AIG · 1 week ago
Claims Vendor Analyst
Atlanta, GA
Full-time
Onsite
Entry, Mid Level
2+ years expAIG is a global leader in commercial and personal insurance solutions, and they are seeking a Claims Vendor Analyst to support the contracting of claims vendors. The role involves engaging in vendor due diligence, issuing contract documentation, supporting negotiations, and maintaining commercial agreements.
BankingFinancial ServicesInsurance
Responsibilities
Participate in end to end acquisition of smaller vendors with an annual spend of less than $500K for Insurance Claims processing and adjudication commodities. This includes:
Negotiate commercial contracts from AIG’s vendor contract template with Claims vendors to be a preferred AIG panel vendor
Participate and lead vendor pricing negotiations
Document and summarize the agreed commercial terms accurately; and
Collect and store all required due diligence documentation in line with the team’s standard operating process
Support Claims Sourcing Managers with spend data analysis, data queries, and reporting, which support line of business vendor strategies or complex / high value vendor negotiations
Documentation and website updates, keeping business facing documents / webpages which reflect AIG’s commercial positions with vendors accurate and current
Work with claims handlers to understand the claims business area, and the cost drivers that result in AIG’s claims total cost
Follow legal guidance and other support groups to ensure completion of acceptable contracts
Perform other ad hoc assignments to enable AIG to more cost-effectively procure services
Monitor and respond to inquiries received by stakeholders and vendors in team’s inbox
Qualification
Required
Bachelor's degree in Business or related field and/or equivalent combination of experience
2+ years of experience working with Property & Casualty Claims vendors
Experience working with commercial negotiations and drafting contract
Strong critical thinking and analytical reasoning (quantitative and qualitative) that can be applied in a problem-solving scenario
Strong organizational, customer service, leadership/influencing and negotiation skills
Ability to perform complex data analysis, report on spend analysis, KPI's, savings, trends, etc
Excellent communication skills (verbal, written, presentation)
Proficiency in MS Excel (advanced formulas, pivot tables, etc), MS Word, PowerPoint, and MS Outlook
Preferred
insurance or financial services industry preferred
Benefits
Total Rewards Program
Health, wellbeing and financial security
Professional development
Company
AIG
AIG is a global insurance company providing insurance products to support clients in business and in life.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
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