Senior Surety Claims Counsel

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IAT Insurance Group has an immediate opening for a Senior Surety Claims Counsel that can report to any IAT location. The role can work remote or hybrid with the option to work from any IAT office Monday through Wednesday. This role reports to the VP, Claims Counsel and works closely with the SVP & Chief Legal Officer.

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

Must-Have :

Preferred :

Compensation

Please note, that the annual gross salary range associated with this posting is $97,880 – $213,030. The total compensation will include a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role.

Benefits

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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