This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

The Surety Bond Claims team is currently in search of an Associate Claims Attorney/Claims Attorney to join our team in Cincinnati, OH. This position will be based in our Cincinnati office. Prior surety bond claim handling is not required. A successful candidate must have a sense of urgency to resolve claims as well as possessing organizational skills to manage and prioritize assigned claims.

Essential Job Functions and Responsibilities

• Investigates, evaluates and adjusts surety bond claims.

  • Reviews and evaluates coverage and/or liability.

  • Secure all necessary information and parties’ positions to investigate assigned claims.

  • Retains and directs approved consultants and outside counsel to assist in the investigation of claims. Manage litigation process for claims that result in litigation.  Responsible for maintaining cost controls and overseeing the work of outside counsel.

  • Determines available avenues of recovery and their cost-effectiveness; coordinates approved recovery effort.

  • Establishes and maintains timely and accurate loss reserves.

  • Prepares periodic reports and financial evaluations.

• Affects settlements/reserves within prescribed limits and submits recommendations to supervisor on cases exceeding personal authority.

• Ensures that claims payments are issued in a timely and accurate manner.

• Ensures compliance with claims handling pursuant to all state, legal, statutory, and regulatory bodies to comply with all company procedures and requirements.

• Performs other duties as assigned.

Job Requirements

• Education: JD required. Admission to a state bar is preferred.

• Field of Study: Law.

• Experience: Generally, 3+ years of related experience.

• Knowledge of construction or accounting processes is a plus.

Business Unit:

Bond

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

 

*Excludes seasonal employees and interns.