Recovery Specialist, Large Loss

AIG

New Jersey, US
Base: $70,000-$82,000; bonus: eligible per incenti...
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Property & casualty insurance industry experience
Complex bond files and large property claims knowledge
Advanced knowledge of recovery state laws
** AIG is seeking a Recovery Specialist for Large Loss claims in New Jersey, responsible for managing complex recovery processes within the Property & Casualty insurance sector. The role involves investigating and pursuing subrogation opportunities to maximize recovery amounts while minimizing expenses. **

Job Summary

  • The Recovery Specialist is responsible for the end-to-end recovery process to maximize amounts received from third parties responsible for damages paid by AIG.
  • This role involves handling the most complex, highest value claim recovery cases covering multiple commercial insurance lines within the North American region.
  • AIG offers a comprehensive Total Rewards Program focused on health, wellbeing, financial security, and professional development for its team members.

Matching Summary

Match Score: 75

** AIG is seeking a Recovery Specialist for Large Loss claims in New Jersey, responsible for managing complex recovery processes within the Property & Casualty insurance sector. The role involves investigating and pursuing subrogation opportunities to maximize recovery amounts while minimizing expenses. **

Salary

Base: $70,000-$82,000; Bonus: Eligible per incentive plan; Benefits: Comprehensive Total Rewards Program included

Skills & Requirements

Must-have

  • Property & Casualty insurance industry experience
  • Complex bond files and large property claims knowledge
  • Advanced knowledge of recovery state laws
  • Evidence-securing techniques proficiency
  • Commercial lines of business experience

Nice-to-have

  • Subject matter expert training capability
  • Arbitration panel participation experience
  • Strong oral and written communication skills
  • MS Office applications working knowledge

Key Requirements

  • College degree strongly preferred
  • Five years' experience in Property & Casualty insurance
  • Prior experience in claims recovery and commercial lines

Work Rights

Not specified

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