San Simeon, California
San Simeon, California
Saint Paul, Minnesota
Brookline, Massachusetts
Des Moines, Iowa
Posted: 22-May-23
Location: New York , New York
Type: Full Time
Categories:
Preferred Education:
Additional Information:
Internal Number: JR2300470
Assistant General Counsel - Bad Faith Litigation
AIG’s Global Legal, Compliance, Regulatory and Government Affairs (GLCR) department is comprised of attorneys and other professionals providing high-quality advisory and transactional support with integrity and objectivity across all parts of the organization. The team ensures an operating environment that minimizes legal, regulatory and reputational risks, complies with all laws and regulations, and enforces AIG policies?and?procedures.
This is a global, diverse and award-winning team that has been recognized for its leadership and innovative solutions. You will also be eligible to participate in AIG’s award-winning pro bono program.
AIG’s GLCR department is looking for an experienced attorney to serve as Associate General Counsel managing bad faith litigation and providing advice to AIG’s claims organization. ?
This position will be based out of the New York, NY office.
Job Description:
The primary purpose of the position is to manage an active litigation docket consisting of bad faith and extra-contractual matters arising from the handling of claims under casualty, financial lines, property and specialty policies issued to commercial and personal lines insureds. The attorney will also be responsible for providing timely advice to claim handlers in order to avoid and/or mitigate extra-contractual exposures.
- Manage an active litigation docket consisting of bad faith and extra contractual matters;
- Develop resolution strategies and make recommendations to senior management;
- Direct and supervise outside counsel with respect to the implementation of litigation strategies;
- Ensure that high-quality written work product is filed on behalf of the AIG member insurance companies;
- Collaborate with business partners in the claims organization on strategic decisions and provide timely advice to claim handlers in order to prevent and/or mitigate bad faith exposure;
- Prepare and conduct regularly scheduled training presentations to claim handlers.
To succeed in this position, the successful candidate must possess the following skills:
- Strong initiative and work ethic;
- Focused attention to detail and honed analytical skills;
- Superior oral and written communication skills;
- Strong interpersonal skills;
- Ability to be a self-starter and work independently;
- Flexibility and a willingness to adapt to changing needs of the organization and/or business clients;
- Excellent organizational and time management skills, including the ability to manage competing priorities in a fast-paced environment;
- Ability to deliver creative and well-reasoned plans to resolve challenges and to execute on such plans;
- Ability to thrive in an environment where coordination and teamwork is a priority while also being committed to individual accountability and results;
- Willingness to be mentored and trained to meet the needs of the organization; and
- Sound legal and business judgment.
Veterans are encouraged to apply.
The base salary range for this position is $130,000.00 - $164,000.00, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.
Education/Experience:
- Attorney with at least 6 (six) years of law firm and/or in-house experience strongly preferred;
- Heavy experience in commercial insurance Bad Faith litigation is required, coverage litigation experience is also preferred;
- In-house experience and claims handling experience useful but not required;
- J.D. from an accredited law school and strong academic credentials;
- Admitted to practice in at least one state.
- Minimal travel (up to 15-20%).
