Senior AVP Claims – Complex Surety & Subrogation

Berkley Surety (a Berkley Company); Chicago (IL); On-site; USD 150,000 - 175,000; Full time

Job summary

Berkley Surety, a Berkley Company, is a professional surety underwriting management firm providing a full spectrum of bonds for contract, environmental, and commercial surety accounts through multiple channels in the United States and Canada.

The role focuses on prompt resolution of claims, supervision and coaching of team members, and collaboration with underwriting to assess risks and drive favorable outcomes for the company and its agents.

Qualifications

• Minimum 10 years experience in the surety, legal or construction business with at least nine years of progressively increasing responsibility in handling surety or commercial construction claims.
• Strong knowledge of complex contract and commercial surety claims and ability to think strategically and practically across jurisdictions.
• Licensing requirements (CE/CLE) and ability to supervise and mentor staff

Responsibilities

• Resolve claims promptly to minimize exposure and maximize recoveries.
• Review bond coverage and assess positions with bond terms and applicable law.
• Independently investigate claims, assessing claimant and principal positions.
• Set and maintain reserves in consultation with management.
• Develop and execute strategies for resolution to mitigate losses.
• Mentor junior staff and assist with department administration and reporting.
• Assist underwriting with technical claims input as needed.

Skills

Claims knowledge

Independent management

Negotiation skills

Mentoring leadership

Communication skills

Education

JD preferred

MBA or CPCU preferred

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

Berkley Surety, a Berkley Company, is a professional surety underwriting management firm providing a full spectrum of bonds for contract, environmental, and commercial surety accounts through multiple channels in the United States and Canada.

The role focuses on prompt resolution of claims, supervision and coaching of team members, and collaboration with underwriting to assess risks and drive favorable outcomes for the company and its agents.