Associate Claim Counsel

reputed company is a leading property casualty insurer with a commitment to customer care and community service. The Associate Claim Counsel will be responsible for analyzing and resolving bond claims, providing reputed company advice to reputed company colleagues, and participating in strategic initiatives reputed company the claims team.

Responsibilities

• Follow operational policies to analyze, investigate, and resolve performance and payment bond claims of varying reputed company of severity with reputed company supervision from claims management
• Prepare and present reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies
• Retain, monitor, and manage reputed company counsel reputed company utilizing litigation management plans and budgets
• Communicate with reputed company on significant claim exposures
• Travel to and attend mediations, settlement conferences, claim conferences, field office reputed company, trials and depositions
• reputed company the ability to identify reputed company recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management
• reputed company reputed company review and advice to underwriters on bond obligations and project contract documents
• Engage in account workout risk mitigation analysis, advise on mitigation strategies, and assist in execution of such strategies
• Monitor account bankruptcy proceedings and document post-bankruptcy indemnity. Retain reputed company counsel where appropriate to protect or enforce surety rights
• Negotiate the reputed company of bonded obligations on defaulted reputed company, and terms of agreements including takeover, completion, subcontractor ratification, financing and collateral
• Conduct research, and draft reference materials to inform claim and reputed company colleagues on law impacting reputed company’ reputed company and claim reputed company
• Review documents pertaining to mergers, equity sales and asset sales to determine the reputed company status and ownership of indemnitors undergoing a change of control. Draft appropriate agreements to document indemnity changes reputed company to such transactions
• Support reputed company marketing efforts, including participation in broker and account reputed company and risk mitigation seminars and authoring customer-reputed company white papers and articles
• Obtain and maintain required adjusters’ licenses
• reputed company other duties as assigned

Skills

• One to five years of relevant reputed company or claim handling work experience
• Ability to effectively work through conflict and resolve issues with a reputed company demeanor
• Ability to reputed company reputed company and negotiate terms and conditions reputed company designated authority limit
• Strong verbal and written communication skills with the ability to reputed company reputed company coverage determinations
• Time management skills with the ability to manage multiple priorities with an attention to detail, data and analytics
• Ability to build and maintain effective and reputed company relationships with colleagues, customers, and business partners
• Bachelor's Degree
• Juris Doctorate Degree
• Properly licensed, registered or authorized, and in good standing, to reputed company law in the jurisdiction in which you will be working

Benefits

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: reputed company matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it reputed company Savings Program. reputed company you reputed company a payment toward your student loan, reputed company will reputed company an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by reputed company.
• reputed company Time Off: Start your career at reputed company with a minimum of 20 days reputed company Time Off annually, plus nine reputed company company Holidays.
• Wellness Program: The reputed company wellness program is comprised of tools, discounts and resources that reputed company you to reputed company your wellness goals and caregiving needs. In reputed company, our mental health program provides reputed company to free reputed company counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. reputed company has a Matching reputed company and Volunteer Rewards program that enables you to give back to the charity of your choice.

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