Senior Surety Claim Adjuster

FCCI Insurance Group•Ridgeland, MS

11d•Remote

About The Position

FCCI empowers it’s teammates to deliver commercial insurance products and services so businesses can thrive and face the future with confidence. If our mission statement appeals to you, come and be a part of our amazing team! The Senior Surety Claim Adjuster will independently conduct due diligence, evaluate exposure, and represent Surety's interests with adverse parties and proactively respond to demands against contract and commercial surety bonds. This position can be located at our corporate office in Sarasota, FL or one of our regional offices or remote within our territory. In exchange for your talents, FCCI offers competitive salaries and an excellent benefits package which includes: Flexible Work Environment Paid Family Leave Competitive PTO & Holidays Recognition & Bonus Programs Medical, Vision, Dental & Life Insurance Employee Referral Bonus Paid Volunteer Time 401(k) Match & Profit-Sharing The salary range for this position is $83,080-$127,945 annually. This salary range is an estimate and the actual salary will vary based on applicant’s education, experience, knowledge, skills, and abilities. We are an Equal Employment Opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, marital status or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved. Please apply via our website at www.fcci-group.com [http://www.fcci-group.com]. Drug Free Workplace (Pre-employment drug screen is conducted for all positions)

Responsibilities

Investigates assigned claims including initial investigation, analysis, settlement, and when applicable, denial within authority limits, time standards and company best practices.
Actively solicits facts from all stakeholders, analyze bond forms and construction contracts, reviews applicable statutes, and analyzes claim submissions involving commercial and contract surety bonds.
Under supervision, interprets coverage, setting reserves, and when appropriate tender of settlement.
Responds urgently to performance bond related demands that may require sudden travel to claim site.
Retains and seeks advice of outside counsel or consultants to supplement investigation before responding to a demand against a bond, as needed.
Responsible for comprehensive reporting on the status of claims to all stakeholders. This includes the preparation and presentation of reports and summaries to claims management staff as well as FCCI agents and reinsurer.
Consults with underwriting staff on potential new and existing accounts related to bond forms, contract requirements, indemnity and collateral agreements