Assistant Consultant- Bond Claims

Asst Consult Claims Bond - CG07LE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Seeking an experienced surety claim handler to join the 6th largest writer of surety bonds in North America. The position requires the ability to independently conduct legal investigations and coordinate financial, construction and other services regarding moderate to highly complex claims on Hartford bonds to assure compliance with all contractual, statutory, and regulatory requirements. The position requires excellent written/verbal communication skills and the ability to work well independently and as part of a strong team.

Responsibilities

• Investigate payment, performance and commercial claims on surety bonds including proactively implementing and managing mitigation strategies, timely reporting to management and thorough population of claim files.

• Communicate with principals, obligees, claimants, indemnitors, and others to develop information to enable fair and prompt resolution of claims, mitigation opportunities and recovery efforts.

• Carefully review proofs of loss and supporting documentation on all manner of surety bond claims.

• Set accurate and timely reserves, prepare required reports to management, and communicate progress of claims investigations and implemented strategies to claim management.

• Select, manuscript and/or amend as necessary appropriate construction industry documents to discharge bond obligations and otherwise implement mitigation strategies including takeover agreements, completion contracts, tender agreements, financing agreements, intercreditor agreements and all related documents from principal, indemnitors, obligees and others.

• Timely and cost-effective management of all assigned litigation matters including evaluation of conflict waivers and pleadings and making decisions with respect to tendering or retaining counsel as the circumstances of the litigation require. Ongoing management of litigated matters to be frequently reexamined to evaluate case strategy and decisions as the litigation matures.

• Provide active management of outside legal, accounting, construction, or other professional resources to achieve best claim outcomes, including coordination with in-house professionals on scope design, budgeting and monitoring work product.

• Actively assess and pursue salvage and subrogation opportunities at the outset of and throughout all claims.

• Provide strong support and mentoring to all members of the claim team.

• Travel up to 25%

Qualifications

• Bachelor's Degree Required

• Juris Doctorate Required

• Minimum of 8 years surety claim/ construction litigation claims experience

Additional Information:

This role can be Hybrid or Remote as aligned with the Hartford's Return to Office initiative. If you live near a Hartford office location, you will work in office at least 3 days a week (Tuesday, Wednesday, and Thursday). If you are not near an office, this role will be 100% Remote, with the expectation of occasional in-office presence as business needs dictate.

As a condition of your employment, you must obtain and maintain a State Adjuster's License to process Property & Casualty Insurance Claims in the states supported by your office. Continued employment with The Hartford is contingent upon the successful passage of the Licensing exam(s) within 30 business days from the completion of the licensing training.

For full-time, occasional, part-time or remote positions: (1) high speed broadband internet service is required, we do not recommend or support DSL, wireless, Wi-Fi, Hotspots, Fiber without a modem and Satellite; (2) Internet provider supplied modem/router/gateway is hardwired to the Hartford issued computer with an ethernet cable; and (3) minimum upload/download speeds of 5Mbps/30Mbps will be required. To confirm whether your Internet system has sufficient speeds, please visit ~~~ from your personal computer.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$104,480 - $156,720

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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