Claims Analyst III, EPL

American International Group; Chicago (IL); On-site; USD 62,000 - 83,000; Full time

Job summary

American International Group (AIG) seeks a Claims Analyst III to grow expertise in handling Employment Practices Liability with potential to manage Director & Officers claims. You will identify and resolve coverage issues, communicate findings clearly to insureds, brokers and underwriters, and collaborate with counsel and vendors throughout the life of each claim.

Qualified candidates have claims and/or litigation experience, strong written/verbal skills, and a bachelor’s degree or equivalent; a

Qualifications

• Must have claims and/or litigation experience.
• Financial Lines experience (EPL, D&O, ERISA) preferred.
• Ability to analyze insurance policies and legal documents.
• Strong written and verbal communication skills.
• Strong interpersonal and organizational skills.
• Proficient in Microsoft Office.
• Bachelor’s Degree or equivalent required; JD preferred.

Responsibilities

• Handle Employment Practices Liability claims with opportunity to handle Director & Officers claims.
• Identify, investigate, and resolve multiple coverage issues promptly.
• Provide clear, concise written and verbal communication to insureds, brokers, underwriters, and risk managers.
• Investigate claims for coverage, liability, and damages.
• Work with insured and defense counsel to formulate cost-effective resolutions.
• Manage reserves and payments to avoid deficit.

Skills

Claims experience

Litigation experience

Financial Lines

Policy analysis

Communication skills

Interpersonal skills

Microsoft Office

Education

Bachelor’s Degree or equivalent

Juris Doctor (JD) preferred

Job description

Join us as a Claims Analyst III to grow your experience in handling complex claims.Make your mark in ClaimsOur Claims teams are the proven problem solvers of choice for clients, delivering consistent technical excellence and showcasing our service differentiation to create an unparalleled global claims handling experience. Through a robust stakeholder feedback loop and supported by consistent processes and leadership, we take pride in delivering responsive, fair and professional service with empathy and efficiency.How you will create an impactAs a Claims Analyst III, you will be responsible for handling Employment Practices Liability with opportunity to handle Director & Officers Claims, 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. Additional responsibilities below:· Timely investigate claims for coverage, liability and damage analysis.· Be thoughtful and work with the Insured and defense counsel to formulate effective and cost-effective claims resolutions.· Effectively analyze and budget the litigation of each claim on pending through timely and regular discussions with counsel, vendors and insureds through life of claim.· 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.What you’ll need to succeedClaims 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 accelerate your career? We would love to hear from you!For positions based in New York, NY, the base salary range is $68,000-$91,000. For positions based in Illinois, the base salary range is $62,000-$82,500. For positions based in New Jersey, the base salary range is $56,000-$89,000. 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: US Benefits Overview.#LI-NH1At 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 mattersAt 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 worldAmerican 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 inclusionWe’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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 [e-mail] Area:CL - ClaimsAIG Claims, Inc.