Head of Financial Lines Technical Claims

American International Group, Inc.; New York (NY); On-site; USD 250,000 - 315,000; Full time

Job summary

American International Group, Inc. in New York seeks a Head of Financial Lines Technical Claims to lead technical oversight of Financial Lines Claims in North America, driving coverage interpretation, complex claim strategy and settlements with senior leadership.

You will collaborate with underwriting, actuarial and legal partners to shape strategic objectives, develop training on lessons learned, and ensure consistency across regions and products for high-severity matters.

Qualifications

• 15+ years of related work experience in commercial claims.
• Strong leadership and communication skills.
• Deep knowledge of policy coverage and claims management.

Responsibilities

• Lead technical oversight of Financial Lines Claims in North America.
• Drive claims excellence, strategy, and settlements for high-severity matters.
• Collaborate with underwriting, actuarial, legal and compliance to align objectives and policies.

Skills

Leadership

Communication

Claims handling

Insurance knowledge

Education

Bachelor's Degree

Master’s Degree or JD preferred

Job description

Head of Financial Lines Technical Claims### Head of Financial Lines Technical ClaimsApply: NY-New York: Full time: Posted Today: JR2604128At AIG, we are reimagining the way we help customers to manage risk. Join us as the **Head of Financial Lines Technical Claims** to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. **Make your mark in Claims**Our 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 impact**As the North America Head of Financial Lines Technical Claims you will report to the North America Head of Financial Lines Claims, and be responsible for technical oversight of Financial Lines Claims in North America. You will be responsible for driving Claims technical excellence and be a recognized subject matter expert within and outside of the Claims function in the relevant business lines. You will collaborate directly with senior claims, underwriting, actuarial, legal and compliance leaders to ensure effective development and management of strategic objectives and policies for those lines of business, and be responsible for leading the development of clear and effective strategies for resolving high complexity and severity claims, for identifying claim and coverage trends, and for driving technical excellence and internal business partner communication within specific business lines. You are also responsible for setting strategic vision for the approach to and resolution of these claims, driving claims consistency by product, partnering with underwriting on trends and exposures and working with actuarial to develop a robust and consistent approach to claims exposure assessment and reserving.* Providing oversight of complex, high severity claims across D&O, E&O/MPL, Fiduciary, Fidelity, Financial Institutions, Employment Practices Liability products, focusing on overall claims consistency, thought leadership, best practices, lessons learned and technical trainings across all regions and products in North America.* Monitoring of, and escalation/referral for guidance, direction and authority on, matters involving high severity and/or complex coverage issues and matters involving high profile insureds or events or of significant impact.* Active involvement in highest severity or high profile claims, at the direction of senior claims management, including direct involvement in negotiation of settlements with Insureds and Claimants, based on sensitivity, severity, complexity or age of matter, as necessary.* Assisting the Head of Financial Lines Claims with the effective management and implementation of strategic claim objectives and policies for a line of business, in accordance with the company's strategic plans. ·* Claims trend and legal development identification, analysis and reporting, including regular LOB reports for senior claims management and internal business partners and similar LOB-specific reporting; coordination with IT/claims data functions to ensure necessary/correct data views.* Providing oversight and management of systemic and quasi-systemic claim issues that cross all lines of business; generating periodic reports and updates regarding exposures to senior claims, actuarial and underwriting management.* Reviewing, developing and/or delivering technical claims training content; developing a formalized “lessons learned” capability fit for purpose for Financial Lines to ensure claim insights are communicated consistently with stakeholders in Underwriting and Actuarial.* Communication of, education and training regarding existing or developing coverage issues to ensure accuracy and consistency of position/approach. **What you’ll need to succeed:*** Extensive knowledge in several diverse disciplines or recognized professional fields, i.e. commercial insurance policy coverage and controlling laws, litigation management governance/control and comprehensive understanding of critical issues in other related areas.* Advanced communication skills which are critical to building consensus across areas of influence (external and/or internal relationships), team, and/or matrix environment.* Superior leadership and management skills demonstrating integrity and professionalism.* Proven ability to drive results by identifying and resolving significant problems within scope of responsibility.* Extensive knowledge of the insurance industry, its products and services.* 15+ of related work experience with commercial or Risk Management claims including technical claim handling, coverage interpretation, and claim/litigation.* The ideal candidate will have a Bachelor’s Degree with a Master’s Degree or JD preferred. Ready to take your career to the next level? We would love to hear from you. For positions based in New York, the base salary range is $250,000- $315,000. In addition, 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 :2026 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.