At a Glance
- Tasks: Manage claims oversight and performance, ensuring compliance and identifying improvement opportunities.
- Company: AIG is a global leader in insurance, dedicated to innovative risk management solutions.
- Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
- Why this job: Join a collaborative culture that values inclusion and celebrates your unique talents.
- Qualifications: Strong technical skills in insurance or legal backgrounds; expertise in Casualty claims preferred.
- Other info: AIG promotes in-person collaboration for a supportive work environment.
The predicted salary is between 43200 - 72000 £ per year.
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Delegated Authority Claims Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Claims!
Our Claims teams are the proven problem solvers of choice for clients, delivering consistent technical excellence and showcasing our service differentiation to create an unparalleled global claims handling experience. Through a robust stakeholder feedback loop and supported by consistent processes and leadership, we take pride in delivering responsive, fair and professional service with empathy and efficiency.
About the role
Reporting into the UK Head of Casualty claims, the role will be a key member of the management team and provide support to all claims LoB. The role will primarily be responsible for oversight and management of claims TPAs with delegated authority. This is a technical role supporting with oversight of TPAs post the ‘on-boarding’ process, to monitor the cost and outcomes of claims and identify opportunities for improvement or remediation. The role will work in close collaboration with the UK Head of Claims Operations, the Claims TPA Governance Manager and their respective governance and operations teams.
How you will create an impact
- Management of the oversight of TPA with delegated claims authority, their performance, claims outcomes and adherence to contractual requirements.
- Analytical focused and detail orientated, perform regular trend analysis of the claims MI to measure and benchmark TPA performance and particularly claims outcomes.
- Support in the early detection of high value claims likely to breach the agreed delegated authority, monitoring of aggregates and adequacy of loss funds (including lapsed and ‘run-off’ accounts).
- Manage remediation of any exceptions and working closely with key stakeholders as appropriate.
- Full oversight of the claims bordereau processing activity performed by the global payment & processing teams including oversight of the BDX and financial reconciliation process to ensure there remains alignment between the claims bordereau, any applicable loss fund, reserves and claim payments.
- Provide key monthly claims metric reporting.
- Ensure adherence to regulatory requirements including, but not limited to, Consumer Duty, Operation Resilience and Business Continuity and working closely with key stakeholders.
- Full understanding of the TPA on-boarding process, due diligence & contractual requirements. On occasions support the on-boarding process.
What you’ll need to succeed
- Strong technical and operational skills gained in an insurer or legal background.
- A technical expert in Casualty EL/GL claims, Motor and knowledge of one or more commercial LoBs advantageous.
- Excellent communication skills with the ability to influence stakeholders across all levels including senior management.
- Superior knowledge of Microsoft Excel & Power BI is essential.
- Strong financial acumen and intuition with the ability to handle large and complex issues/data.
Ready to take the next step in your career? We’d love to hear 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.
Welcome to a culture of inclusion
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 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.
Delegated Authority Claims Manager employer: AIG
Contact Detail:
AIG Recruiting Team
candidatecare@aig.com
StudySmarter Expert Advice 🤫
We think this is how you could land Delegated Authority Claims Manager
✨Tip Number 1
Familiarise yourself with the latest trends in claims management, particularly in delegated authority. Understanding the nuances of TPA performance and how to analyse claims outcomes will give you an edge during discussions.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience in casualty claims. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your Excel and Power BI skills, as these are essential for the role. Consider taking a short course or tutorial to enhance your proficiency, which will demonstrate your commitment to the position.
✨Tip Number 4
Prepare to discuss your experience with stakeholder management and how you've influenced decisions in previous roles. This will showcase your communication skills and ability to work collaboratively, which are crucial for this position.
We think you need these skills to ace Delegated Authority Claims Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in claims management, particularly in delegated authority and technical roles. Use specific examples that demonstrate your analytical skills and operational expertise.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at AIG and how your background aligns with their mission to manage risk. Mention your strong communication skills and ability to influence stakeholders, as these are key for the position.
Highlight Technical Skills: Emphasise your proficiency in Microsoft Excel and Power BI, as well as your knowledge of Casualty EL/GL claims. Providing examples of how you've used these tools in previous roles can strengthen your application.
Showcase Your Understanding of Regulatory Requirements: Demonstrate your knowledge of regulatory requirements such as Consumer Duty and Business Continuity in your application. This shows that you are not only technically skilled but also aware of the broader context in which AIG operates.
How to prepare for a job interview at AIG
✨Showcase Your Technical Expertise
As a Delegated Authority Claims Manager, it's crucial to demonstrate your strong technical and operational skills. Be prepared to discuss your experience with Casualty EL/GL claims and any relevant commercial lines of business. Highlight specific examples where you've successfully managed claims or improved processes.
✨Prepare for Stakeholder Engagement
Excellent communication skills are key in this role. Think about how you can influence stakeholders at all levels, including senior management. Prepare examples of past experiences where you've effectively communicated complex information or resolved conflicts.
✨Demonstrate Analytical Skills
This position requires a detail-oriented approach and strong analytical skills. Be ready to discuss how you've performed trend analysis in previous roles. Bring examples of how your analytical insights led to improved claims outcomes or operational efficiencies.
✨Familiarise Yourself with Regulatory Requirements
Understanding regulatory requirements is essential for this role. Brush up on Consumer Duty, Operational Resilience, and Business Continuity. Be prepared to discuss how you've ensured compliance in past positions and how you would approach these responsibilities in the new role.