Recovery Specialist

Are you a highly motivated and passionate individual with a desire to help others? Are you looking for a fulfilling career in the insurance industry? Look no further than American International Group (AIG) for an exciting opportunity as a Recovery Specialist.As a Recovery Specialist at AIG, you will play a crucial role in ensuring the financial stability and success of our organization. You will be responsible for managing and recovering funds from insurance claims, negotiating settlements, and developing relationships with external stakeholders. We are seeking a candidate who is self-motivated, detail-oriented, and possesses strong communication and negotiation skills. If you are a team player with a positive attitude and a commitment to excellence, we encourage you to apply for this rewarding position.

1. Manage and recover funds from insurance claims to ensure the financial stability and success of the organization.
2. Negotiate settlements with external stakeholders to maximize recovery and minimize losses.
3. Develop and maintain relationships with external stakeholders, such as insurance companies and legal representatives, to facilitate the recovery process.
4. Conduct thorough investigations and analyses of insurance claims to determine the appropriate course of action.
5. Utilize knowledge of insurance policies and regulations to accurately assess and validate claims.
6. Stay up-to-date on industry trends and best practices in insurance claim recovery.
7. Communicate effectively with team members and other departments to ensure a smooth and efficient recovery process.
8. Maintain accurate and organized records of claims and recovery efforts.
9. Collaborate with legal and compliance teams to ensure all recovery efforts are in compliance with company policies and regulations.
10. Continuously improve and streamline recovery processes to increase efficiency and effectiveness.
11. Act as a subject matter expert on recovery efforts and provide guidance to other team members.
12. Stay informed on all relevant laws, regulations, and industry standards related to recovery efforts.
13. Handle sensitive and confidential information with the utmost discretion and professionalism.
14. Demonstrate a strong commitment to customer service and provide a positive experience for all stakeholders involved in the recovery process.
15. Represent the organization with integrity and professionalism at all times.

According to JobzMall, the average salary range for a Recovery Specialist in Johannesburg, South Africa is between R120,000 and R300,000 per year. This can vary depending on factors such as experience, skills, and the specific industry or company the Recovery Specialist is working in. Some job listings may also offer additional benefits such as commission or bonuses.

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.