Aig

Finance / FinServ

ClaimAnalystIV,LexPro

$85–104k Boston, Massachusetts, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Claim Analyst IV, Lex Pro at Aig. Skills: Employment Practices Liability, Management Liability, Claims handling. Handle caseload of pending and incoming claims. Determine coverage, evaluate liability, assess damages”

What You'll Achieve.

Timely and accurate resolution of claims; Minimize indemnity exposure; Mitigate vendor and legal expense; Accurate and consistent policy wording interpretation; Continuous file handling improvement

Industry & Context.

Finance / FinServ

What They're Looking For.

Must Have

Experience handling third-party claims, Knowledge of legal / regulatory and litigation / procedural requirements for employment practices and/or management liability claims, Bachelor's Degree or equivalent required, Experience in negotiation, mediation, arbitration and ADR skills on higher value complex claims, Policy language skills enabling accurate and consistent policy wording interpretation, A track record of following up effectively on recommendations from technical claims audits and continuous file handling improvement, The ability to influence claims and non-claims stakeholders by effectively directing claims strategy

Nice to Have

Multi-state adjuster licenses, JD

What You'll Do.

Handle caseload of pending and incoming claims

Establish appropriate reserves

Handle claims tendered on policies

Resolve matters with insureds

Provide information and updates to stakeholders

Collaborate with underwriters and management

Manage portfolio of claims from inquiry to resolution

Minimize indemnity exposure

Mitigate vendor and legal expense

Promote Treating Customers Fairly principles

Communicate with internal and external stakeholders

Provide feedback on claim exposures and trends

Support Quality Assurance / Regional Audit processes

Ensure mitigation of indemnity and expense exposure

How You'll Work.

Team & Collaboration

Communicate extensively with insureds, brokers, and counsel; Collaborate with underwriters and senior claims management; Communicate regularly with internal and external stakeholders; Work closely with underwriting partners; Communicate developments and outcomes to stakeholders

Communication Scope

Communicate extensively with insureds, brokers, and counsel; Provide appropriate information and updates to all stakeholders; Communicate regularly with internal and external stakeholders; Communicate developments and outcomes as necessary

Full Job Description

Join us as a **Claims Analyst IV, Lex Pro** to take on key responsibilities within a world-class claims function. **Make your mark in Claims** The Claims Analyst IV, Lex Pro position is responsible for handling a caseload of pending and incoming employment practices liability and management liability claims. The analyst will determine coverage, evaluate liability, assess damages, establish appropriate reserves and handle all aspects of claims tendered on architects & engineers professional liability policies. The analyst will communicate extensively with insureds, brokers, and counsel to resolve matters and provide appropriate information and updates to all stakeholders. The analyst will also collaborate with underwriters and senior claims management as necessary to support the business. **How you will create an impact** * Focused on Employment Practices Liability and Management Liability, you will be responsible for a portfolio of claims from coverage inquiry through legal liability assessment and quantum analysis, to timely and accurate resolution. * Your goal will be timely, accurate and customer-focused claim resolution, minimizing indemnity exposure and mitigating vendor and legal expense – you will actively promote and demonstrate the principles of ‘Treating Customers Fairly’ in claims handling. * You will communicate regularly with internal and external stakeholders in your role as an Employment Practices and Management Liability claims expert and thought leader. * As a valued member of the team, you will work closely with our underwriting partners to provide feedback on claim exposures and trends to inform decisions on the portfolio. * You will also contribute to continuous improvement in Claims by supporting Quality Assurance / Regional Audit processes, ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all key internal and external stakeholders. **What you’ll need to succeed** * Experience ha

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