The Hartford Bond Claim Representative/Sr. Bond Claim Representative in GIG HARBOR, Washington
Title: Bond Claim Representative/Sr. Bond Claim Representative
Location: United States-Washington-Seattle
Other Locations: United States-Washington-Gig Harbor
Job Number: 1702165
The Bond Claim Representative will acknowledge and conduct legal investigation and coordination of financial and construction services resources for low to moderate complex claims on Hartford bonds and fidelity policies to comply with all statutory and regulatory requirements. Travel up to 40%.
Additional responsibilities include:
Communicate with principals, obligees, insureds, claimants and others to analyze and resolve claims on Hartford fidelity and surety products.
Confirm coverage and discharge Hartford liability if appropriate.
Review proofs of loss and support documentation on fidelity/commercial claims.
Investigate payment and performance claims on construction bonds including recommendation of mitigation strategy, reporting to management and implementation of agreed strategy.
Marshal assets and pursue salvage and subrogation opportunities.
Refer litigation matters and actively manage outside litigation to achieve the most cost effective result.
Select and amend as necessary appropriate form documents to implement mitigation strategy including takeover agreements, completion contracts, and default documents from the principal and salvage agreements
BS/BA degree required
JD is required although significant (5 years) claim experience in the surety and fidelity industry may substitute for advanced degree.
Minimum 3 years claim experience in handling increasingly complex surety claims is preferred.
Excellent written and verbal communication skills.
High level of organization and the ability to work independently.
Familiarity with standard policy and contract language and ability to interpret and evaluate contract and policy language.
Claim Adjuster License in Washington or other state with reciprocity is required
*Depending on candidates experience, we may hire at a different level*
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression
Job: P&C Claim Management