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AIG · 1 week ago

Claims Vendor Analyst

Atlanta, GA

Full-time

Onsite

Entry, Mid Level

2+ years exp

AIG 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

Commercial negotiationsContract draftingData analysisProperty & Casualty ClaimsMS ExcelCustomer serviceLeadership skillsCommunication skillsOrganizational skills