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