Surety Claims Counsel

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Surety Claims Counsel
The candidate will be responsible for: Operate within the responsibilities and authority level established by the Executive Vice President for Claims. Independently handle claims on contract and commercial surety bonds in a timely, thorough, and professional manner. Follow established procedures, protocols and standards reflective of surety industry best practices, optimizing business results and driving continuous improvement. Select, retain, and manage outside surety claims counsel and related resources (including consultants, accountants, expert witnesses, etc.) to effectuate best possible claim outcomes. Set well-reasoned reserves and control claims-handling costs and expenses. Attend meditations, arbitrations and trials as needed and appropriate. Participate in the on-going development of the company’s surety claims-handling procedures and guidelines. Assist in the creation or revision of surety claim and/or underwriting forms and documents as may be necessary. Assist underwriters with the “front end” of surety transactions, for example by drafting indemnity, collateral, and related agreements, and/or reviewing or manuscripting bond forms, in a fast-paced environment with short turn-around times. Develop legal resource and training materials for HIIG Surety. Provide.education and training to surety underwriting (and other selected company staff) on key legal issues involving surety bonds and claims, including “lessons learned” from past surety claim experiences and outcomes. Research, analyze, and provide timely updates on legal developments in the surety field. Promote a culture of personal responsibility, accountability and open communication. Ensure fair and ethical policies and practices in all relationships and operations. Other duties that may be assigned as appropriate. Should have 3-7 years’ experience in surety bond claims handling. Prior experience, either with a law firm (with a concentration in surety and construction law), or in-house in the surety claims department of an insurance company, is required. Must have expert legal reasoning and analytical skills. Should have expert communication, listening and negotiation skills. Appropriate four-year degree from an accredited institution required. J.D. from an ABA accredited law school preferred. Must have admitted to practice law in at least one state, including maintaining a valid license and up to date on any applicable CLE requirements. State Claims Adjuster license a plus. Past or present membership in ABA/TIPS/FSLC a plus.

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