Base: $70,000-$82,000; bonus/equity: eligible for ...
End-to-end recovery process
Investigate and evaluate liability
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.
For positions based in New Jersey, the base salary range is $70,000-$82,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
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 bonus; Benefits: Competitive benefits package
Skills & Requirements
Must-have
End-to-end recovery process
Investigate and evaluate liability
Negotiate settlements
Manage complex, high-value claims
Commercial insurance lines of business
State laws related to each file
Nice-to-have
Reimagining risk management
Industry leader in claims
Drive total cost of claim improvement
Culture of inclusion and belonging
Continuous learning and development
Key Requirements
Five years' experience P&C insurance
Proficient knowledge of complex bond files
Advanced working knowledge of Property and Specialty Lines