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Posted: Wednesday, November 8, 2017 8:56 PM

Position Description:

Claims and Legal Sourcing, Global Sourcing and Procurement Services

This person will be reporting into the Global Director Claims and Legal Sourcing. There will be 25% travel between the offices in Manhattan, NY and Berkeley Heights, NJ.


Position Description:

This person shall be responsible for the following activities:

  • Develop sourcing strategies in collaboration with internal Claims leadership with resulting cost reductions in LAE reductions as well as Indemnity based savings, cost avoidance and contract terms that limit risk to AIG.
  • Establish and maintain strong relationships with key business units to understand procurement requirements and pipeline of procurement related work.
  • Work with Claims leadership and AIG claims handlers to understand the claims business area, and the cost drivers that result in AIG’s claims total cost.
  • Work as project manager for vendor initiatives for claims stakeholder, pulling together clear project outlines and updates.
  • Perform complex cost benefit and financial analysis and identifies and supports quality improvement initiatives.
  • Responsible for the End to End acquisition of suppliers for Insurance Claims processing and adjudication commodities (accounting services, auto repair, auto rental, claims adjusting, construction consulting, engineering services, key point garages, special investigation services, etc.) including negotiation and contract documentation.
  • Standardize processes, policy & practices consistent with Corporate Sourcing to institutionalize procurement best practice. To include standardized contracts, process, and systems; vendor selection criteria, vendor due diligence requirements, performance criteria; and management reporting.
  • Work with the Legal department and other support groups to ensure completion of acceptable contracts
  • Work with and utilize the model of off-shore sourcing support within AIG.
  • Promote use of preferred vendors to promote greater standardization, improved compliance, risk mitigation and leverage of purchasing power to increase cost savings.
  • Communicate marketplace intelligence relative to vendor capabilities, market pricing, conditions and trends, innovations, to help guide AIG claims teams to optimal use of vendors.
  • Perform other ad hoc assignments to enable the Company to more cost-effectively procure Services.


Position Requirements:

Position Requirements

This person shall have the following skills and experience:

  • Ability to amend templated documents which describe negotiated and agreed business terms with third party vendors. Work with legal counsel in drafting final vendor agreements.
  • Knowledge of procurement exercises and issuing RFIs, RFPs and overseeing Ariba (or equivalent) vendor auctions.
  • Ability to develop category knowledge around the claims area
  • Excellent internal and external negotiation skills.
  • Strong customer service orientation including demonstrated issue resolution and relationship management skills.
  • Strong MS Excel skills and capability of dealing with large data sets.
  • Presenting skills and well versed in pulling together documentation for distribution and discussion.
  • Self-starter with ability to handle multiple tasks at the same time.
  • Strong communicator with excellent influencing and relationship management skills with business leaders, internal clients and vendor community, ideally with proven experience supporting projects across multiple countries or regions.

Minimum Experience / Qualifications:

  • Bachelor’s Degree or higher
  • Minimum 5 years of prior experience in Sourcing
  • Experience for Consumer (personal) and/or Commercial insurance Claims services
  • Significant experience and expertise with a track record for leading strategic sourcing processes, negotiating and contracting services


About Us:

American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Join our Talent Network at www.aig.com/talentnetwork. Additional information about AIG can be found at www.aig.com and www.aig.com/strategyupdate | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.


Notice Text:


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• Location: Manhattan

• Post ID: 142847452 newyork
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