Senior Surety Claims Counsel

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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

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

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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