Recovery Specialist, Large Loss

AIG

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
  • coordinate investigations by expert witnesses
  • manage complex, high-value claims
  • apply state laws related to each file

Nice-to-have

  • reimagining the way we help customers
  • drive total cost of claim improvement
  • culture of inclusion and belonging
  • continuous learning and development

Key Requirements

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

Work Rights

Not specified

Tailored Resume

Cover Letter