Senior Surety Claims Counsel

Senior Surety Claims Counsel

IAT Insurance Group is hiring a Senior Surety Claims Counsel to work from any IAT location with hybrid schedule Monday-Wednesday in-office and optional remote Thursday-Friday. The role reports to the VP, Claims Counsel and works closely with the SVP & Chief Legal Officer.

Responsibilities

• Interact with attorneys for claimants and owners, and field management staff to resolve complex claims issues and ensure cost-effective solutions.
• Draft and negotiate documents such as Surety Takeover and / or Completion Agreements, correspondence, reports, and Exposure Analyses.
• Collaborate closely with underwriters in assigned regions.
• Review and analyze work-in-progress schedules, costs to complete, and accounts payable / receivable ledgers.
• Supervise outside counsel and consultants and review their bills before approval.
• Recommend reserves.
• Manage litigation and salvage recovery actions on assigned matters.
• Analyze payment bond claims and make recommendations regarding payment.
• Select, develop, motivate and train staff to achieve objectives.
• Monitor and evaluate employee performance.
• Perform other duties as needed.

Must-Have Qualifications

Preferred Qualifications

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.

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 may vary based on qualifications, skills, competencies, and geographic location.

Benefits

To view details of our full benefits, please visit https : / / www.iatinsurancegroup.com / careers / benefits.

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses.

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