Senior Claims Representative/Specialist - Bond Division
Core
Investigate, evaluate, and adjust surety bond claims, manage litigation, and establish loss reserves for commercial and contract bonding solutions.
Role type
Senior Claims Representative/Specialist (Surety Bond)
Builds
Claims resolutions and financial evaluations for the Bond Division
Domain
Insurance (Surety/Property & Casualty)
Deliverable
client delivery
Required skills
Claims investigation, liability evaluation, litigation management, loss reserve establishment, settlement negotiation, regulatory compliance, cost control, outside counsel management
Preferred skills
Construction knowledge, legal processes, accounting processes, JD/MBA/CPA/paralegal background
Technologies
None stated
Responsibilities
Investigate and adjust surety bond claims; Review and evaluate coverage and liability; Retain and direct consultants and outside counsel; Manage litigation process; Determine recovery avenues; Establish loss reserves; Prepare financial reports; Affect settlements within limits; Ensure timely claims payments; Ensure regulatory compliance
Seniority
Senior, hands-on IC