Legal and Vendor Risk Management Specialist

Legal and Vendor Risk Management Specialist

• Evaluating third-party vendors to identify and mitigate potential risks
• Monitoring vendor compliance with regulatory and contractual obligations
• Collaborating with internal teams to ensure vendor controls are effective
• Drafting contract templates and customizing clauses based on project needs
• Reviewing bills submitted by law firms for reasonableness and compliance
• Auditing vendor invoices for errors, overcharges, or non-compliance
• Processing approved invoices for payment in the system
• Maintaining a daily spreadsheet reflecting amounts submitted by law firms, adjustments made, payment details, and exceptions noted
• Contributing data used to generate key performance metric reports
• Reviewing internal claim systems for claim details, communicating with claim professionals to determine prior authorization or exception approval, and researching terminology on the internet

• Law degree (JD or LL.B), Legal Management, or a related field
• Paralegal certification or equivalent training
• Strong analytical and risk assessment skills
• Computer-literate and proficient user of MS Office Suite and other applications
• Basic knowledge of using the Internet, Web Browser, Search Engine, etc.
• Good interpersonal and excellent communication skills (both written and verbal)
• Tenacity to follow-through on open items to complete assignments and meet deadlines
• Strong analytical, problem-solving, and organizational skills with the ability to prioritize and multitask in a fast-paced/time-sensitive environment
• Any experience in the BPO, financial services, and/or insurance industry is a plus
• Willingness to work on mid-shift/flexible schedules
• High attention to detail
• Ability to work independently and with minimum supervision
• Self-motivated and ability to take initiative
• Works effectively within a team to accomplish goals, takes action that respects the needs of others and those of the organization
• Plans, prioritizes, and schedules own work to ensure timely completion

• 401k matching
• Health insurance
• Flight privileges
• Volunteer Time Off and Matching Grants
• Total Rewards Program

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks