Complex Claims Director

4 weeks ago

Toronto, Canada AIG Full time

Complex Claims Director, Financial Lines
Join us as a Claims Complex Director to take on key responsibilities within a world-class claims function.
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
Manage complex commercial claims such as securities class actions, professional liability litigations, wrongful termination disputes, fraud, kidnapping, breach of representations and warranties, privacy breach class actions, etc.
Prepare timely coverage assessments and issue coverage letters under various types of commercial insurance policies, such as Director & Officers Liability, Professional Liability, Employers Liability, Financial Institutions, Fidelity, Fiduciary, Merger & Acquisition and Cyber
Assess exposure on all claims/set reserves and present to management on high exposure losses
Monitor external counsel and ensure compliance to the litigation guidelines
Communicate with our underwriting partners any information which may impact risk assessment and ensure alignment
Provide optimal claims service to clients and broker partners
Attend mediations/settlement conferences
Negotiate and settle claims within prescribed authority
Conform to company procedures/best practices
What you’ll need to succeed
A Lawyer with over 5 years of Commercial or insurance litigation preferably with an emphasis on D&O, E&O, Financial Institutions, Fidelity and/or Fiduciary claims, Cyber
Or
Substantive experience in complex claims / litigation management under Financial Lines products
Legal degree, strongly recommended
Excellent communication skills (verbal/written) and strong negotiation skills
Experience attending and controlling cases at mediations/settlement conferences, pre-suit, post-suit, pre-trial, and post-trial.
Ability to work independently with mínimal supervision
Ability to multi-task and work effectively and cooperatively in a fast-paced busy team environment
Ability to manage workload effectively and efficiently/ability to prioritize is essential
Proficient computer skills in a paperless environment
Ready to take your career to the next level? We would love to hear from you.
LI-NT1, #legaljobs, #claims, #insurance, #lawyer
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
**Functional Area**:
CL - Claims
AIG Insurance Company of Canada

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