Join to apply for the Senior Surety Claims Counsel role at IAT Insurance Group
We have an immediate opening for a Senior Surety Claims Counsel that can report to any IAT location. The ideal candidate can work remotely and works closely with the VP, Claims Counsel and the SVP & Chief Legal Officer. The role is a hybrid schedule from any IAT Office Monday through Wednesday (unless fully remote), with the option of working Thursday and Friday remotely.
Responsibilities
- Interacts with attorneys for claimants and owners, as well as field management staff to resolve complex claims issues and ensure cost-effective solutions.
- Drafts and negotiates the necessary documents for each situation, such as Surety Takeover and / or Completion Agreements, correspondence, reports and Exposure Analyses.
- Collaborates closely with underwriters in assigned regions.
- Reviews and analyzes work in progress schedules, costs to complete, accounts payable and receivable ledgers.
- Supervises work of outside counsel and consultants and reviews counsel and consultants' bills before submitting for approval.
- Recommends reserves.
- Manages litigation and salvage recovery actions on assigned matters.
- Analyzes payment bond claims and makes recommendations regarding payment.
- Selects, develops, motivates and trains staff to achieve objectives.
- Monitors and evaluates employee performance.
- Performs other duties as needed.
Qualifications
JD with 7+ years of relevant Surety Claims and / or Construction Law experience.Possession of an insurance adjuster license or the ability to obtain one as needed in assigned regions.Ability and willingness to travel as needed.Must be authorized to work in the United States and not require visa sponsorship now or in the future.Preferred : Supervisory experience.Compensation
The annual gross salary range for this position is $97,880 – $213,030. Total compensation includes base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities and more. Actual salaries vary based on factors such as a candidate's qualifications, skills, competencies and geographical location.
Benefits
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off.7% 401(k) Company Match and additional Profit Sharing.Hybrid work environment.Numerous training and development opportunities.Healthcare and Wellness Programs.Opportunity to earn performance-based bonuses.College Loan Assistance Support Plan.Educational Assistance Program.Mentorship Program.Dress for Your Day Policy.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
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