Claims Consultant - Surety (Hybrid or Remote)

Overview

Claims Consultant - Surety (Hybrid or Remote) role at Intact Insurance Specialty Solutions. Location options include Chicago, IL; New York City, NY; Farmington, CT; Boston, MA; Morristown, NJ or Blue Bell, PA on a hybrid schedule or remote in the United States.

Responsibilities

• Makes timely and appropriate contacts and completes investigation to determine coverage, liability and damages for very complex and specialized claims.
• Determines coverage, drafts coverage correspondence, and responds to coverage questions raised by insureds and others.
• Determines exposure, establishes adequate reserves and makes timely adjustments as required.
• Directs activities of internal and external resources (e.g., independent adjusters, appraisers, attorneys); identifies questionable claims and consults with SIU as appropriate.
• Determines settlement value of the loss and negotiates settlements within authority; provides recommendations for settlements and disposition of claims exceeding authority.
• Documents all relevant activity on assigned files and suggests additional activity as needed.
• Communicates with underwriting partners regarding claims trends and legal climate; provides expertise on coverage changes or enhancements as requested.
• Maintains current knowledge of regulatory and legal environments and applies it effectively; stays abreast of state license requirements and participates in continuing education as required.
• Coaches or trains less experienced claim representatives; develops and leads technical training and provides guidance to other departments as needed.

The expertise you bring

Compensation and Benefits

Typical base salary range for this position is $119,000 – $157,000, with adjustments for location and experience. For candidates in San Francisco, CA and the NYC metro area, the range is $138,000 - $161,000. In addition to base salary, full-time employees are eligible for bonus potential and a comprehensive benefits package including :

This position will remain posted until a final candidate is selected. Once filled, the posting will be removed.

Why Intact

About Intact

Intact Insurance Specialty Solutions is focused on protecting what makes businesses unique with deep understanding of the specialty insurance market and customized solutions backed by risk control and claims services.

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