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Role Description

Manage a caseload of contract surety performance and payment claims, commercial surety and some commercial crime claim files with single bond limits of up to twenty five million dollars and aggregate exposure of up to sixty million dollars. This includes:

• Investigating and negotiating assigned claims through telephone, personal contact, including construction site visits and/or written correspondence.
• Managing outside counsel and consultants in the investigation and resolution process.
• Overseeing the company’s interest in bankruptcy proceedings and lien contests.
• Responsible for subrogation and salvage actions against the account in claim and potentially responsible parties.
• Providing feedback to underwriting on claim losses and supporting new business involving complex transactions.
• Updating policies and procedures based on trends and evolving regulatory climate.

Qualifications

• Experience in federal and state bond coverage analysis and significant large loss evaluations.
• Superior communication and strategic negotiation skills.
• Excellent presentation skills.
• Strong proficiency with standard business-related software including Microsoft Outlook, Word, Excel, and PowerPoint.
• Sufficient keyboarding proficiency to enter data accurately and efficiently; multi-State licensing.
• Valid state-issued driver’s license in good standing.

Requirements

• College degree preferred.
• Law degree strongly preferred with admission to and current good standing with at least one state bar.
• 5-10 years of surety claims handling experience with a U.S. Treasury listed surety bond writer.

Benefits

• Competitive base salary.
• Incentive plan eligibility at all levels.
• Comprehensive health care plans.
• Retirement savings plan with company match.
• Discounted Employee Stock Purchase Program.
• Tuition assistance and reimbursement programs.
• 20 days of paid time off.