Recovery Specialist, Large Loss

AIG

New Jersey, US
Base: $70,000-$82,000 (new jersey); bonus: eligibl...
2 day onsite
Property & casualty insurance experience
Complex bond files knowledge
Subrogation and recovery pursuit
AIG is seeking a Recovery Specialist, Large Loss in New Jersey, responsible for managing the recovery process for complex, high-value claims. The role involves investigating claims, negotiating settlements, and coordinating with various parties to maximize recoveries while minimizing expenses

Job Summary

  • The Recovery Specialist is responsible for the end-to-end recovery process to maximize amounts received from third parties responsible for damages paid by AIG.
  • This role requires evaluating complex commercial insurance lines across North America and exercising professional judgment on recovery pursuits and settlements.
  • AIG offers a competitive benefits package and a culture of inclusion that values in-person collaboration and continuous professional development.

Matching Summary

Match Score: 85

AIG is seeking a Recovery Specialist, Large Loss in New Jersey, responsible for managing the recovery process for complex, high-value claims. The role involves investigating claims, negotiating settlements, and coordinating with various parties to maximize recoveries while minimizing expenses.

Salary

Base: $70,000-$82,000 (New Jersey); Bonus: Eligible per incentive plan; Benefits: Comprehensive Total Rewards Program included

Skills & Requirements

Must-have

  • Property & Casualty insurance experience
  • Complex bond files knowledge
  • Subrogation and recovery pursuit
  • Liability investigation skills
  • State law application expertise

Nice-to-have

  • Arbitration panel participation
  • Subject matter expert training
  • Cross-jurisdictional caseload management
  • Legal brief development
  • Team collaboration in office

Key Requirements

  • College degree strongly preferred
  • Five years' Property & Casualty insurance experience
  • Advanced knowledge of recovery/claims-related state laws
  • Prior experience in claims recovery and commercial lines
  • Proficient knowledge of complex bond files

Work Rights

Not specified

Tailored Resume

Cover Letter