WHAT ARE THE RESPONSIBILITIES FOR THE POSITION?
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.
WHAT ARE THE QUALIFICATIONS FOR THE POSITION?
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 Connecticut or other state with reciporocity is required.
This position resides in our Gig Harbor, Washington location
WHY JOIN THE HARTFORD?
With more than 200 years of expertise, The Hartford (NYSE: HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company offers a full complement of business insurance coverages, auto and home insurance, employee benefits and a family of mutual funds to help its customers prepare for the unexpected, protect what is most important to them, and prevail in the event the unexpected happens. Headquartered in Hartford, Conn., the company has approximately 20,000 employees located throughout the country. The Hartford reported 2012 revenues of $26.4 billion.
Throughout its history, the company has delivered on its promises to agents, brokers and customers, insuring some of the nation’s most historic construction projects, such as the Golden Gate Bridge and the Hoover Dam. The Hartford has also paid claims related to some of America’s largest disasters, including the Great Chicago Fire of 1871, the San Francisco Earthquake of 1906, the September 11 terrorist attacks, and more recently, Hurricane Katrina and Storm Sandy.
More information about the company and its product offerings is available at
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The Hartford’s biggest competitive advantage is its employees. We hire a broad range of talented teammates from diverse backgrounds and cultures. We look for teammates who share our vision to be an exceptional company celebrated for financial performance, character, and customer value.
The Hartford is widely recognized for its service excellence, sustainability practices, and trust and integrity. The company has been recognized by:
as the 14
greenest company in America and No. 1 in the Financials category (2012)
Human Rights Campaign
as a 2013 Best Place to work for LGBT Equality (2012)
National Underwriter 2012 P&C Producer Survey
as the No. 2 Commercial Carrier (2012)
as a 2013 Top 100 Military Friendly Employer (2012)
Military Times Edge
as a Best for Vets” Employer (2012)
as One of the "World's Most Ethical Companies" (2008-2012)
to learn more about The Hartford’s recognition.
WHAT IS THE COMPENSATION OPPORTUNITY?
At The Hartford, our compensation philosophy is simple: we pay competitive base salaries and reward performance. In addition, you will be eligible to participate in our comprehensive benefits program including Medical, Dental, Life and Disability Insurance, a 401K Plan, an Employee Stock Purchase Plan and more.
WHAT ELSE CAN YOU TELL ME?
BACKGROUND CHECK INFORMATION:
This position requires a thorough and extensive background investigation that will check your work history, criminal history, military service if applicable, education records, and any declared licenses and certifications. The Hartford prides itself on integrity and ethics. If made an offer, employment is contingent upon a successful background check. Please ensure that all information you provide to The Hartford is complete and accurate, including information on your resume and application.
The Hartford is an Equal Employment Opportunity and Affirmative Action Employer.
The Hartford maintains a drug-free workplace.
Committed to Building Inclusion and Leveraging Diversity
** NO AGENCIES PLEASE **
P&C Claim Management
United States-Washington-Gig Harbor
Bachelor's Degree (±16 years)
Yes, 50 % of the Time
Jul 22, 2013, 7:55:29 AM
Remote Worker Option
With more than 200 years of expertise, The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. The...