Recovery Specialist, Large Loss

AIG

New Jersey, US
Base: $70,000-$82,000; bonus/equity: eligible for ...
End-to-end recovery process
Investigate liability issues
Negotiate 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: competitive benefits

Skills & Requirements

Must-have

  • End-to-end recovery process
  • Investigate liability issues
  • Negotiate settlements
  • Manage complex claims
  • Property & Casualty insurance industry

Nice-to-have

  • Customer service assistance
  • Collaborative team environment
  • Continuous learning and development
  • Inclusive culture

Key Requirements

  • College degree strongly preferred
  • Five years' experience in P&C insurance
  • Proficient knowledge of complex bond files
  • Advanced working knowledge of Property and Specialty Lines
  • Prior experience in claims recovery
  • Excellent oral and written communication skills
  • Thorough working knowledge of MS Office applications

Work Rights

Not specified

Tailored Resume

Cover Letter