Major Loss Adjuster - Energy

Major Loss Adjuster - Energy

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Handle complex energy claims and interact with clients, brokers, and stakeholders.
  • Company: AIG is a global leader in insurance solutions, committed to innovation and customer support.
  • Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
  • Why this job: Join an industry-leading team and make a real impact in a supportive, inclusive culture.
  • Qualifications: Expertise in Major Loss Energy claims, strong communication skills, and leadership experience required.
  • Other info: AIG values collaboration and offers reasonable accommodations for applicants with disabilities.

The predicted salary is between 43200 - 72000 £ per year.

Join us as a Major Loss Adjuster to take on key responsibilities within a world-class claims function. Our claims handlers deal with a number of highly sophisticated insureds globally, including large multinational fronting programmes where AIG are lead and empowered to make decisions on high value and complex claims globally, where claims arise across a variety of jurisdictions. The role is client facing and in addition to coverage, legal liability and quantum analysis, will include considerable interaction with brokers, insureds, external providers and internal stakeholders. Our claims team is an industry leader providing opportunities to our adjusters to develop and grow their experience across Energy and Construction products.

How you’ll make an impact

This role handles 'Major Loss' energy claims that have the highest level of complexity and the highest monetary exposure for the company. This may include coverage determinations, investigating the loss, conducting an independent assessment as to the company's exposure, participation in developing and implementing the most cost effective and timely resolution of the claim, and quantum analysis, ensuring mitigation of indemnity and expense exposure while communicating developments and outcomes as necessary to all key internal and external stakeholders. It can also include cross-border claims handling, including awareness of legal and regulatory systems outside 'home' jurisdiction.

What you’ll need to succeed:

  • Technical Skills and Expertise: Market leading specialist knowledge in Major Loss Energy technical claims topics. Expert policy language skills enabling accurate and consistent policy wording interpretation. Market Leading knowledge of legal / regulatory and litigation/ procedural requirements. Experience in negotiation, mediation, arbitration, and ADR skills. Experience in conducting technical claims audits and effectively following up on findings. Catastrophe management experience. Ability to manage claims outside local jurisdiction where appropriate, including understanding of local laws and regulation, regular interaction with claims team in originating jurisdiction and ensure regular reporting in both locations.
  • Leadership Skills: Excellent communication skills, both written & verbal. Strong presentation skills. Ability to deliver technical training to claims handling teams. Ability to influence claims stakeholders to effectively direct claims strategy. Strong senior stakeholder management experience, both internal (underwriting, distribution, actuarial, finance and executive management) and external (brokers, major account clients).

Ready to take the next step in your career? We look forward to hearing from you.

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. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Major Loss Adjuster - Energy employer: American International Group

AIG is an exceptional employer, offering a dynamic work environment where collaboration and innovation thrive. With a strong focus on employee development, our Major Loss Adjusters benefit from comprehensive training and growth opportunities within a supportive culture that values diversity and inclusion. Located in the heart of the UK, AIG provides a competitive Total Rewards Program that prioritises your health, wellbeing, and financial security, making it an ideal place for those seeking meaningful and rewarding careers in the insurance industry.
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Contact Detail:

American International Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Major Loss Adjuster - Energy

✨Tip Number 1

Familiarise yourself with the latest trends and developments in the energy sector, particularly regarding major loss claims. This knowledge will not only help you understand the complexities of the role but also demonstrate your commitment to staying informed during interviews.

✨Tip Number 2

Network with professionals in the insurance and energy sectors. Attend industry events or join relevant online forums to connect with current Major Loss Adjusters. This can provide valuable insights into the role and may even lead to referrals.

✨Tip Number 3

Prepare for potential interview scenarios by practising your negotiation and mediation skills. Given the client-facing nature of the role, being able to effectively communicate and influence stakeholders is crucial.

✨Tip Number 4

Research AIG's company culture and values thoroughly. Understanding their commitment to collaboration and inclusion will help you align your responses during interviews, showcasing that you are a good fit for their team.

We think you need these skills to ace Major Loss Adjuster - Energy

Market Leading Specialist Knowledge in Major Loss Energy Technical Claims
Expert Policy Language Skills
Knowledge of Legal and Regulatory Requirements
Negotiation Skills
Mediation and Arbitration Skills
Experience in Conducting Technical Claims Audits
Catastrophe Management Experience
Cross-Border Claims Handling
Excellent Written and Verbal Communication Skills
Strong Presentation Skills
Ability to Deliver Technical Training
Stakeholder Management Experience
Influencing Skills
Understanding of Local Laws and Regulations

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Major Loss Adjuster in the energy sector. Familiarise yourself with the complexities of major loss claims and the specific skills required, such as negotiation and legal knowledge.

Tailor Your CV: Customise your CV to highlight relevant experience in handling major loss claims, particularly in the energy sector. Emphasise your technical skills, leadership abilities, and any experience with cross-border claims or catastrophe management.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that demonstrate your expertise in major loss energy claims and your ability to communicate effectively with stakeholders.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents are clear and professional. A polished application reflects your attention to detail, which is crucial for this role.

How to prepare for a job interview at American International Group

✨Showcase Your Technical Expertise

Make sure to highlight your market-leading knowledge in Major Loss Energy claims during the interview. Be prepared to discuss specific cases where you've successfully navigated complex claims, demonstrating your understanding of policy language and legal requirements.

✨Demonstrate Strong Communication Skills

Since this role involves considerable interaction with various stakeholders, practice articulating your thoughts clearly and confidently. Use examples from your past experiences to showcase your ability to influence and manage senior stakeholders effectively.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills in high-pressure situations. Prepare to discuss how you would handle a major loss claim, including your approach to negotiation and mediation, as well as how you would ensure compliance with local laws in cross-border claims.

✨Emphasise Your Leadership Qualities

Highlight any experience you have in delivering technical training or leading teams. Discuss how you can contribute to the development of others within the claims handling team, showcasing your ability to foster a collaborative environment.

Major Loss Adjuster - Energy
American International Group
Location: London
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