RecruitMilitary Logo
Sign In

Senior Surety Counsel - Military Veterans

at Liberty Mutual Insurance Group

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.


Description

Liberty Mutual Surety™ is seeking an experienced Sr. Surety Claims Counsel to support our Core Contract East Claims team, which is primarily responsible for managing domestic contract surety claims within the eastern half of the United States. This is an excellent opportunity for an entrepreneurial and analytically-minded attorney with significant prior surety experience, including the management of highly complex claims involving multiple bonds.

 

As Sr. Surety Claims Counsel, you will be responsible for contributing to technical processes that optimize planned business results by working independently and within a team. In this role, you will apply advanced level knowledge of contract surety claims to a portfolio of cases varying in size and scope, with a significant focus on the largest and most complex claims in the region. You will investigate, evaluate and settle claims in a fair and efficient manner. You will also negotiate, analyze, resolve and manage surety claims, ensuring customer satisfaction and loss mitigation.

 

Liberty Mutual Surety, a business unit of Liberty Mutual Insurance, is the world’s largest globally Surety, including in the United States. Conducting business worldwide through fronting relationships and Liberty-owned subsidiaries, we provide bonds in over 60 countries for construction firms, manufacturers and suppliers, and commercial enterprises on an account and transactional basis. We are committed to building mutually profitable relationships by providing smart business solutions, ease of doing business, and consistent, responsive service.  Liberty Mutual Surety is dedicated to the communities we serve and highly values a diverse workforce in more than 18 countries.

 

Responsibilities:

 


  • Demonstrate and exercise an understanding of surety bonds and the surety industry, including the structure, terms, and conditions of Liberty Mutual's obligations under bonds and applicable laws and regulations, by investigating and negotiating claims; analyzing financial data and contractual obligations; making reserve recommendations; determining an appropriate course of action and managing the case to successful resolution.

  • Investigate, negotiate, analyze, resolve, and manage surety claims cases to ensure customer satisfaction and loss mitigation.

  • Direct claims and recovery efforts, both directly and through assignment to outside consultants, accountants, financial advisors, construction engineers and legal counsel.

  • Claim duties may include some or all of the following:


    • investigating defaults and making strategy recommendations,

    • setting accurate reserves and recommending adjustments as warranted,

    • implementing default strategies, and

    • analyzing recovery prospects and implementing appropriate action.


  • Draft and review legal documents (e.g., contracts, insurance policies, leases) involving surety claims; manage outside counsel in connection with litigation; represent the Company before regulatory and administrative bodies; provide advice regarding the implications of new laws substantially impacting the company's business; and anticipate legal issues and encourage practices to prevent problems from arising.

  • Identify and escalate potential high exposure claims and provide recommendations.

  • Stay abreast of state statutes and regulations regarding surety claims. Maintain current knowledge of legal issues and developments in the law.

  • Maintain appropriate communication with key internal stakeholders, including underwriting and legal.

  • Participate in operational, development, training projects, initiatives, and presentations as requested or assigned.

  • Fulfill other duties as assigned.

Qualifications

  • Bachelor's degree required.

  • Juris Doctorate degree and active membership of bar in at least one state required.

  • Minimum of 5 years as a practicing attorney with a diverse caseload required, with an emphasis in contract surety claims strongly preferred.

  • Experience managing the most complex surety claims involving multiple bonds with losses in excess of $5 million with a preference of $10 million or more highly preferred.

  • In-depth knowledge and experience working at a surety company or surety law firm representing surety companies specifically highly preferred.

  • Knowledge of private, state, and federal laws that are applicable to surety claims and transactional matters.

  • Strong written and verbal communication skills.

  • Demonstrated ability to balance competing priorities and meet applicable deadlines.

  • Willingness to travel on short notice.

  • Current claims adjuster license in Texas and Florida (or ability to obtain requisite license).

About Us

This position may have in-office requirements depending on candidate location.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices


  • California

  • San Francisco

  • Los Angeles

  • Philadelphia

Duluth, GA

Liberty Mutual Insurance Group

At Liberty Mutual, we're proud to support these military service members and veterans who protect our communities, as well as their families. And we recognize the unique abilities this highly regarded group of individuals brings to our organization. More than 400,000 service members enter the civilian workforce each year, and we celebrate all they have to offer with benefits and programs that help them build fulfilling careers. That's why we have been consistently named a top workplace for veterans and military personnel year over year. Our benefits range from 30 days of paid military leave for our Guard and Reserve members to our military specific Employee Resource Group, Valor, which has over 3,000 members and offers 1-to-1 mentorship, and more.

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people and businesses embrace today and confidently pursue tomorrow.

In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2020 gross written premium. We also rank 78 on the Fortune 100 list of largest corporations in the US based on 2021 revenue. As of December 31, 2021, we had $48.2 billion in annual consolidated revenue.

We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

For more information, visit www.libertymutualinsurance.com.

Belief

  • We believe progress happens when people feel secure.
  • Our belief represents the driving convictions we have about people and the world.

Purpose

  • We exist to help people embrace today and confidently pursue tomorrow.
  • Our purpose serves as the organizational North Star that defines and guides everything we do.

Promise

  • We promise protection for the unexpected, delivered with care.
  • Our promise describes what we do and how we do it differently.

Benefits

Passion has its benefits. At Liberty Mutual, we value your hard work, integrity and commitment to make things better. And it is our privilege to offer you benefits that support your life and well-being.

  • Health
  • Health Savings Account (HSA)
  • DentalVisionDisability Insurance (both short- and long-term)
  • Life Insurance (for you and your family)
  • Accidental Death and Dismemberment Insurance
  • Dependent Care Flexible Spending Account
  • Employee Assistance Plan (EAP), including dependent care resources
  • Retirement Benefit (pension) Plan
  • 401(k) Savings Plan with Company Match
  • Other valuable benefits
Similar Jobs