IAT Insurance Group
Surety Claims Counsel
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Surety Claims Counsel
role at
IAT Insurance Group .
IAT Insurance Group has an immediate need for a Surety Claims Counsel that can be located at any IAT location. The ideal candidate may work remote. This role reports to the VP, Claims Counsel and works closely with the SVP, Legal. The Surety Claims Counsel is responsible for reviewing, investigating, resolving and negotiating performance bond defaults, payment bond claims, subdivision and commercial bond claims. The position is a hybrid schedule from any IAT Office Monday through Wednesday, with the option of working Thursday and Friday remotely.
Responsibilities
Interacts with attorneys, claimants, owners and other parties, as well as field management staff to resolve claims issues and ensure cost effective solutions.
Drafts and negotiates the necessary documents for each situation, such as Surety Takeover and/or Completion Agreements, settlement agreements, releases correspondence, reports and exposure analyses.
Collaborates closely with underwriters in assigned regions.
Reviews and analyzes work in progress schedules, costs to complete, accounts payable and receivable ledgers.
Supervises work of outside counsel and consultants’ bills before submitting for approval.
Recommends reserves.
Manages litigation and salvage recovery actions.
Analyzes payment bond claims and makes recommendations regarding payment.
Selects, develops, motivates and trains staff to achieve objectives.
Maintains awareness and knowledge of developments in statutes, regulations, and case law in assigned regions.
Monitors and evaluates employee performance.
Other job‑related duties as required.
Qualifications Must Have
JD with 4+ years of relevant Surety Claims and/or Construction Law experience.
Licensed insurance adjuster or ability to obtain insurance adjuster license in assigned regions or license with reciprocity to assigned regions.
Ability to travel as needed.
All applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. We maintain a drug‑free workplace and participate in E-Verify.
Compensation The annual gross salary range for this position is $82,960 – $180,450. Compensation includes a base salary, performance‑based bonus opportunities, 401(k) match, profit‑sharing opportunities, and additional benefits. Actual salaries vary based on qualifications and location.
Benefits
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
7% 401(k) Company Match and additional Profit Sharing
Hybrid work environment
Numerous training and development opportunities to assist you in furthering your career
Healthcare and Wellness Programs
Opportunity to earn performance‑based bonuses
College Loan Assistance Support Plan
Educational Assistance Program
Mentorship Program
Dress for Your Day Policy
Additional Information To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits
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Surety Claims Counsel
role at
IAT Insurance Group .
IAT Insurance Group has an immediate need for a Surety Claims Counsel that can be located at any IAT location. The ideal candidate may work remote. This role reports to the VP, Claims Counsel and works closely with the SVP, Legal. The Surety Claims Counsel is responsible for reviewing, investigating, resolving and negotiating performance bond defaults, payment bond claims, subdivision and commercial bond claims. The position is a hybrid schedule from any IAT Office Monday through Wednesday, with the option of working Thursday and Friday remotely.
Responsibilities
Interacts with attorneys, claimants, owners and other parties, as well as field management staff to resolve claims issues and ensure cost effective solutions.
Drafts and negotiates the necessary documents for each situation, such as Surety Takeover and/or Completion Agreements, settlement agreements, releases correspondence, reports and exposure analyses.
Collaborates closely with underwriters in assigned regions.
Reviews and analyzes work in progress schedules, costs to complete, accounts payable and receivable ledgers.
Supervises work of outside counsel and consultants’ bills before submitting for approval.
Recommends reserves.
Manages litigation and salvage recovery actions.
Analyzes payment bond claims and makes recommendations regarding payment.
Selects, develops, motivates and trains staff to achieve objectives.
Maintains awareness and knowledge of developments in statutes, regulations, and case law in assigned regions.
Monitors and evaluates employee performance.
Other job‑related duties as required.
Qualifications Must Have
JD with 4+ years of relevant Surety Claims and/or Construction Law experience.
Licensed insurance adjuster or ability to obtain insurance adjuster license in assigned regions or license with reciprocity to assigned regions.
Ability to travel as needed.
All applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. We maintain a drug‑free workplace and participate in E-Verify.
Compensation The annual gross salary range for this position is $82,960 – $180,450. Compensation includes a base salary, performance‑based bonus opportunities, 401(k) match, profit‑sharing opportunities, and additional benefits. Actual salaries vary based on qualifications and location.
Benefits
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
7% 401(k) Company Match and additional Profit Sharing
Hybrid work environment
Numerous training and development opportunities to assist you in furthering your career
Healthcare and Wellness Programs
Opportunity to earn performance‑based bonuses
College Loan Assistance Support Plan
Educational Assistance Program
Mentorship Program
Dress for Your Day Policy
Additional Information To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits
#J-18808-Ljbffr