Recovery Specialist, Large Loss

AIG Group

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.
  • At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office.

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
  • legal and regulatory environment
  • large property recoveries

Nice-to-have

  • customer service assistance
  • in-person collaboration
  • culture of inclusion and belonging
  • continuous learning and development

Key Requirements

  • Five years experience in Property & Casualty insurance
  • College degree strongly preferred
  • Prior experience in claims recovery
  • Advanced working knowledge of Property and Specialty Lines
  • Proficient knowledge of complex bond files

Work Rights

Not specified

Tailored Resume

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