Complex Claims Director, Severity

Welcome to American International Group! We are a leading global insurance organization with a mission to help individuals and businesses around the world achieve their financial goals and protect their assets. We are currently seeking a highly motivated and experienced Complex Claims Director, Severity to join our team.As the Complex Claims Director, Severity, you will play a critical role in managing and overseeing complex and high-value claims for our organization. You will utilize your expertise in insurance claims and your strong leadership skills to effectively manage a team and ensure the timely and accurate handling of these claims. We are looking for a dynamic individual who is able to thrive in a fast-paced and challenging environment, and who is committed to providing exceptional service to our clients.To excel in this role, you must have a minimum of 10 years of experience in handling complex and high-value claims, preferably in a leadership position. You must also possess a deep understanding of insurance policies and regulations, as well as excellent communication and negotiation skills. If you are passionate about delivering results and making a positive impact in the insurance industry, we want to hear from you. Join us in our mission to protect and support our clients' financial well-being.

1. Oversee and manage complex and high-value insurance claims for the organization.
2. Utilize expertise in insurance claims to ensure timely and accurate handling of claims.
3. Lead and mentor a team of claims professionals to maximize their potential and drive results.
4. Develop and implement strategies to effectively manage and mitigate risk associated with complex claims.
5. Maintain a thorough understanding of insurance policies and regulations to ensure compliance.
6. Collaborate with other departments and teams to ensure a seamless claims process and exceptional service for clients.
7. Communicate regularly with clients, stakeholders, and senior management regarding complex claims.
8. Negotiate with claimants, attorneys, and other parties to reach fair and reasonable settlements.
9. Analyze data and trends to identify areas for improvement and implement solutions to enhance claims processes.
10. Stay updated on industry developments and best practices to continuously improve claim management strategies.
11. Monitor and manage claim expenses to ensure efficiency and cost-effectiveness.
12. Represent the organization in legal proceedings related to complex claims.
13. Maintain strong relationships with clients and provide exceptional customer service.
14. Adhere to company policies and procedures and ensure compliance with all relevant laws and regulations.
15. Train and onboard new team members and provide ongoing training and development opportunities for the team.

According to JobzMall, the average salary range for a Complex Claims Director, Severity is $130,000-$180,000 per year. This can vary depending on factors such as location, experience, and the specific company or industry. Some companies may also offer bonuses and other benefits in addition to a base salary.

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.