Financial Lines Major Loss Adjuster (D&O)

Financial Lines Major Loss Adjuster (D&O)

Full-Time 60000 - 80000 € / year (est.) No home office possible
AIG

At a Glance

  • Tasks: Handle high-profile D&O claims and build strong relationships with stakeholders.
  • Company: Join AIG, a leader in global claims handling with a supportive culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Opportunity for career growth in a dynamic, collaborative environment.
  • Why this job: Make a real impact in the insurance industry while advancing your career.
  • Qualifications: Significant experience in Commercial D&O claims and strong communication skills.

The predicted salary is between 60000 - 80000 € per year.

Join us as a Major Loss Commercial D&O Claims Adjuster, handling some of the largest and highest profile claims in the London market.

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.

How You Will Create An Impact

Focused on Commercial D&O within the Financial Lines Claims team, this role is an ideal opportunity for an experienced adjuster to take a prominent role in handling large and highly complex claims, typically as lead and/or on the primary and with an international dimension. The aim is to deal with genuine claims through a proactive, best practice approach, in line with AIG's quality standards - you will actively promote and demonstrate the principles of 'Treating Customers Fairly' in claims handling.

You will also proactively identify and review suspect/fraudulent claims on a consistent basis – dealing with such claims in line with our clear guidelines. Your work will involve regular contact with internal stakeholders and brokers, experts, and external lawyers. We want you to build effective relationships with internal and external customers, while acting as a senior point of referral and advising management on significant exposures.

You will have the opportunity to grow your experience by providing support to Team Managers and deputising in their absence. For example, you will assist with monitoring market/industry practices in claims handling. In addition, you can use the claims experience you gain to help improve our products in collaboration with colleagues in underwriting.

What You’ll Need To Succeed

  • Significant Commercial D&O claims experience, either in the insurance market or in private practice as a lawyer.
  • The ability to lead a market, with a track record of handling high value claims, particularly on the primary.
  • Detailed knowledge of legal / regulatory and litigation / procedural requirements / technical claims topics for Financial Lines.
  • Experience of FI PI/D&O and W&I claims would be desirable but not essential.
  • Experience in negotiation, mediation, and arbitration.
  • Policy language skills enabling accurate and consistent policy wording interpretation.
  • Lateral thinking and the ability to problem solve and develop new ideas to improve working practices.
  • Strong communication, time management, administrative and report-writing skills.

Ready to accelerate your career? We would 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.

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.

Financial Lines Major Loss Adjuster (D&O) employer: AIG

At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where collaboration and professional growth are at the forefront of our culture. Our comprehensive Total Rewards Program ensures that our employees' health, wellbeing, and financial security are prioritised, while our commitment to diversity and inclusion fosters a supportive atmosphere for all. Join us to handle high-profile D&O claims and take your career to new heights with opportunities for development and leadership within a globally recognised team.

AIG

Contact Detail:

AIG Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Lines Major Loss Adjuster (D&O)

Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.

Tip Number 2

Prepare for interviews by researching the company and the role inside out. We want you to be able to discuss how your experience aligns with their needs, especially in handling complex D&O claims. Show them you’re the perfect fit!

Tip Number 3

Practice your negotiation skills! As a Major Loss Adjuster, you’ll need to demonstrate your ability to handle high-value claims effectively. Role-play scenarios with friends or mentors to build confidence and refine your approach.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team. Let’s make it happen together!

We think you need these skills to ace Financial Lines Major Loss Adjuster (D&O)

Commercial D&O Claims Experience
High Value Claims Handling
Legal Knowledge
Regulatory Compliance
Litigation Procedures
Negotiation Skills
Mediation Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the role of Major Loss Commercial D&O Claims Adjuster. Highlight your relevant experience in handling high-value claims and any specific skills that match the job description. We want to see how you can make an impact!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share your passion for claims handling and how your background aligns with our values at AIG. Remember, we love a good story!

Showcase Your Problem-Solving Skills:In your application, don’t forget to highlight your lateral thinking and problem-solving abilities. Give examples of how you've tackled complex claims in the past. We’re looking for those proven problem solvers who can handle the heat!

Apply Through Our Website:We encourage you to apply through our website for a seamless application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!

How to prepare for a job interview at AIG

Know Your Claims Inside Out

Make sure you brush up on your knowledge of Commercial D&O claims, especially the high-value ones. Be prepared to discuss specific cases you've handled and how you approached them. This will show your expertise and confidence in dealing with complex claims.

Showcase Your Problem-Solving Skills

During the interview, highlight instances where you've had to think outside the box to resolve issues. Discuss your lateral thinking abilities and how you've improved working practices in previous roles. This is crucial for a role that requires proactive claims handling.

Build Rapport with Stakeholders

Since this role involves regular contact with internal stakeholders and external parties, demonstrate your communication skills. Share examples of how you've successfully built relationships in the past, as this will be key to your success in the position.

Prepare for Technical Questions

Expect questions about legal and regulatory requirements related to Financial Lines claims. Brush up on your policy language skills and be ready to interpret policy wording accurately. This will show that you're not just experienced but also technically proficient.