Associate Vice President, Surety Claims Greater Cincinnati, OH Area
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About the Role
Greater Cincinnati, OH Area (Hybrid - Headquarter location)(Cincinnati, Ohio)
The Company is seeking an Associate Vice President for Surety Claims. The successful candidate will be responsible for establishing and overseeing the Surety Claims department, ensuring compliance with claim handling principles, and managing all aspects of surety claims, including coverage, investigation, liability, damages, evaluation, resolution, and recovery. This role also involves setting and achieving subrogation and recovery goals, coaching and developing direct reports, and acting as the claims contact for reinsurance placements. The ideal candidate will have a college degree, with a J.D. preferred, and a minimum of 10 years of experience in the legal or surety profession, specifically in surety claims handling and litigation. Applicants for the Associate Vice President, Surety Claims position at the company should possess a comprehensive understanding of the surety industry, state and federal laws related to surety claims, and bond language/coverage. Technical skills required include a good working knowledge of MS Office, Excel, and experience with an electronic claim system. The role demands strong communication, leadership, and negotiation skills, as well as the ability to simplify, analyze, and explain complex issues. The candidate must be adept at managing time, projects, and meeting deadlines, and be proactive in expanding market and industry awareness. The position also requires the ability to travel and a commitment to upholding the company's policies and practices.
Functions:
- Operations
- Legal
About the Company
Dynamic insurance company specializing in property, casualty & marine products for small to mid-sized businesses
Industry
Insurance
Type
Privately Held, Private Equity-backed
Age
employees
1001-5000
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