Senior Surety Claim Adjuster

Sarasota Home Office
Sarasota, FL , USA

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.

Key responsibilities include:

• 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.

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:

• Paid Family Leave
• Competitive PTO & Holidays
• Recognition & Bonus Programs
• Employee Referral Bonus
• 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.

Drug Free Workplace (Pre‑employment drug screen is conducted for all positions)

• Bachelor’s degree required, Maters Degree or Juris Doctorate preferred.
• Minimum of four years applicable surety, legal or construction management experience including a background in handling complex, litigated cases.
• Multistate/jurisdiction experience necessary.
• Active adjusters license in assigned jurisdictions.
• Valid driver’s license.
• Ability to obtain additional adjuster licenses as required to service accounts.
• Advanced working knowledge of insurance claim procedures, rules, systems, and regulations.
• Advanced working knowledge of claim file management techniques and processes.
• Advanced understanding of the judicial and legal systems.
• Advanced knowledge of construction contracts and legal terminology.
• Advanced knowledge of construction, engineering and accounting practices.
• Excellent communication, negotiation, interpersonal and organizational skills.
• Ability to analyze, define and solve problems, the use of good judgment and decision‑making.
• Ability to learn to interpret and explain commercial and surety bond coverage, as applicable to the area of claims handling.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.