Surety Claims Counsel

Posted 4 Days Ago
Be an Early Applicant
Farmington Hills, MI, USA
In-Office
Mid level
Insurance
The Role
Provide legal support for surety payment and commercial bond claims, investigate liability and exposure, collaborate with underwriters and stakeholders, develop claims procedures and reporting, manage external counsel, establish reserves, and support system development and underwriting review.
Summary Generated by Built In

Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure’s promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best “A” (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus.

We are recruiting for a Surety Claims Counsel to join our team in Farmington Hills, MI.  This role will be hybrid, working 3 days a week in the office and 2 from home.   

Position Summary:

This role supports the development and ongoing operations of the Surety Claims function within Amerisure’s Surety line of business. The position is responsible for handling payment and commercial bond claims while assisting in the establishment of claims procedures, processes, and systems. The role also provides underwriting support through bond, contract, and case law review, and contributes to drafting and analysis to support both claims and underwriting activities.

Responsibilities:

  • Investigate losses, determine bond liability, determine loss exposure, review and analyze documents and legal pleadings.

  • Collaborate and communicate with underwriters, agents, principals, and internal stakeholders on payment bond claims and/or commercial bond claims.

  • Partner on the internal development of Surety Claims system and continue to support the ongoing Surety Claims systems by ensuring development of internal check and balances as well as updates to systems.

  • Develop and enhance internal reporting and solutions for Surety Claims, supporting short- and long-term information needs. Prepare and distribute reports to Surety Claims and cross-functional partners.

  • Assist with the development and management of department procedures and guides.

  • Develop action plans to proactively resolve claims, timely evaluate exposure, engage relevant parties in negotiations, and support claim settlement.

  • Establish and maintain proper reserve for each claim to accurately reflect the financial exposure

  • Direct and manage external counsel to manage litigated claims.

  • Partner with Surety leadership to establish annual goals and objectives for Surety Claims initiatives and monitor progress.

  • Liaison with all supporting Amerisure staff to align Surety Claims needs with existing processes and procedures.

  • Responsible for the achievement of department goals within the Surety Claims unit, established to achieve the company’s strategic objectives.

Requirements:

  • Juris Doctorate required.

  • 4 years of Surety and/or Insurance experience.

  • 1 year of Surety and/or Insurance Claims experience preferred.

  • Ability to obtain appropriate state licensing as required.

  • Intermediate computer skills required including Microsoft Office Suite.

  • Excellent organizational skills and ability to function in a fast paced, highly visible, and changing environment.

  • Ability to think strategically with supporting analytical and problem-solving skills, including the ability to deal with ambiguity.

  • Ability to facilitate internal meetings and informational exchanges.

  • Strong attention to detail with a willingness to focus on the customer experience.

  • Ability to travel overnight up to 20%.

#LI-CR1

Just as we are committed to creating exceptional value for our Partners For Success® agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposition that, in part, is provided through a competitive total rewards package. This package includes competitive base pay, performance-based incentive pay, comprehensive health and welfare benefits, a 401(k) savings plan with profit sharing, and generous paid time off programs. We also offer flexible work arrangements to promote work-life balance. Recognized as one of the Best and Brightest® Companies to Work For in the Nation and one of Business Insurance magazine’s Best Places to Work in Insurance, we provide a workplace that fosters excellence and professional growth. If you are looking for a collaborative and rewarding career, Amerisure is looking for you.

Amerisure Mutual Insurance Company is an Equal Employment Opportunity employer.  Amerisure provides equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (to include sexual orientation and gender identity), national origin, age, disability, genetic information, veteran status, or any other protected characteristic under applicable federal, state, or local laws. Amerisure complies with all applicable laws governing nondiscrimination in employment in all locations where the company operates.  This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.   Amerisure prohibits harassment or discrimination of any kind and is committed to maintaining a workplace free from unlawful harassment or discrimination. Amerisure prohibits retaliation against anyone who reports discrimination, participates in an investigation, or opposes unlawful practices. Any improper interference with an employee’s ability to perform their job duties may result in disciplinary action, up to and including termination.

Skills Required

  • Juris Doctorate
  • 4 years of Surety and/or Insurance experience
  • 1 year of Surety and/or Insurance Claims experience
  • Ability to obtain appropriate state licensing as required
  • Intermediate computer skills including Microsoft Office Suite
  • Excellent organizational skills and ability to function in a fast paced, highly visible, and changing environment
  • Strategic thinking with analytical and problem-solving skills and ability to deal with ambiguity
  • Ability to facilitate internal meetings and informational exchanges
  • Strong attention to detail with customer focus
  • Ability to travel overnight up to 20%
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The Company
HQ: Farmington, MI
827 Employees
Year Founded: 1912

What We Do

Amerisure Insurance Company’s continuous strength and success are the result of an unwavering commitment to service. Since 1912, Amerisure has worked tirelessly to make America’s workplaces safer. Our expertise is providing business insurance solutions to the manufacturing, construction, healthcare, and wholesale & distribution industries. At the core of our ongoing commitment is a partnership-based strategy that emphasizes a dedicated team-oriented approach to serving our customers. We believe extraordinary value is created when exceptional people collaborate. When you partner with Amerisure through one of our agencies, you will experience the Amerisure difference delivered personally by relationship focused professionals. As an “A” rated (Excellent) property and casualty insurance company licensed in 50 states, Amerisure provides a comprehensive line of insurance products to protect businesses focused in construction, manufacturing and healthcare through strategically located Core Service Centers. Our local teams deliver efficient, yet high-quality service to manage and resolve issues quickly.

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