Claim Representative - Surety Bond Claims


Chicago, IL

Industry: Business Services


Less than 5 years

Posted 282 days ago

This job is no longer available.

Seeking Claim Representative for Bond Division to investigate, manage, and resolve surety bond claims.




***Investigate and resolve claims made against a variety of surety bonds.


*** Review and evaluate coverage and liability.


***Investigate claims using relevant reports, credit or financialreports, bond forms, agreements, releases, statements, or other documents.


*** Retain and direct approved consultants and outside counsel.


*** Manage litigation, including establishing a budget, maintaining cost controls, overseeing the work of outside counsel, developing litigation strategy in consultation with counsel, and attending mediations, arbitrations, and settlement conferences as needed.


*** Establish and maintain timely and appropriate loss reserves and expense budgets.


*** Determine available avenues of recovery and their cost-effectiveness and coordinate approved recovery efforts.


*** Ensure claims payments are issued in a timely and accurate manner.


*** Prepare periodic claimsreports as required.


Company offers training programs, full family paid medical, three weeks paid vacation, tuition reimbursement, Pension 401(k) with company match, and much much more!


Please reference #37774186 when responding.Education Requirements: Bachelor DegreeMinimum Experience Requirements: 2-5 yearsJob City Location: ChicagoJob State Location: ILJob Country Location: USA

$90K - $130K