  • Establish and review loss and expense reserves with documented rationale.
  • Demonstrate technical efficiency in executing best claim handling practices.
  • Communicate effectively with internal and external customers regarding claims issues.
  • Manage a diary system to efficiently handle assigned claims inventory.

Benefits

  • Range of competitive benefits including medical, dental, and vision insurance.
  • Opportunity for performance-based bonuses.
  • Supportive work culture with emphasis on in-person collaboration.
  • Potential for professional development and training opportunities.
Full Job Description
The Casualty Claims Analyst IV is responsible for investigating, evaluating, and negotiating, mainly general liability claims, and some auto liability claims while maintaining a high standard of customer service. This includes prompt contact with insureds and follow up to complete timely and accurate reserves and claim resolution.

Key Responsibilities include:
  • Prompt contact and follow up to complete timely and accurate investigation, damage evaluation and claim resolution in accordance to regulatory and company standards.
  • Conducts a thorough investigation of coverage, liability and damages. Must document facts and maintain evidence to support claim resolution.
  • Comply with all statutory and regulatory requirements in all applicable jurisdictions.
  • Establish appropriate loss and expense reserves with documented rationale. On going review of reserves required through life of file.
  • Demonstrates technical efficiency through timely, consistent execution of best claim handling practices and claim handling guidelines.
  • Communicates effectively with internal and external customers on claims and account issues.
  • Maintain and manage a diary system to efficiently manage and resolve assigned claim inventory.
  • Effectively manage complex litigated cases while ensuring timely and cost effective outcomes.
  • Prepare Large Loss reports and maintain ongoing claim updates.
  • Property and Casualty licenses required. Must be obtained within 6 months of hire.


What you'll need to succeed
  • 2+ years of General Liability claim experience.
  • Bachelor's Degree or equivalent work experience.
  • Experience resolving moderate severity injury claims.
  • Must possess excellent interpersonal and organizational skills and be able to handle multiple tasks while managing competing priorities.
  • Ability to work independently, handle multiple tasks simultaneously and exercise good judgment.
  • Ability to collaborate and successfully manage work when working at home or in the office in a flexible work environment.
  • Effective decision-making skills including the ability to recognize, analyze, and improve claims performance against standards and goals.
  • Knowledge of claim handling procedures and best practices.
  • Experience handling self- insured retentions, surplus lines coverages, and partnering with MGAs is a plus.
  • Multi-state adjuster licenses a plus.
  • Ability to obtain required licenses within 6 months of hire.


For positions based in New Jersey, the base salary range is $76,000-$93,000. For positions based in Massachusetts, the base salary range is $73,000 - $93,000. For positions based in Illinois, the base salary range is $73,000 - $93,000. 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.

#LI-SR1

Functional Area:

CL - Claims

AIG Claims, Inc.

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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