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Senior Claims Representative, Bond Division
CiscoSenior Claims Representative/Specialist investigating and adjusting surety bond claims for Great American Insurance Group in Cincinnati, OH. Overseeing litigation and ensuring claims compliance with state and legal requirements.
About the role
Key responsibilities & impact- Investigates, evaluates and adjusts surety bond claims
- Reviews and evaluates coverage and/or liability
- Secures all necessary information and parties’ positions to investigate assigned claims
- Retains and directs approved consultants and outside counsel to assist in the investigation of claims
- Manages litigation process for claims that result in litigation
- Responsible for maintaining cost controls and overseeing the work of outside counsel
- Determines available avenues of recovery and their cost-effectiveness; coordinates approved recovery effort
- Establishes and maintains timely and accurate loss reserves
- Prepares periodic reports and financial evaluations
- Affects settlements/reserves within prescribed limits and submits recommendations to supervisor on cases exceeding personal authority
- Ensures that claims payments are issued in a timely and accurate manner
- Ensures compliance with claims handling pursuant to all state, legal, statutory, and regulatory bodies to comply with all company procedures and requirements
Requirements
What you’ll need- Bachelor’s Degree or equivalent experience
- 5+ years of related experience
- Knowledge of construction, legal, and accounting processes is a plus
Benefits
Comp & perks- competitive benefits packages for full-time and part-time employees*
- Full-time employees have access to medical, dental, and vision coverage
- wellness plans
- parental leave
- adoption assistance
- tuition reimbursement
- Paid Time Off and paid holidays
- 401(k) plan with company match
- employee stock purchase plan
- commuter benefits
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
claims investigationcoverage evaluationliability assessmentlitigation managementcost controlloss reserves managementfinancial evaluationsettlement negotiationregulatory compliance
Soft Skills
communicationorganizationalanalyticalproblem-solvingnegotiation
Certifications
Bachelor’s Degree