Surety Remote Jobs in Virginia (NOW HIRING)

This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely.

While we prefer candidates to work from one of our IAT office locations, we are open to considering fully remote arrangements for the ideal candidate.

Responsibilities:

• Responsible for handling Management Liability Claims (EPL, D&O, Fiduciary and Crime) for Private and Non-Profit businesses based on Claim Guidelines

• Within authority limit, thoroughly analyze, investigate, negotiate and resolve all levels of severity claims

• Selects, directs and manages defense counsel including approval of budgets

• Develops litigation/file disposition strategy. Attends mediations, settlement conferences and trials

• Verifies/analyzes applicable coverage for the reported claims

• Follow operational policies and procedures, including compliance, regulatory and performance and customer service standards

• Prepare reports, including Large Loss Reports, to management which accurately reflects loss development, potential/actual financial exposure, coverage issues, claim and recovery strategies

• Establishes 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim file

• Identifies and addresses recovery/contribution/SIU opportunities

• Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines.

• Drafts correspondence, including but not limited to, coverage letters to stakeholders as required

• Support business partners on an as needed basis on various claim and underwriting related issues and marketing meetings

• Maintains resident/nonresident adjuster licenses as required

• Perform other duties as needed

Qualifications:

Must-Have:

• Juris Doctorate required

• Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working

• 3-7 years management liability claim experience, including handling employment liability practices, directors & officers' liability and fiduciary liability coverages

• Excellent coverage analysis skills with experience in drafting coverage position correspondence

• Experience handling litigated files and direction of defense counsel a plus

• Excellent negotiation skills

• Must be willing to travel, average 1 day a month.

• Claims Licensure as required by respective state(s)

• CPCU and other insurance related studies are beneficial

• Excellent oral and written communication skills

• Ability to organize, multi-task and prioritize work

• Excellent customer service and interpersonal skills

• Ability to analyze data, utilize sound judgment to draw conclusion and make supported decisions

• To qualify, applicants must be authorized to work in the United States and must note 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 status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

Compensation:

Please note, the annual gross salary range associated with this posting is $82,960 - $150,000. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit sharing opportunities and more. Actual salaries will vary based on factors such as a candidate qualifications, skills, competencies, and geographical location related to this specific role.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits