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 the law firm, adjustments made, payment details, and exceptions noted
• Contributing data used to generate key performance metric reports identifying trends to be communicated to law firms, vendors, and legal audit teams or claim professionals
• 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
• Passing the Bar is not required

• 401k matching
• Health insurance
• Flight privileges

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