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AIG · 2 weeks ago

Vice President, Excess Casualty Claims

Jersey City, NJ

Full-time

Onsite

Senior Level, Lead/Staff

$170K/yr - $210K/yr

10+ years exp

AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Vice President in Excess Casualty Claims to manage a team of claims adjusters. This role involves overseeing complex claims, ensuring compliance with best practices, and driving team development to achieve organizational goals.

BankingFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Supervision of a team of excess claims adjusters

Assist adjuster in determining scope and extent of available primary and excess coverage and review of of appropriate coverage position letters

Work with adjuster to development and execution of investigation strategies which identify critical issues effecting liability, causation, and damages

Assessing and, as warranted, pursuing risk transfer and contribution opportunities

Clear and concise communication and contact with internal and external stakeholders including insureds, brokers, and underwriters

Supervise the evaluation of claim exposures and approval of appropriate reserves

Effectively managing litigation costs in coordination with counsel, vendors, and insureds

Complete monthly and internal claims audit procedures

Ensure compliance with all training and best claims practices

Recruit, interview and on-board new claims staff

Train and develop existing staff and other claims staff within the department in claims skills, coverage review, time management, evaluation, influencing favorable outcomes, and negotiation

Present claims and claims issues to senior management

Qualification

Excess Casualty claimsLitigation claims managementPropertyCasualty licensesTeam managementNegotiation skillsTrainingDevelopmentClaims audit proceduresCommunication skills

Required

10+ years of Commercial Excess Casualty claims experience preferred; Alternatively management experience in related Casualty claims field

Ability to manage a team

Excellent communication ability (verbal/written) and strong negotiation skills

Advanced experience and capabilities in litigation claims management including ADR and mediation process

Property and Casualty adjusting licenses required and must be obtained within 6 months

Supervision of a team of excess claims adjusters

Assist adjuster in determining scope and extent of available primary and excess coverage and review of appropriate coverage position letters

Work with adjuster to development and execution of investigation strategies which identify critical issues affecting liability, causation, and damages

Assessing and, as warranted, pursuing risk transfer and contribution opportunities

Clear and concise communication and contact with internal and external stakeholders including insureds, brokers, and underwriters

Supervise the evaluation of claim exposures and approval of appropriate reserves

Effectively managing litigation costs in coordination with counsel, vendors, and insureds

Complete monthly and internal claims audit procedures

Ensure compliance with all training and best claims practices

Recruit, interview and on-board new claims staff

Train and develop existing staff and other claims staff within the department in claims skills, coverage review, time management, evaluation, influencing favorable outcomes, and negotiation

Present claims and claims issues to senior management

Preferred

10 years plus of Excess Casualty claims experience preferred or other related Casualty claims management experience is required

JD helpful but not required

Potential for flexible work arrangement

Benefits

Total Rewards Program

Benefits focused on your health, wellbeing and financial security

Professional development

Company

AIG

Glassdoor3.7

AIG is a global insurance company providing insurance products to support clients in business and in life.

Founded in 1919

New York, New York, USA

10001+ employees

https://www.aig.com/

H1B Sponsorship

AIG has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (2)

2024 (2)

2023 (4)

2022 (23)

2021 (5)

2020 (13)