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Complex Claims Director, Financial Lines
2 months ago
We are seeking a highly skilled and experienced Claims Director to join our Financial Lines team at AIG. As a Claims Director, you will be responsible for managing complex commercial claims, including securities class actions, professional liability litigations, and wrongful termination disputes. You will also be responsible for preparing timely coverage assessments and issuing coverage letters under various types of commercial insurance policies.
Key Responsibilities- Manage complex commercial claims, including:
- Securities class actions
- Professional liability litigations
- Wrongful termination disputes
- Fraud
- Kidnapping
- Breach of representations and warranties
- Privacy breach class actions
You will also be responsible for:
- Preparing timely coverage assessments
- Issuing coverage letters under various types of commercial insurance policies
- Assessing exposure on all claims and setting reserves
- Presenting to management on high exposure losses
- Monitoring external counsel and ensuring compliance to litigation guidelines
- Communicating with underwriting partners on risk assessment
- Providing optimal claims service to clients and broker partners
- Attending mediations and settlement conferences
- Negotiating and settling claims within prescribed authority
- Fluency in both English and French (verbal and written) is essential
- AMF License or commitment to obtain licensing within a reasonable timeframe after being hired
- Legal degree, strongly recommended
- Experience in civil and commercial litigation or insurance coverage litigation
- Ability to work independently with minimal supervision
- Excellent oral and written communication skills
- Excellent organizational and interpersonal skills
- Superior analytical skills
- Ability to multi-task and work effectively in a fast-paced team environment
- Ability to manage workload effectively and efficiently
AIG is a global leader in commercial and personal insurance solutions. We offer a competitive salary and benefits package, as well as opportunities for professional growth and development. Our team is dedicated to providing exceptional service to our clients and broker partners, and we are committed to creating a culture of inclusion and belonging.
We are an equal opportunity employer and welcome applications from diverse candidates. If you are a motivated and experienced Claims Director looking for a new challenge, please submit your application.
