Senior Claims Representative/Specialist - Bond Division

The Surety Bond Claims team is currently seeking a Financial Products Senior Claims Representative/Specialist to join our team in Cincinnati, OH. This position requires working from our Cincinnati office five days a week with flexibility for periodic work from home. Prior surety bond claim handling experience is not required. A successful candidate must have a sense of urgency to resolve claims and possess organizational skills to manage and prioritize assigned claims. Essential Job Functions and Responsibilities Investigates, evaluates and adjusts surety bond claims. Reviews and evaluates coverage and/or liability. Secure 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. Performs other duties as assigned. Job Requirements Education: Bachelor’s Degree or equivalent experience. (JD, MBA, CPA or paralegal experience a plus) Field of Study: Business, Liberal Arts, Finance or related discipline. Experience: Generally, 5+ years of related experience. Knowledge of construction, legal, and accounting processes is a plus. Business Unit Bond Benefits We offer 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, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits. Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at Excludes seasonal employees and interns. #J-18808-Ljbffr