Claim Representative - Surety Bond Claims

Confidential Company  •  Chicago, IL

Less than 5 years experience  •  Business Services

$90K - $130K
Posted on 03/08/18
Confidential Company
Chicago, IL
Less than 5 years experience
Business Services
$90K - $130K
Posted on 03/08/18

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

 

Activities:

 

***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

Not the right job?
Join Ladders to find it.
With a free Ladders account, you can find the best jobs for you and be found by over 20,0000 recruiters.