Senior Transactional Surety Claims Examiner (Hybrid)

Intact Insurance Specialty Solutions

New York (NY)

Hybrid

USD 88,000 - 124,000

Full time

6 days ago
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Benefits offered by this job

Medical, dental & vision coverage
Paid time off
401(k) with up to 12% contributions
Mental health support and life/disabil

Job summary

Intact Insurance Specialty Solutions seeks a Claims Examiner to join our Transactional Surety team on a hybrid schedule. Responsibilities include handling and resolving complex Surety Claims through investigation, evaluation and disposition, with offices in NYC, Boston, Farmington, Morristown, Blue Bell or Chicago.

The ideal candidate has a law background and 5+ years of experience with complex Surety or Performance Bond claims, including litigated claims.

Qualifications

  • Bachelor’s degree required; JD preferred.
  • Minimum 5+ years experience handling complex Surety Bond and/or Performance Bond claims.
  • Background evaluating and handling litigated claims.

Responsibilities

  • Handle and resolve complex and specialized Surety Claims through investigation, evaluation and disposition.
  • Determine coverage, prepare coverage correspondence, respond to coverage questions.
  • Determine exposure, establish reserves, and make timely adjustments.
  • Select, assign, and direct activities of internal and external resources (adjusters, appraisers, attorneys); consult SIU as needed.
  • Determine settlement value and negotiate proper settlement within authority; provide recommendations for disposition.
  • Document all relevant activity on assigned files and suggest next steps.
  • Mentor or train less experienced claim representatives.
  • Stay abreast of state license requirements and participate in continuing education.
  • Maintain professional knowledge of regulatory and legal environments and apply it.

Skills

Surety claims experience
Litigation experience
Complex claims handling

Education

Bachelor’s degree or equivalent experience
Juris Doctorate preferred

Job description

Intact Insurance Specialty Solutions seeks a Claims Examiner to join our Transactional Surety team on a hybrid schedule. Responsibilities include handling and resolving complex Surety Claims through investigation, evaluation and disposition, with offices in NYC, Boston, Farmington, Morristown, Blue Bell or Chicago.

The ideal candidate has a law background and 5+ years of experience with complex Surety or Performance Bond claims, including litigated claims.

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