AIG · 1 day ago
Claims Law Firm Junior Analyst
AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Claims Law Firm Junior Analyst. The role involves supporting the contracting of claims Law Firms, engaging in due diligence, issuing contract documentation, and assisting in commercial negotiations.
BankingFinancial ServicesInsurance
Responsibilities
Participate in end to end acquisition of smaller Law Firms with an annual spend of less than $500K for Insurance Claims processing and adjudication commodities. This shall include
Negotiate commercial contracts from AIG’s Law Firm contract template
Participate and lead Law Firm pricing negotiations
Document and summarize the agreed commercial terms accurately; and
Collect and store all required due diligence documentation in line with the team’s standard operating process
Support Claims Law Firm Managers with spend data analysis, data queries, and reporting, which support line of business Law Firm strategies or complex / high value Law Firm negotiations
Documentation and website updates, keeping business facing documents / webpages which reflect AIG’s commercial positions with Law Firms accurate and current
Follow legal guidance and other support groups to ensure completion of acceptable contracts
Perform other ad hoc assignments to enable AIG to more cost-effectively procure services; and
Monitoring and responding to inquiries received by stakeholders and Law Firms in team’s inbox
Qualification
Required
1+ years of legal, insurance or financial services industry required
Bachelor's degree in Business or related field and/or equivalent combination of experience
Experience working with commercial negotiations and drafting contract
Strong critical thinking and analytical reasoning (quantitative and qualitative) that can be applied in a problem-solving scenario
Strong organizational, customer service, leadership/influencing and negotiation skills
Ability to perform complex data analysis, report on spend analysis, KPI's, savings, trends, etc
Excellent communication skills (verbal, written, presentation)
Proficiency in MS Excel (advanced formulas, pivot tables, etc, MS Word, PowerPoint, and MS Outlook
Benefits
Total Rewards Program
Health, wellbeing and financial security
Professional development
Company
AIG
AIG is a global insurance company providing insurance products to support clients in business and in life.
Funding
Current Stage
Late StageLeadership Team
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