Claims Examiner – Third Party Risk Analyst

  • Full Time
  • Gauteng
  • Applications have closed

Website AIG

American International Group, Inc. (AIG) is a leading international insurance organisation serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks o… read moref any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. AIG in South Africa AIG originally established operations in South Africa in 1962 with its first major insurance project for the building of the Gariep Dam. Now with offices around the country, we insure many of SA’s top businesses and government organisations, hundreds of mid-sized and smaller companies as well as ever increasing numbers of individuals. Over the past 50 years we have established an enviable reputation as a provider of innovative products with a very broad product range. We are able to leverage off international expertise in both products and people to enhance our offerings both locally and into Africa. BEE As participants in the Financial Services Charter, AIG SA is working to address previous inequities. Several years ago AIG South Africa introduced a Graduate Development programme. This is a comprehensive one year training and development programme, aimed at encouraging young black graduates to join the Insurance industry and fast-tracking them into taking over responsible positions in the business The company also contributes extensively to education and entrepreneurship in disadvantaged communities. AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. Products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Not all products and services are available in every jurisdiction, and insurance coverage is governed by actual policy language. Certain products and services may be provided by independent third parties. Insurance products may be distributed through affiliated or unaffiliated entities. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Sandown Mews West 88 Stella St Sandown 2196 JOHANNESBURG

Responsibilities:

Receive approaches from uninsured and insured third parties, acknowledge receipt.
Register and validate third party only claims.
Assess and confirm merits of the claims.
Request quantum/ outstanding documents from the third party if applicable.
Decide if claim is payable based on documentation provided.
Appoint assessor based on claim specification.
Provide updates to third party and insured/broker.
Review assessment and draft offer for third party
Negotiate fair offer with third party.
Send offer and facilitate settlement of signed offer.
Close files once settled.
Record savings on spreadsheet
Maintain relationship with assessors, other insurers and broker/insureds(Litigation)
Receive Summons and acknowledge receipt.
Verify legitimacy of claim
Review summons and decide on action.
Appoint attorney based on summon’ s specification.
Provide attorney with instruction and documents.
Follow up with attorney.
Guide attorney on acceptable offer and parameters of negotiating.
Settle attorney fees based on acceptable fee scale.
Negotiate with attorneys on fees based on settlements.
Maintain relationship with attorneys and investigators.

Skills

Negotiation Skills
Conflict resolution skills
Math Skills
Good Communication Skills
Interpersonal Skills

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Apply via company website ( https://www.aig.co.za/ ) or

 

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