Recovery Specialist, Large Loss

AIG Australia

New Jersey, US
Base: $70,000-$82,000; bonus/equity: eligible for ...
End-to-end recovery process
Investigation and evaluation of liability
Negotiating settlements
The Recovery Specialist is responsible for the end- to- end recovery process to include; investigation, identification, and pursuit of recovery/subrogation opportunities to maximize amounts received from third parties who are wholly responsible or share liability for damages paid to claimants by AIG, while ensuring recovery expenses are minimized

Job Summary

  • The Recovery Specialist is responsible for the end- to- end recovery process to include; investigation, identification, and pursuit of recovery/subrogation opportunities to maximize amounts received from third parties who are wholly responsible or share liability for damages paid to claimants by AIG, while ensuring recovery expenses are minimized.
  • This role regularly requires the exercise of discretion and professional judgment in evaluating whether to pursue recovery and in negotiating settlements.
  • 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.

Matching Summary

The Recovery Specialist is responsible for the end- to- end recovery process to include; investigation, identification, and pursuit of recovery/subrogation opportunities to maximize amounts received from third parties who are wholly responsible or share liability for damages paid to claimants by AIG, while ensuring recovery expenses are minimized.

Salary

Base: $70,000-$82,000; Bonus/Equity: eligible for a bonus; Benefits: comprehensive benefits package

Skills & Requirements

Must-have

  • end-to-end recovery process
  • investigation and evaluation of liability
  • negotiating settlements
  • managing complex, high-value claims
  • understanding of local laws and markets

Nice-to-have

  • customer service assistance
  • collaboration and team environment
  • continuous learning and development

Key Requirements

  • Five years' experience in Property & Casualty insurance
  • College degree strongly preferred
  • Proficient knowledge of complex bond files/large property claims
  • Advanced working knowledge of Property and Specialty Lines
  • Prior experience in claims recovery, commercial lines

Work Rights

Not specified

Tailored Resume

Cover Letter