Assistant Consultant- Bond Claims

Asst Consult Claims Bond - CG07LE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Seeking an experienced surety claim handler to join the 6th largest writer of surety bonds in North America. The position requires the ability to independently conduct legal investigations and coordinate financial, construction and other services regarding moderate to highly complex claims on Hartford bonds to assure compliance with all contractual, statutory, and regulatory requirements. The position requires excellent written/verbal communication skills and the ability to work well independently and as part of a strong team.

• Investigate payment, performance and commercial claims on surety bonds including proactively implementing and managing mitigation strategies, timely reporting to management and thorough population of claim files.
• Communicate with principals, obligees, claimants, indemnitors, and others to develop information to enable fair and prompt resolution of claims, mitigation opportunities and recovery efforts.
• Carefully review proofs of loss and supporting documentation on all manner of surety bond claims.
• Set accurate and timely reserves, prepare required reports to management, and communicate progress of claims investigations and implemented strategies to claim management.
• Select, manuscript and/or amend as necessary appropriate construction industry documents to discharge bond obligations and otherwise implement mitigation strategies including takeover agreements, completion contracts, tender agreements, financing agreements, intercreditor agreements and all related documents from principal, indemnitors, obligees and others.
• Timely and cost-effective management of all assigned litigation matters including evaluation of conflict waivers and pleadings and making decisions with respect to tendering or retaining counsel as the circumstances of the litigation require. Ongoing management of litigated matters to be frequently reexamined to evaluate case strategy and decisions as the litigation matures.
• Provide active management of outside legal, accounting, construction, or other professional resources to achieve best claim outcomes, including coordination with in-house professionals on scope design, budgeting and monitoring work product.
• Actively assess and pursue salvage and subrogation opportunities at the outset of and throughout all claims.
• Provide strong support and mentoring to all members of the claim team.
• Travel up to 25%

• Bachelor's Degree Required
• Juris Doctorate Required
• Minimum of 8 years surety claim/ construction litigation claims experience