Job Details

Surety Claims Counsel

Company name

The Hartford

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Jun 13,2019

Valid Through

Sep 26,2019

Posted on

May 22,2019

Years of Experience

Min 3 yrs required

Location

Hartford, CT, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Insurance Defense >> Insurance Defense
Litigation >> Litigation - Insurance
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Surety Claims Counsel
The candidate will communicate with principals, obligees, insureds, claimants and others to analyze and resolve claims on firm fidelity and surety products. Acknowledge and conduct legal investigation and coordination of financial and construction services resources on low to moderate complex claims on firm bonds and fidelity policies. 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. Works with more senior staff on large or complex claim situations. Self-study, reading and training, to advance development and skills. Assist management with special projects including legal research, drafting, document review and other assignments.

Qualification and Experience

The candidate must have BS/BA degree or appropriate comparable experience. J.D. is preferred although significant 5+ years claim experience in the surety industry may substitute for advanced degree is required. 3+ years claim experience in handling increasingly complex surety claims is preferred. Familiarity with standard policy and contract language and the ability to interpret and evaluate contract and policy language is needed.

Additional info

REF-1901419

Company info

Hiring Coordinator
The Hartford
One Hartford Plaza
Hartford, CT 06155

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